POSCO
172 hedge funds and large institutions have $880M invested in POSCO in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 51 reducing their positions, and 28 closing their positions.
59% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.32M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 51
1.37% less ownership
Funds ownership: 19.61% → 18.24% (-1.4%)
3% less funds holding
Funds holding: 178 → 172 (-6)
7% less capital invested
Capital invested by funds: $942M → $880M (-$62.4M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.7M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$7.24M |
| 3 |
EIP
Edgbaston Investment Partners
|
+$5.57M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$5.13M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$5.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$23.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21.1M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$12.4M |
| 4 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
-$10.4M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$7.89M |
PKX Hedge Fund Activity: Q1 2019 in Review
172 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2019, worth a combined $880M — down 6.6% from $942M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PKX and 23 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 61 added.
The largest buyer was BlackRock, adding an estimated $17.7M. The largest seller was Charles Schwab, cutting an estimated $23.9M.
- 172 institutional investors held POSCO (PKX) as of Q1 2019, down from 178 in Q4 2018.
- Funds reported $880M of POSCO stock for Q1 2019, down 6.6% quarter-over-quarter.
- 23 funds opened new POSCO positions in Q1 2019 and 28 closed out, a net change of -5 holders.
- The largest POSCO buyer in Q1 2019 was BlackRock, an estimated $17.7M added.
- The largest POSCO seller in Q1 2019 was Charles Schwab, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2019.