Kaiser Aluminum
KALU
198 hedge funds and large institutions have $1.23B invested in Kaiser Aluminum in 2025 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 56 reducing their positions, and 40 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 56
34% more capital invested
Capital invested by funds: $914M → $1.23B (+$312M)
1.36% more ownership
Funds ownership: 93.68% → 95.04% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 206 → 198 (-8)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
24% less call options, than puts
Call options by funds: $503K | Put options by funds: $662K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$19M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$5.26M |
| 3 |
BlackRock
New York
|
+$4.56M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$4.27M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$21M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$18.3M |
| 3 |
D.E. Shaw & Co
New York
|
-$3M |
| 4 |
Jane Street
New York
|
-$2.7M |
| 5 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
226
Aquatic Capital Management
Chicago,
Illinois
| – | -$20.2K | -333 | Closed |
|
|
TH
227
TCTC Holdings
Dallas,
Texas
| – | -$8.73K | -144 | Closed |
|
|
HCP
228
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$7.33K | -121 | Closed |
|
|
SAM
229
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$6.64K | -107 | Closed |
|
|
QL
230
Quarry LP
New York
| – | -$5.64K | -93 | Closed |
|
|
PWMG
231
Private Wealth Management Group
Princeton,
New Jersey
| – | -$2.91K | -48 | Closed |
|
|
MPWT
232
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.7K | -28 | Closed |
|
233
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$1K | -20 | Closed |
|
|
TWD
234
True Wealth Design
Akron,
Ohio
| – | -$1.09K | -18 | Closed |
|
|
C
235
Covestor
London,
United Kingdom
| – | -$1.02K | -15 | -83% |
|
236
AssetMark Inc
Concord,
California
| – | -$303 | -5 | Closed |
|
|
SC
237
Stephens Consulting
Flint,
Michigan
| – | -$304 | -5 | Closed |
|
|
CIAM
238
Caitong International Asset Management
Hong Kong
| – | -$61 | -1 | Closed |
|
KALU Hedge Fund Activity: Q2 2025 in Review
198 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Kaiser Aluminum (KALU) for Q2 2025, worth a combined $1.23B — up 34% from $914M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of KALU and 35 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 81 added.
The largest buyer was State Street, adding an estimated $19M. The largest seller was Invesco, cutting an estimated $21M.
- 198 institutional investors held Kaiser Aluminum (KALU) as of Q2 2025, down from 206 in Q1 2025.
- Funds reported $1.23B of Kaiser Aluminum stock for Q2 2025, up 34% quarter-over-quarter.
- 35 funds opened new Kaiser Aluminum positions in Q2 2025 and 40 closed out, a net change of -5 holders.
- The largest Kaiser Aluminum buyer in Q2 2025 was State Street, an estimated $19M added.
- The largest Kaiser Aluminum seller in Q2 2025 was Invesco, an estimated $21M sold.
Based on aggregated 13F filings for Q2 2025.