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Algoma Steel Group Warrant

25 hedge funds and large institutions have $32.5M invested in Algoma Steel Group Warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more capital invested

Capital invested by funds: $23M → $32.5M (+$9.49M)

0.97% more ownership

Funds ownership: 7.48%8.45% (+0.97%)

19% less funds holding

Funds holding: 3125 (-6)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
25
Holders Change
-6
Holders Change %
-19.35%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
4
Reduced
5
Closed
6
Calls
$1.48M
Puts
Net Calls
+$1.48M
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
MA
26
MCF Advisors
Kentucky
$525
SM
27
Scoggin Management
New York
-$144K -125,000 Closed
JAIC
28
Josh Arnold Investment Consultant
Minnesota
-$31K -27,000 Closed
AIP
29
ARS Investment Partners
New York
-$28K -24,217 Closed
BRF
30
B. Riley Financial
California
-$24K -20,754 Closed
WAM
31
Wolverine Asset Management
Illinois
-$2.57K -2,226 Closed
CS
32
Credit Suisse
Switzerland
-$1.38K -1,200 Closed

ASTLW Hedge Fund Activity: Q1 2023 in Review

25 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel Group Warrant (ASTLW) for Q1 2023, worth a combined $32.5M — up 41% from $23M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of ASTLW and 1 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 4 added.

The largest buyer was Aristeia Capital, adding an estimated $2.03M. The largest seller was Scoggin Management, exiting entirely with an estimated $144K sold.

  • 25 institutional investors held Algoma Steel Group Warrant (ASTLW) as of Q1 2023, down from 31 in Q4 2022.
  • Funds reported $32.5M of Algoma Steel Group Warrant stock for Q1 2023, up 41% quarter-over-quarter.
  • 1 fund opened new Algoma Steel Group Warrant positions in Q1 2023 and 6 closed out, a net change of -5 holders.
  • The largest Algoma Steel Group Warrant buyer in Q1 2023 was Aristeia Capital, an estimated $2.03M added.
  • The largest Algoma Steel Group Warrant seller in Q1 2023 was Scoggin Management, an estimated $144K sold.

Based on aggregated 13F filings for Q1 2023.