Kaiser Aluminum
KALU
169 hedge funds and large institutions have $2.25B invested in Kaiser Aluminum in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 68 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% more funds holding
Funds holding: 161 → 169 (+8)
21% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 68
22% less capital invested
Capital invested by funds: $2.87B → $2.25B (-$622M)
36% less call options, than puts
Call options by funds: $843K | Put options by funds: $1.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$371M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$31.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$21.6M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$11.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$35.7M |
| 2 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$18.7M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$16.5M |
| 4 |
Bank of New York Mellon
New York
|
-$6.24M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.43M |
KALU Hedge Fund Activity: Q1 2014 in Review
169 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kaiser Aluminum (KALU) for Q1 2014, worth a combined $2.25B — down 22% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KALU positions and 13 closed out — a net gain of 9 holders — while 54 added to existing stakes and 68 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $371M. The largest seller was Heartland Advisors, exiting entirely with an estimated $35.7M sold.
- 169 institutional investors held Kaiser Aluminum (KALU) as of Q1 2014, up from 161 in Q4 2013.
- Funds reported $2.25B of Kaiser Aluminum stock for Q1 2014, down 22% quarter-over-quarter.
- 22 funds opened new Kaiser Aluminum positions in Q1 2014 and 13 closed out, a net change of +9 holders.
- The largest Kaiser Aluminum buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $371M added.
- The largest Kaiser Aluminum seller in Q1 2014 was Heartland Advisors, an estimated $35.7M sold.
Based on aggregated 13F filings for Q1 2014.