POSCO
171 hedge funds and large institutions have $1.2B invested in POSCO in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 15 closing their positions.
113% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 15
16% more capital invested
Capital invested by funds: $1.04B → $1.2B (+$167M)
8% more funds holding
Funds holding: 158 → 171 (+13)
0.91% more ownership
Funds ownership: 19% → 19.91% (+0.91%)
1% more call options, than puts
Call options by funds: $5.24M | Put options by funds: $5.21M
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$50.9M |
| 2 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$30.2M |
| 3 |
BlackRock
New York
|
+$21.9M |
| 4 |
AssetMark Inc
Concord,
California
|
+$11.7M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$9.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$34.7M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$23.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$8.01M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$6.23M |
| 5 |
AC
Athos Capital
Hong Kong
|
-$5.55M |
PKX Hedge Fund Activity: Q3 2017 in Review
171 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q3 2017, worth a combined $1.2B — up 16% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PKX positions and 15 closed out — a net gain of 17 holders — while 54 added to existing stakes and 60 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $50.9M. The largest seller was Brandes Investment Partners, cutting an estimated $34.7M.
- 171 institutional investors held POSCO (PKX) as of Q3 2017, up from 158 in Q2 2017.
- Funds reported $1.2B of POSCO stock for Q3 2017, up 16% quarter-over-quarter.
- 32 funds opened new POSCO positions in Q3 2017 and 15 closed out, a net change of +17 holders.
- The largest POSCO buyer in Q3 2017 was Arrowstreet Capital, an estimated $50.9M added.
- The largest POSCO seller in Q3 2017 was Brandes Investment Partners, an estimated $34.7M sold.
Based on aggregated 13F filings for Q3 2017.