POSCO
137 hedge funds and large institutions have $1.17B invested in POSCO in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 58 increasing their positions, 33 reducing their positions, and 27 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
2.13% more ownership
Funds ownership: 25.29% → 27.42% (+2.1%)
6% less funds holding
Funds holding: 145 → 137 (-8)
7% less capital invested
Capital invested by funds: $1.27B → $1.17B (-$91.9M)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
94% less call options, than puts
Call options by funds: $3.31M | Put options by funds: $51.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTP
Global Thematic Partners
New York
|
+$53.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$35.6M |
| 3 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$15M |
| 4 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$10.5M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$8.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$18.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.5M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$9.97M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$7.66M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.21M |
PKX Hedge Fund Activity: Q2 2015 in Review
137 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q2 2015, worth a combined $1.17B — down 7.3% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PKX and 20 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 58 added.
The largest buyer was Global Thematic Partners, opening a new position worth an estimated $53.9M. The largest seller was Dupont Capital Management, cutting an estimated $18.7M.
- 137 institutional investors held POSCO (PKX) as of Q2 2015, down from 145 in Q1 2015.
- Funds reported $1.17B of POSCO stock for Q2 2015, down 7.3% quarter-over-quarter.
- 20 funds opened new POSCO positions in Q2 2015 and 27 closed out, a net change of -7 holders.
- The largest POSCO buyer in Q2 2015 was Global Thematic Partners, an estimated $53.9M added.
- The largest POSCO seller in Q2 2015 was Dupont Capital Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q2 2015.