POSCO
145 hedge funds and large institutions have $1.84B invested in POSCO in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 18 closing their positions.
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
15% more capital invested
Capital invested by funds: $1.6B → $1.84B (+$233M)
4% more funds holding
Funds holding: 140 → 145 (+5)
1.8% more ownership
Funds ownership: 26.52% → 28.32% (+1.8%)
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
76% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $5.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
Dalal Street
West Lake Hills,
Texas
|
+$71.3M |
| 2 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
+$26.5M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$12.8M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$11.6M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$24.9M |
| 2 |
TAM
Third Avenue Management
New York
|
-$18.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.88M |
| 5 |
Millennium Management
New York
|
-$5.55M |
PKX Hedge Fund Activity: Q2 2014 in Review
145 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q2 2014, worth a combined $1.84B — up 15% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PKX positions and 18 closed out — a net gain of 5 holders — while 42 added to existing stakes and 45 trimmed.
The largest buyer was Dalal Street, opening a new position worth an estimated $71.3M. The largest seller was Dupont Capital Management, cutting an estimated $24.9M.
- 145 institutional investors held POSCO (PKX) as of Q2 2014, up from 140 in Q1 2014.
- Funds reported $1.84B of POSCO stock for Q2 2014, up 15% quarter-over-quarter.
- 23 funds opened new POSCO positions in Q2 2014 and 18 closed out, a net change of +5 holders.
- The largest POSCO buyer in Q2 2014 was Dalal Street, an estimated $71.3M added.
- The largest POSCO seller in Q2 2014 was Dupont Capital Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q2 2014.