POSCO
123 hedge funds and large institutions have $759M invested in POSCO in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 29 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
4.26% less ownership
Funds ownership: 28.89% → 24.63% (-4.3%)
11% less funds holding
Funds holding: 138 → 123 (-15)
14% less capital invested
Capital invested by funds: $882M → $759M (-$123M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
92% less call options, than puts
Call options by funds: $3.13M | Put options by funds: $39.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$41.1M |
| 2 |
JP Morgan Chase
New York
|
+$16.7M |
| 3 |
Two Sigma Investments
New York
|
+$8.7M |
| 4 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$4.06M |
| 5 |
Two Sigma Advisers
New York
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTP
Global Thematic Partners
New York
|
-$58.2M |
| 2 |
DS
Dalal Street
West Lake Hills,
Texas
|
-$34.4M |
| 3 |
TAM
Third Avenue Management
New York
|
-$32.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$24.2M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$9.1M |
PKX Hedge Fund Activity: Q4 2015 in Review
123 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q4 2015, worth a combined $759M — down 14% from $882M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PKX and 16 opened new positions — a net loss of 13 holders — while 46 trimmed existing stakes and 42 added.
The largest buyer was Arrowstreet Capital, adding an estimated $41.1M. The largest seller was Global Thematic Partners, cutting an estimated $58.2M.
- 123 institutional investors held POSCO (PKX) as of Q4 2015, down from 138 in Q3 2015.
- Funds reported $759M of POSCO stock for Q4 2015, down 14% quarter-over-quarter.
- 16 funds opened new POSCO positions in Q4 2015 and 29 closed out, a net change of -13 holders.
- The largest POSCO buyer in Q4 2015 was Arrowstreet Capital, an estimated $41.1M added.
- The largest POSCO seller in Q4 2015 was Global Thematic Partners, an estimated $58.2M sold.
Based on aggregated 13F filings for Q4 2015.