Kaiser Aluminum
KALU
166 hedge funds and large institutions have $825M invested in Kaiser Aluminum in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 54 reducing their positions, and 27 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 54
2.1% less ownership
Funds ownership: 99.08% → 96.98% (-2.1%)
3% less funds holding
Funds holding: 172 → 166 (-6)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
28% less capital invested
Capital invested by funds: $1.15B → $825M (-$327M)
100% less call options, than puts
Call options by funds: $5K | Put options by funds: $5.78M
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$10.6M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$8.43M |
| 3 |
Renaissance Technologies
New York
|
+$5.33M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$4M |
| 5 |
Man Group
London,
United Kingdom
|
+$3.98M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.7M |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$11.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.05M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.85M |
KALU Hedge Fund Activity: Q3 2020 in Review
166 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Kaiser Aluminum (KALU) for Q3 2020, worth a combined $825M — down 28% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of KALU and 22 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 62 added.
The largest buyer was State Street, adding an estimated $10.6M. The largest seller was Fidelity Investments, cutting an estimated $39.7M.
- 166 institutional investors held Kaiser Aluminum (KALU) as of Q3 2020, down from 172 in Q2 2020.
- Funds reported $825M of Kaiser Aluminum stock for Q3 2020, down 28% quarter-over-quarter.
- 22 funds opened new Kaiser Aluminum positions in Q3 2020 and 27 closed out, a net change of -5 holders.
- The largest Kaiser Aluminum buyer in Q3 2020 was State Street, an estimated $10.6M added.
- The largest Kaiser Aluminum seller in Q3 2020 was Fidelity Investments, an estimated $39.7M sold.
Based on aggregated 13F filings for Q3 2020.