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Algoma Steel

107 hedge funds and large institutions have $605M invested in Algoma Steel in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 43 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

less funds holding in top 10

Funds holding in top 10:

less funds holding

Funds holding:

16% less capital invested

Capital invested by funds: $721M → $605M (-$116M)

28% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 43

55% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 20

Holders
107
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$13.3M
Puts
$4.99M
Net Calls
Net Calls Change

Top Buyers

1 +$39.9M
2 +$21.3M
3 +$7.66M
4
CP
CenterBook Partners
Connecticut
+$4.59M
5
Millennium Management
Millennium Management
New York
+$4.56M

Top Sellers

1 -$19.5M
2 -$11.6M
3 -$5.52M
4
Morgan Stanley
Morgan Stanley
New York
-$5.25M
5
CCM
Contrarian Capital Management
Connecticut
-$4.48M
Name Holding Trade Value Shares
Change
Change in
Stake
1
$82.8M
2
$66.1M
3
$51.7M
4
$42.5M
5
$33.4M
6
$31.7M
7
$23.8M
8
$21.2M
9
$20.6M
10
$17.3M
11
$14.9M
12
$13.5M
13
$12.4M
14
$12.4M
15
$12.4M
16
$12.2M
17
$10.5M
18
$9.69M
19
$8.42M
20
$7.66M
21
$7.63M
22
$6.93M
23
$6.88M
24
$5.4M
25
$5.02M