Algoma Steel
ASTL
128 hedge funds and large institutions have $553M invested in Algoma Steel in 2025 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 29 closing their positions.
359% more call options, than puts
Call options by funds: $31.8M | Put options by funds: $6.93M
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
22% more capital invested
Capital invested by funds: $454M → $553M (+$98.7M)
2.7% more ownership
Funds ownership: 73.77% → 76.47% (+2.7%)
2% less funds holding
Funds holding: 131 → 128 (-3)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$8.77M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$7.24M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$6.67M |
| 4 |
AC
Amitell Capital
Singapore
|
+$6.03M |
| 5 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$11.4M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$6.73M |
| 3 |
TCM
Thomist Capital Management
Houston,
Texas
|
-$4.12M |
| 4 |
Millennium Management
New York
|
-$3.73M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Two Sigma Investments
New York
| – | -$98.7K | -18,213 | Closed |
|
|
AIMCA
152
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$87.9K | -16,200 | Closed |
|
|
AIM
153
Aigen Investment Management
New York
| – | -$99K | -12,678 | Closed |
|
|
PHK
154
Point72 Hong Kong
Hong Kong
| – | -$21.7K | -4,000 | Closed |
|
155
Walleye Trading
New York
| – | -$21.6K | -3,879 | Closed |
|
|
BIG
156
Brooklyn Investment Group
Brooklyn,
New York
| – | -$1.49K | -274 | Closed |
|
|
SW
157
SVB Wealth
Boston,
Massachusetts
| – | -$309 | -57 | Closed |
|
ASTL Hedge Fund Activity: Q2 2025 in Review
128 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel (ASTL) for Q2 2025, worth a combined $553M — up 22% from $454M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ASTL and 26 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 33 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $8.77M. The largest seller was Donald Smith & Co, cutting an estimated $11.4M.
- 128 institutional investors held Algoma Steel (ASTL) as of Q2 2025, down from 131 in Q1 2025.
- Funds reported $553M of Algoma Steel stock for Q2 2025, up 22% quarter-over-quarter.
- 26 funds opened new Algoma Steel positions in Q2 2025 and 29 closed out, a net change of -3 holders.
- The largest Algoma Steel buyer in Q2 2025 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $8.77M added.
- The largest Algoma Steel seller in Q2 2025 was Donald Smith & Co, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2025.