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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
26
Holders Change
-3
Holders Change %
-10.34%
% of All Funds
0.37%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
2
Reduced
7
Closed
5
Calls
$70K
Puts
–
Net Calls
+$70K
Net Calls Change
-$24K

Top Buyers

Rank Fund Capital Flow
1
CM
CastleKnight Management
New York
+$239K
2
VF
Virtu Financial
New York
+$43.1K
3
M
Murchinson
Ontario, Canada
+$27.5K
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$573

Top Sellers

Rank Fund Capital Flow
1
AC
Aristeia Capital
Connecticut
-$292K
2
Walleye Capital
Walleye Capital
New York
-$258K
3
FBCM
Fort Baker Capital Management
California
-$159K
4
CL
CSS LLC
Illinois
-$111K
5
MG
Marex Group
-$99.1K
Name Holding Trade Value Shares
Change 		Change in
Stake
LP
1
LMR Partners
United Kingdom
$3.73M – – –
AC
2
Aristeia Capital
Connecticut
$3.48M -$292K -216,783 -8%
D.E. Shaw & Co
3
D.E. Shaw & Co
New York
$694K +$573 +425 +0.1%
AAI
4
Aequim Alternative Investments
California
$567K – – –
SGL
5
Sonic GP LLC
Hawaii
$384K – – –
FBCM
6
Fort Baker Capital Management
California
$347K -$159K -117,616 -32%
Walleye Capital
7
Walleye Capital
New York
$292K -$258K -190,985 -47%
CM
8
CastleKnight Management
New York
$259K +$239K +176,816 +1,464%
JP Morgan Chase
9
JP Morgan Chase
New York
$171K – – –
CAC
10
Cowen and Company
New York
$164K -$30.4K -22,500 -16%
Jane Street
11
Jane Street
New York
$138K -$1.79K -1,327 -1%
GJL
12
Gendell Jeffrey L
$128K – – –
BFM
13
Boothbay Fund Management
New York
$86.6K – – –
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$76K – – –
WA
15
Whitebox Advisors
Minnesota
$65.3K – – –
IWM
16
IHT Wealth Management
Illinois
$62.3K – – –
KC
17
Kepos Capital
New York
$52K – – –
Nomura Holdings
18
Nomura Holdings
Japan
$49K – – –
WAM
19
Wolverine Asset Management
Illinois
$47.5K -$12.4K -9,198 -21%
VF
20
Virtu Financial
New York
$44K +$43.1K +31,960 New
Wealth Enhancement Advisory Services
21
Wealth Enhancement Advisory Services
Minnesota
$41.1K – – –
M
22
Murchinson
Ontario, Canada
$28.1K +$27.5K +20,400 New
SC
23
Saltoro Capital
Texas
$27.4K – – –
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$27.4K – – –
DC
25
Diametric Capital
Massachusetts
$25.6K -$23.1K -17,158 -48%
1
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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.