POSCO
138 hedge funds and large institutions have $882M invested in POSCO in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 35 reducing their positions, and 23 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 35
1.46% more ownership
Funds ownership: 27.42% → 28.89% (+1.5%)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
1% more funds holding
Funds holding: 137 → 138 (+1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less capital invested
Capital invested by funds: $1.17B → $882M (-$292M)
90% less call options, than puts
Call options by funds: $4.31M | Put options by funds: $41.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$27.3M |
| 2 |
GTP
Global Thematic Partners
New York
|
+$24.9M |
| 3 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$19.6M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$10.6M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.9M |
| 2 |
TAM
Third Avenue Management
New York
|
-$15.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.94M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$8.87M |
| 5 |
Renaissance Technologies
New York
|
-$6.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Two Sigma Advisers
New York
| – | -$299K | -6,100 | Closed |
|
152
Mariner
Overland Park,
Kansas
| – | -$274K | -5,585 | Closed |
|
153
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$250K | -5,100 | Closed |
|
|
BW
154
Bison Wealth
Atlanta,
Georgia
| – | -$225K | -4,580 | Closed |
|
|
LC
155
Lourd Capital
Beverly Hills,
California
| – | -$209K | -4,250 | Closed |
|
|
JG
156
Jefferies Group
New York
| – | -$145K | -2,956 | Closed |
|
157
Group One Trading
Chicago,
Illinois
| – | -$72.1K | -1,762 | Closed |
|
|
S
158
SignatureFD
Atlanta,
Georgia
| – | -$4K | -82 | Closed |
|
|
QCG
159
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -37 | Closed |
|
|
FNBT
160
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -28 | Closed |
|
PKX Hedge Fund Activity: Q3 2015 in Review
138 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q3 2015, worth a combined $882M — down 25% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new PKX positions and 23 closed out — a net gain of 2 holders — while 56 added to existing stakes and 35 trimmed.
The largest buyer was Kiltearn Partners, adding an estimated $27.3M. The largest seller was Arrowstreet Capital, cutting an estimated $24.9M.
- 138 institutional investors held POSCO (PKX) as of Q3 2015, up from 137 in Q2 2015.
- Funds reported $882M of POSCO stock for Q3 2015, down 25% quarter-over-quarter.
- 25 funds opened new POSCO positions in Q3 2015 and 23 closed out, a net change of +2 holders.
- The largest POSCO buyer in Q3 2015 was Kiltearn Partners, an estimated $27.3M added.
- The largest POSCO seller in Q3 2015 was Arrowstreet Capital, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2015.