Algoma Steel
ASTL
131 hedge funds and large institutions have $454M invested in Algoma Steel in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 23 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
11% more call options, than puts
Call options by funds: $5.42M | Put options by funds: $4.89M
4% less funds holding
Funds holding: 136 → 131 (-5)
4.44% less ownership
Funds ownership: 78.2% → 73.77% (-4.4%)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
43% less capital invested
Capital invested by funds: $799M → $454M (-$344M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$7.57M |
| 2 |
LAII
LM Asset (IM) Inc
Vancouver,
British Columbia, Canada
|
+$6.84M |
| 3 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$5.48M |
| 4 |
LC
Littlejohn & Co
Greenwich,
Connecticut
|
+$5.42M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$23.6M |
| 2 |
TCM
Thomist Capital Management
Houston,
Texas
|
-$20.7M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$12M |
| 4 |
YCM
Yaupon Capital Management
New York
|
-$10.6M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$9.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
151
Aquatic Capital Management
Chicago,
Illinois
| – | -$64.2K | -6,565 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$40.8K | -5,426 | Closed |
|
|
PAS
153
Point72 Asia (Singapore)
Singapore
| – | -$3.78K | -386 | Closed |
|
154
Osaic Holdings
Scottsdale,
Arizona
| – | -$2.54K | -260 | Closed |
|
ASTL Hedge Fund Activity: Q1 2025 in Review
131 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel (ASTL) for Q1 2025, worth a combined $454M — down 43% from $799M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ASTL and 19 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 44 added.
The largest buyer was Maple Rock Capital Partners, adding an estimated $7.57M. The largest seller was Millennium Management, cutting an estimated $23.6M.
- 131 institutional investors held Algoma Steel (ASTL) as of Q1 2025, down from 136 in Q4 2024.
- Funds reported $454M of Algoma Steel stock for Q1 2025, down 43% quarter-over-quarter.
- 19 funds opened new Algoma Steel positions in Q1 2025 and 23 closed out, a net change of -4 holders.
- The largest Algoma Steel buyer in Q1 2025 was Maple Rock Capital Partners, an estimated $7.57M added.
- The largest Algoma Steel seller in Q1 2025 was Millennium Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2025.