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Kaiser Aluminum

178 hedge funds and large institutions have $1.47B invested in Kaiser Aluminum in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 72 increasing their positions, 59 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 15

22% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 59

18% more capital invested

Capital invested by funds: $1.25B → $1.47B (+$222M)

6% more funds holding

Funds holding: 168178 (+10)

62% less call options, than puts

Call options by funds: $57K | Put options by funds: $150K

Holders
178
Holders Change
+10
Holders Change %
+5.95%
% of All Funds
5.77%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
26
Increased
72
Reduced
59
Closed
15
Calls
$57K
Puts
$150K
Net Calls
-$93K
Net Calls Change
-$93K
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$16.3M +$215K +3,177 +1%
Victory Capital Management
27
Victory Capital Management
Texas
$16.1M +$15.3M +225,831 New
Hotchkis & Wiley Capital Management
28
Hotchkis & Wiley Capital Management
California
$16M +$15.1M +224,100 New
Nomura Holdings
29
Nomura Holdings
Japan
$15.5M +$6.37M +94,259 +77%
Morgan Stanley
30
Morgan Stanley
New York
$15.4M +$478K +7,077 +3%
TA
31
Teachers Advisors
New York
$13.1M +$1.4M +20,668 +13%
SFM
32
Systematic Financial Management
New Jersey
$11.6M +$1.01M +14,939 +10%
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$11.4M +$3.09M +45,732 +40%
Millennium Management
34
Millennium Management
New York
$11M -$2.72M -40,249 -21%
WAM
35
Winslow Asset Management
Ohio
$10.9M +$7.77K +115 +0.1%
CCM
36
Cadence Capital Management
Massachusetts
$10.5M -$1.78M -26,282 -15%
PCM
37
Penn Capital Management
Pennsylvania
$10.2M -$711K -10,528 -7%
TI
38
Turner Investments
Pennsylvania
$9.31M -$7.66M -113,320 -46%
SG Americas Securities
39
SG Americas Securities
New York
$8.55M -$426K -6,305 -5%
DGHMC
40
Dalton, Greiner, Hartman, Maher & Co
New York
$8.39M +$1.5M +22,260 +23%
Ameriprise
41
Ameriprise
Minnesota
$8.09M +$1.88M +27,872 +33%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$7.92M +$1.39M +20,598 +23%
Principal Financial Group
43
Principal Financial Group
Iowa
$7.69M +$1.04M +15,338 +17%
MOACM
44
Mutual of America Capital Management
New York
$7.24M -$33.1K -490 -0.5%
Allianz Asset Management
45
Allianz Asset Management
Germany
$7.11M +$3.72M +55,071 +123%
TCIM
46
TIAA CREF Investment Management
New York
$6.4M -$54.4K -806 -0.9%
Geode Capital Management
47
Geode Capital Management
Massachusetts
$5.84M +$292K +4,324 +6%
BGIM
48
Brandywine Global Investment Management
Pennsylvania
$5.75M +$405K +6,001 +8%
SCM
49
Saba Capital Management
New York
$5.56M +$279K +4,130 +6%
GAM
50
Gotham Asset Management
New York
$5.49M -$246K -3,646 -5%

KALU Hedge Fund Activity: Q3 2013 in Review

178 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Kaiser Aluminum (KALU) for Q3 2013, worth a combined $1.47B — up 18% from $1.25B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new KALU positions and 15 closed out — a net gain of 11 holders — while 72 added to existing stakes and 59 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $21.4M. The largest seller was Carlson Capital, exiting entirely with an estimated $38.7M sold.

  • 178 institutional investors held Kaiser Aluminum (KALU) as of Q3 2013, up from 168 in Q2 2013.
  • Funds reported $1.47B of Kaiser Aluminum stock for Q3 2013, up 18% quarter-over-quarter.
  • 26 funds opened new Kaiser Aluminum positions in Q3 2013 and 15 closed out, a net change of +11 holders.
  • The largest Kaiser Aluminum buyer in Q3 2013 was Fidelity Investments, an estimated $21.4M added.
  • The largest Kaiser Aluminum seller in Q3 2013 was Carlson Capital, an estimated $38.7M sold.

Based on aggregated 13F filings for Q3 2013.