POSCO
135 hedge funds and large institutions have $981M invested in POSCO in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
52% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 33
29% more capital invested
Capital invested by funds: $759M → $981M (+$222M)
10% more funds holding
Funds holding: 123 → 135 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.47% less ownership
Funds ownership: 24.63% → 24.15% (-0.47%)
78% less call options, than puts
Call options by funds: $6.23M | Put options by funds: $28.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.1M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
+$15.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$11.9M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$7.26M |
| 5 |
Millennium Management
New York
|
+$6.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$25.8M |
| 2 |
TAM
Third Avenue Management
New York
|
-$23M |
| 3 |
JP Morgan Chase
New York
|
-$15.2M |
| 4 |
Two Sigma Investments
New York
|
-$6.84M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$6.55M |
PKX Hedge Fund Activity: Q1 2016 in Review
135 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2016, worth a combined $981M — up 29% from $759M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PKX positions and 17 closed out — a net gain of 12 holders — while 50 added to existing stakes and 33 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $16.1M. The largest seller was Arrowstreet Capital, cutting an estimated $25.8M.
- 135 institutional investors held POSCO (PKX) as of Q1 2016, up from 123 in Q4 2015.
- Funds reported $981M of POSCO stock for Q1 2016, up 29% quarter-over-quarter.
- 29 funds opened new POSCO positions in Q1 2016 and 17 closed out, a net change of +12 holders.
- The largest POSCO buyer in Q1 2016 was Susquehanna International Group, an estimated $16.1M added.
- The largest POSCO seller in Q1 2016 was Arrowstreet Capital, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2016.