POSCO
195 hedge funds and large institutions have $1.38B invested in POSCO in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 61 reducing their positions, and 33 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 61
6% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $9.52M
4% more capital invested
Capital invested by funds: $1.33B → $1.38B (+$47.4M)
0.56% more ownership
Funds ownership: 19.5% → 20.06% (+0.56%)
3% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 33
1% less funds holding
Funds holding: 197 → 195 (-2)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$34.8M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$24M |
| 3 |
Millennium Management
New York
|
+$15.4M |
| 4 |
Bank of New York Mellon
New York
|
+$11.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$34M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.1M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$12.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.9M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$10.4M |
PKX Hedge Fund Activity: Q1 2018 in Review
195 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2018, worth a combined $1.38B — up 3.6% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PKX and 32 opened new positions — a net loss of 1 holder — while 61 trimmed existing stakes and 71 added.
The largest buyer was UBS AM, adding an estimated $34.8M. The largest seller was Sprucegrove Investment Management, cutting an estimated $34M.
- 195 institutional investors held POSCO (PKX) as of Q1 2018, down from 197 in Q4 2017.
- Funds reported $1.38B of POSCO stock for Q1 2018, up 3.6% quarter-over-quarter.
- 32 funds opened new POSCO positions in Q1 2018 and 33 closed out, a net change of -1 holder.
- The largest POSCO buyer in Q1 2018 was UBS AM, an estimated $34.8M added.
- The largest POSCO seller in Q1 2018 was Sprucegrove Investment Management, an estimated $34M sold.
Based on aggregated 13F filings for Q1 2018.