POSCO
156 hedge funds and large institutions have $945M invested in POSCO in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 40 increasing their positions, 52 reducing their positions, and 17 closing their positions.
124% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more funds holding
Funds holding: 135 → 156 (+21)
0.21% more ownership
Funds ownership: 24.15% → 24.36% (+0.21%)
4% less capital invested
Capital invested by funds: $981M → $945M (-$35.6M)
23% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 52
86% less call options, than puts
Call options by funds: $3.14M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$52.5M |
| 2 |
Millennium Management
New York
|
+$17.1M |
| 3 |
Morgan Stanley
New York
|
+$10.9M |
| 4 |
JP Morgan Chase
New York
|
+$10.7M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
-$42.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$30.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.9M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$8.66M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$8.12M |
PKX Hedge Fund Activity: Q2 2016 in Review
156 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q2 2016, worth a combined $945M — down 3.6% from $981M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PKX positions and 17 closed out — a net gain of 21 holders — while 40 added to existing stakes and 52 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $52.5M. The largest seller was Kiltearn Partners, cutting an estimated $42.3M.
- 156 institutional investors held POSCO (PKX) as of Q2 2016, up from 135 in Q1 2016.
- Funds reported $945M of POSCO stock for Q2 2016, down 3.6% quarter-over-quarter.
- 38 funds opened new POSCO positions in Q2 2016 and 17 closed out, a net change of +21 holders.
- The largest POSCO buyer in Q2 2016 was Arrowstreet Capital, an estimated $52.5M added.
- The largest POSCO seller in Q2 2016 was Kiltearn Partners, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2016.