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NOR

NORANDA ALUM HLDG CORP COM NEW
NOR

Delisted

NOR was delisted on the 25th of November, 2015.

73 hedge funds and large institutions have $191M invested in NORANDA ALUM HLDG CORP COM NEW in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 35 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $145M → $191M (+$45.9M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less funds holding

Funds holding: 8473 (-11)

48% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 23

60% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 35

98% less call options, than puts

Call options by funds: $3K | Put options by funds: $139K

Holders
73
Holders Change
-11
Holders Change %
-13.1%
% of All Funds
2.12%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
14
Reduced
35
Closed
23
Calls
$3K
Puts
$139K
Net Calls
-$136K
Net Calls Change
-$72K
Name Holding Trade Value Shares
Change
Change in
Stake
AMH
1
Apollo Management Holdings
New York
$108M
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$20.6M +$2.02M +108,136 +14%
RA
3
Royce & Associates
New York
$7.7M +$684K +36,643 +12%
TAM
4
Third Avenue Management
New York
$4.93M +$4M +214,286 New
MNA
5
Manning & Napier Advisors
New York
$4.84M -$53.4K -2,857 -1%
TC
6
TFS Capital
Pennsylvania
$4.71M +$1.76M +94,257 +86%
Vanguard Group
7
Vanguard Group
Pennsylvania
$4.16M -$1.17M -62,741 -26%
Bank of America
8
Bank of America
North Carolina
$3.8M +$209K +11,197 +7%
DCCA
9
D.C. Capital Advisors
New York
$3.29M -$1.33M -71,429 -33%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$3.08M +$141K +7,541 +6%
BFA
11
BlackRock Fund Advisors
California
$3.05M -$138K -7,380 -5%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$2.31M -$278K -14,880 -13%
State Street
13
State Street
Massachusetts
$2.23M +$8.72K +467 +0.5%
Northern Trust
14
Northern Trust
Illinois
$1.73M -$29K -1,550 -2%
BIT
15
BlackRock Institutional Trust
California
$1.47M -$637K -34,075 -35%
PRCM
16
Pine River Capital Management
Minnesota
$1.32M +$1.07M +57,400 New
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.07M -$271K -14,490 -24%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$955K
Millennium Management
19
Millennium Management
New York
$841K -$238K -12,728 -26%
BCM
20
Bridgeway Capital Management
Texas
$721K
RC
21
RBF Capital
California
$679K +$17K +908 +3%
TCIM
22
TIAA CREF Investment Management
New York
$670K +$99.9K +5,348 +23%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$656K +$219K +11,743 +56%
Morgan Stanley
24
Morgan Stanley
New York
$480K +$239K +12,775 +158%
AQR Capital Management
25
AQR Capital Management
Connecticut
$474K -$489K -26,200 -56%

NOR Hedge Fund Activity: Q4 2013 in Review

73 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NORANDA ALUM HLDG CORP COM NEW (NOR) for Q4 2013, worth a combined $191M — up 32% from $145M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of NOR and 12 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 14 added.

The largest buyer was Third Avenue Management, opening a new position worth an estimated $4M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $3.44M sold.

  • 73 institutional investors held NORANDA ALUM HLDG CORP COM NEW (NOR) as of Q4 2013, down from 84 in Q3 2013.
  • Funds reported $191M of NORANDA ALUM HLDG CORP COM NEW stock for Q4 2013, up 32% quarter-over-quarter.
  • 12 funds opened new NORANDA ALUM HLDG CORP COM NEW positions in Q4 2013 and 23 closed out, a net change of -11 holders.
  • The largest NORANDA ALUM HLDG CORP COM NEW buyer in Q4 2013 was Third Avenue Management, an estimated $4M added.
  • The largest NORANDA ALUM HLDG CORP COM NEW seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $3.44M sold.

Based on aggregated 13F filings for Q4 2013.