POSCO
129 hedge funds and large institutions have $475M invested in POSCO in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more call options, than puts
Call options by funds: $749K | Put options by funds: $561K
30% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 37
20% more capital invested
Capital invested by funds: $397M → $475M (+$77.6M)
0.54% more ownership
Funds ownership: 12.46% → 13.01% (+0.54%)
4% less funds holding
Funds holding: 135 → 129 (-6)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$29.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.11M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$8.91M |
| 4 |
BlackRock
New York
|
+$3.85M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.72M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.83M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.69M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.51M |
| 5 |
MIHAS
Maj Invest Holding A/S
Copenhagen K,
Denmark
|
-$4.55M |
PKX Hedge Fund Activity: Q3 2020 in Review
129 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q3 2020, worth a combined $475M — up 20% from $397M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PKX and 14 opened new positions — a net loss of 5 holders — while 37 trimmed existing stakes and 48 added.
The largest buyer was Pzena Investment Management, adding an estimated $29.6M. The largest seller was Millennium Management, exiting entirely with an estimated $8.72M sold.
- 129 institutional investors held POSCO (PKX) as of Q3 2020, down from 135 in Q2 2020.
- Funds reported $475M of POSCO stock for Q3 2020, up 20% quarter-over-quarter.
- 14 funds opened new POSCO positions in Q3 2020 and 19 closed out, a net change of -5 holders.
- The largest POSCO buyer in Q3 2020 was Pzena Investment Management, an estimated $29.6M added.
- The largest POSCO seller in Q3 2020 was Millennium Management, an estimated $8.72M sold.
Based on aggregated 13F filings for Q3 2020.