Algoma Steel Group Warrant
ASTLW
26 hedge funds and large institutions have $11M invested in Algoma Steel Group Warrant in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0.53% less ownership
Funds ownership: 8.07% → 7.54% (-0.53%)
10% less funds holding
Funds holding: 29 → 26 (-3)
30% less capital invested
Capital invested by funds: $15.7M → $11M (-$4.7M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$239K |
| 2 |
VF
Virtu Financial
New York
|
+$43.1K |
| 3 |
M
Murchinson
Toronto,
Ontario, Canada
|
+$27.5K |
| 4 |
D.E. Shaw & Co
New York
|
+$573 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$292K |
| 2 |
Walleye Capital
New York
|
-$258K |
| 3 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$159K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$111K |
| 5 |
MG
Marex Group
London,
|
-$99.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| $17.3K | – | – | – |
|
|
BAM
27
Brave Asset Management
Summit,
New Jersey
| $13.7K | – | – | – |
|
|
CL
28
CSS LLC
Chicago,
Illinois
| – | -$111K | -60,396 | Closed |
|
|
MG
29
Marex Group
London,
| – | -$99.1K | -53,883 | Closed |
|
|
AO
30
Advisor OS
Chicago,
Illinois
| – | -$40.3K | -21,875 | Closed |
|
|
MA
31
MJP Associates
Farmington,
Connecticut
| – | -$40.3K | -21,875 | Closed |
|
|
PCM
32
Prelude Capital Management
New York
| – | -$22.7K | -12,313 | Closed |
|
ASTLW Hedge Fund Activity: Q1 2024 in Review
26 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel Group Warrant (ASTLW) for Q1 2024, worth a combined $11M — down 30% from $15.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ASTLW and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was CastleKnight Management, adding an estimated $239K. The largest seller was Aristeia Capital, cutting an estimated $292K.
- 26 institutional investors held Algoma Steel Group Warrant (ASTLW) as of Q1 2024, down from 29 in Q4 2023.
- Funds reported $11M of Algoma Steel Group Warrant stock for Q1 2024, down 30% quarter-over-quarter.
- 2 funds opened new Algoma Steel Group Warrant positions in Q1 2024 and 5 closed out, a net change of -3 holders.
- The largest Algoma Steel Group Warrant buyer in Q1 2024 was CastleKnight Management, an estimated $239K added.
- The largest Algoma Steel Group Warrant seller in Q1 2024 was Aristeia Capital, an estimated $292K sold.
Based on aggregated 13F filings for Q1 2024.