Kaiser Aluminum
KALU
287 hedge funds and large institutions have $1.92B invested in Kaiser Aluminum in 2026 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 94 increasing their positions, 97 reducing their positions, and 31 closing their positions.
485% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $2.31M
87% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 31
8% more funds holding
Funds holding: 266 → 287 (+21)
6% more capital invested
Capital invested by funds: $1.82B → $1.92B (+$102M)
0.6% more ownership
Funds ownership: 97.54% → 98.14% (+0.6%)
3% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 97
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$46.4M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$18.7M |
| 3 |
Two Sigma Investments
New York
|
+$15.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$14.8M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAMI
Nomura Asset Management International
Philadelphia,
Pennsylvania
|
-$24.5M |
| 2 |
BlackRock
New York
|
-$19.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$14.5M |
| 5 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$7.17M |
KALU Hedge Fund Activity: Q1 2026 in Review
287 institutional investors reported a position in Kaiser Aluminum (KALU) for Q1 2026, worth a combined $1.92B — up 5.6% from $1.82B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new KALU positions and 31 closed out — a net gain of 27 holders — while 94 added to existing stakes and 97 trimmed.
The largest buyer was State Street, adding an estimated $46.4M. The largest seller was Nomura Asset Management International, cutting an estimated $24.5M.
- 287 institutional investors held Kaiser Aluminum (KALU) as of Q1 2026, up from 266 in Q4 2025.
- Funds reported $1.92B of Kaiser Aluminum stock for Q1 2026, up 5.6% quarter-over-quarter.
- 58 funds opened new Kaiser Aluminum positions in Q1 2026 and 31 closed out, a net change of +27 holders.
- The largest Kaiser Aluminum buyer in Q1 2026 was State Street, an estimated $46.4M added.
- The largest Kaiser Aluminum seller in Q1 2026 was Nomura Asset Management International, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2026.