POSCO
170 hedge funds and large institutions have $1.21B invested in POSCO in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 57 increasing their positions, 47 reducing their positions, and 30 closing their positions.
47% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 30
27% more capital invested
Capital invested by funds: $947M → $1.21B (+$258M)
21% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 47
7% more funds holding
Funds holding: 159 → 170 (+11)
0.8% more ownership
Funds ownership: 20.63% → 21.42% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
49% less call options, than puts
Call options by funds: $6.01M | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$70.1M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$19.7M |
| 3 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$13.5M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$12.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
-$15M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$10.5M |
| 3 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$10.3M |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$9.33M |
| 5 |
JP Morgan Chase
New York
|
-$7.78M |
PKX Hedge Fund Activity: Q1 2017 in Review
170 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2017, worth a combined $1.21B — up 27% from $947M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PKX positions and 30 closed out — a net gain of 14 holders — while 57 added to existing stakes and 47 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $70.1M. The largest seller was Schwerin Boyle Capital Management, cutting an estimated $15M.
- 170 institutional investors held POSCO (PKX) as of Q1 2017, up from 159 in Q4 2016.
- Funds reported $1.21B of POSCO stock for Q1 2017, up 27% quarter-over-quarter.
- 44 funds opened new POSCO positions in Q1 2017 and 30 closed out, a net change of +14 holders.
- The largest POSCO buyer in Q1 2017 was Arrowstreet Capital, an estimated $70.1M added.
- The largest POSCO seller in Q1 2017 was Schwerin Boyle Capital Management, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2017.