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Algoma Steel Group Warrant

24 hedge funds and large institutions have $12M invested in Algoma Steel Group Warrant in 2024 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more capital invested

Capital invested by funds: $7.27M → $12M (+$4.72M)

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

2.72% more ownership

Funds ownership: 3.98%6.7% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 2624 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
24
Holders Change
-2
Holders Change %
-7.69%
% of All Funds
0.32%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
4
Increased
6
Reduced
5
Closed
6
Calls
$77K
Puts
Net Calls
+$77K
Net Calls Change
-$4.71M
Name Holding Trade Value Shares
Change
Change in
Stake
LP
1
LMR Partners
United Kingdom
$4.21M +$4.98M +2,808,732 New
AC
2
Aristeia Capital
Connecticut
$1.81M -$683K -385,189 -24%
KPF
3
K2 Principal Fund
Ontario, Canada
$1.51M +$873K +492,523 +246%
BFM
4
Boothbay Fund Management
New York
$1.32M +$221K +124,800 +1,224%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$809K +$90.3K +50,930 +10%
AAI
6
Aequim Alternative Investments
California
$601K
CM
7
CastleKnight Management
New York
$421K -$26.6K -15,000 -5%
SGL
8
Sonic GP LLC
Hawaii
$420K
Jane Street
9
Jane Street
New York
$152K +$695 +392 +0.4%
ICM
10
Ionic Capital Management
New York
$150K +$177K +100,000 New
GJL
11
Gendell Jeffrey L
$140K
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$84K +$886 +500 +0.9%
WAM
13
Wolverine Asset Management
Illinois
$60.6K -$16.3K -9,216 -19%
Nomura Holdings
14
Nomura Holdings
Japan
$54K
VF
15
Virtu Financial
New York
$47K +$57.8K +32,635 New
Wealth Enhancement Advisory Services
16
Wealth Enhancement Advisory Services
Minnesota
$45K
IWM
17
IHT Wealth Management
Illinois
$36K -$9.75K -5,500 -19%
Toronto Dominion Bank
18
Toronto Dominion Bank
Ontario, Canada
$32K
SC
19
Saltoro Capital
Texas
$30K
LPL Financial
20
LPL Financial
California
$18.9K
SCM
21
Saba Capital Management
New York
$15.3K +$18.1K +10,200 New
BAM
22
Brave Asset Management
New Jersey
$15K
UBS Group
23
UBS Group
Switzerland
$2.38K -$537 -303 -16%
National Bank of Canada
24
National Bank of Canada
Quebec, Canada
$941 +$53 +30 +45%
CAC
25
Cowen and Company
New York
-$311K -180,517 Closed

ASTLW Hedge Fund Activity: Q4 2024 in Review

24 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Algoma Steel Group Warrant (ASTLW) for Q4 2024, worth a combined $12M — up 65% from $7.27M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of ASTLW and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.

The largest buyer was LMR Partners, opening a new position worth an estimated $4.98M. The largest seller was Aristeia Capital, cutting an estimated $683K.

  • 24 institutional investors held Algoma Steel Group Warrant (ASTLW) as of Q4 2024, down from 26 in Q3 2024.
  • Funds reported $12M of Algoma Steel Group Warrant stock for Q4 2024, up 65% quarter-over-quarter.
  • 4 funds opened new Algoma Steel Group Warrant positions in Q4 2024 and 6 closed out, a net change of -2 holders.
  • The largest Algoma Steel Group Warrant buyer in Q4 2024 was LMR Partners, an estimated $4.98M added.
  • The largest Algoma Steel Group Warrant seller in Q4 2024 was Aristeia Capital, an estimated $683K sold.

Based on aggregated 13F filings for Q4 2024.