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178 hedge funds and large institutions have $942M invested in POSCO in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $3.42M | Put options by funds: $2.31M

0.1% less ownership

Funds ownership: 19.71%19.61% (-0.1%)

5% less funds holding

Funds holding: 187178 (-9)

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

17% less capital invested

Capital invested by funds: $1.13B → $942M (-$192M)

24% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 34

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
178
Holders Change
-9
Holders Change %
-4.81%
% of All Funds
3.97%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
26
Increased
58
Reduced
65
Closed
34
Calls
$3.42M
Puts
$2.31M
Net Calls
+$1.11M
Net Calls Change
-$480K
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
1
Sprucegrove Investment Management
Ontario, Canada
$165M +$2.95M +51,500 +2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$159M -$2.46M -42,885 -1%
Arrowstreet Capital
3
Arrowstreet Capital
Massachusetts
$62.5M +$2.08M +36,324 +3%
Morgan Stanley
4
Morgan Stanley
New York
$42.6M +$7.14M +124,476 +19%
Charles Schwab
5
Charles Schwab
California
$38.5M +$25.6M +445,885 +175%
Northern Trust
6
Northern Trust
Illinois
$38.2M -$392K -6,841 -1%
Vanguard Group
7
Vanguard Group
Pennsylvania
$34.9M +$903K +15,745 +3%
State Street
8
State Street
Massachusetts
$31.5M +$1.48M +25,789 +5%
Bank of America
9
Bank of America
North Carolina
$28.5M +$12.4M +216,243 +71%
BlackRock
10
BlackRock
New York
$26M -$5.6M -97,661 -17%
CCM
11
Causeway Capital Management
California
$20.4M -$1.07M -18,618 -5%
PPA
12
Parametric Portfolio Associates
Washington
$20.1M +$1.12M +19,605 +6%
RI
13
RWWM Inc
California
$18.7M +$5.21M +90,778 +36%
BIP
14
Brandes Investment Partners
California
$15.7M +$1.15M +20,099 +8%
AG
15
Aperio Group
California
$15M -$781K -13,622 -5%
LP
16
LMR Partners
United Kingdom
$14.3M -$17.9M -312,052 -54%
Goldman Sachs
17
Goldman Sachs
New York
$10.8M -$2.39M -41,613 -17%
FFH
18
Fairfax Financial Holdings
Ontario, Canada
$10.4M
CAM
19
ClariVest Asset Management
California
$10.2M -$40.2K -700 -0.4%
HSBC Holdings
20
HSBC Holdings
United Kingdom
$8.89M -$335K -5,833 -3%
Pzena Investment Management
21
Pzena Investment Management
New York
$8.61M +$279K +4,861 +3%
Two Sigma Investments
22
Two Sigma Investments
New York
$7.9M +$3.39M +59,119 +70%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$7.64M -$7.86K -137 -0.1%
FDCDDQ
24
Federation des caisses Desjardins du Quebec
Quebec, Canada
$7.51M +$64.5K +1,124 +0.8%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$7.05M +$6.75M +117,626 +1,098%

PKX Hedge Fund Activity: Q4 2018 in Review

178 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q4 2018, worth a combined $942M — down 17% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of PKX and 26 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 58 added.

The largest buyer was Charles Schwab, adding an estimated $25.6M. The largest seller was LMR Partners, cutting an estimated $17.9M.

  • 178 institutional investors held POSCO (PKX) as of Q4 2018, down from 187 in Q3 2018.
  • Funds reported $942M of POSCO stock for Q4 2018, down 17% quarter-over-quarter.
  • 26 funds opened new POSCO positions in Q4 2018 and 34 closed out, a net change of -8 holders.
  • The largest POSCO buyer in Q4 2018 was Charles Schwab, an estimated $25.6M added.
  • The largest POSCO seller in Q4 2018 was LMR Partners, an estimated $17.9M sold.

Based on aggregated 13F filings for Q4 2018.