POSCO
159 hedge funds and large institutions have $947M invested in POSCO in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 45 increasing their positions, 58 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
6% more funds holding
Funds holding: 150 → 159 (+9)
3% less capital invested
Capital invested by funds: $973M → $947M (-$25.7M)
1.23% less ownership
Funds ownership: 21.85% → 20.63% (-1.2%)
22% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 58
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
79% less call options, than puts
Call options by funds: $3.39M | Put options by funds: $16.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$60.3M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$26.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$9.04M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$6.85M |
| 5 |
BlackRock
New York
|
+$6.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$65.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$13.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.7M |
| 4 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$12.5M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$11.3M |
PKX Hedge Fund Activity: Q4 2016 in Review
159 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q4 2016, worth a combined $947M — down 2.6% from $973M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PKX positions and 22 closed out — a net gain of 13 holders — while 45 added to existing stakes and 58 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $60.3M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $65.3M sold.
- 159 institutional investors held POSCO (PKX) as of Q4 2016, up from 150 in Q3 2016.
- Funds reported $947M of POSCO stock for Q4 2016, down 2.6% quarter-over-quarter.
- 35 funds opened new POSCO positions in Q4 2016 and 22 closed out, a net change of +13 holders.
- The largest POSCO buyer in Q4 2016 was Allianz Asset Management, an estimated $60.3M added.
- The largest POSCO seller in Q4 2016 was Arrowstreet Capital, an estimated $65.3M sold.
Based on aggregated 13F filings for Q4 2016.