Kaiser Aluminum
KALU
162 hedge funds and large institutions have $2.87B invested in Kaiser Aluminum in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 66 reducing their positions, and 34 closing their positions.
149% more call options, than puts
Call options by funds: $1.8M | Put options by funds: $726K
92% more capital invested
Capital invested by funds: $1.5B → $2.87B (+$1.38B)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 178 → 162 (-16)
14% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 66
44% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$43.7M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$26.3M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$10.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.46M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$27.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.2M |
| 3 |
O
OppenheimerFunds
New York
|
-$18.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$17.9M |
| 5 |
Millennium Management
New York
|
-$11M |
KALU Hedge Fund Activity: Q4 2013 in Review
162 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Kaiser Aluminum (KALU) for Q4 2013, worth a combined $2.87B — up 92% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of KALU and 19 opened new positions — a net loss of 15 holders — while 66 trimmed existing stakes and 57 added.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $43.7M. The largest seller was Heartland Advisors, cutting an estimated $27.4M.
- 162 institutional investors held Kaiser Aluminum (KALU) as of Q4 2013, down from 178 in Q3 2013.
- Funds reported $2.87B of Kaiser Aluminum stock for Q4 2013, up 92% quarter-over-quarter.
- 19 funds opened new Kaiser Aluminum positions in Q4 2013 and 34 closed out, a net change of -15 holders.
- The largest Kaiser Aluminum buyer in Q4 2013 was Cambiar Investors, an estimated $43.7M added.
- The largest Kaiser Aluminum seller in Q4 2013 was Heartland Advisors, an estimated $27.4M sold.
Based on aggregated 13F filings for Q4 2013.