POSCO
136 hedge funds and large institutions have $362M invested in POSCO in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 34 reducing their positions, and 34 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 34
4.62% less ownership
Funds ownership: 17.33% → 12.7% (-4.6%)
10% less funds holding
Funds holding: 151 → 136 (-15)
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
53% less capital invested
Capital invested by funds: $765M → $362M (-$403M)
95% less call options, than puts
Call options by funds: $85K | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$16.4M |
| 2 |
Pzena Investment Management
New York
|
+$4.42M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.84M |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
+$2.56M |
| 5 |
RPSA
Richard P. Slaughter Associates
Austin,
Texas
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$148M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$13.2M |
| 3 |
Morgan Stanley
New York
|
-$13M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.3M |
PKX Hedge Fund Activity: Q1 2020 in Review
136 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2020, worth a combined $362M — down 53% from $765M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PKX and 21 opened new positions — a net loss of 13 holders — while 34 trimmed existing stakes and 46 added.
The largest buyer was UBS Group, adding an estimated $16.4M. The largest seller was Sprucegrove Investment Management, exiting entirely with an estimated $148M sold.
- 136 institutional investors held POSCO (PKX) as of Q1 2020, down from 151 in Q4 2019.
- Funds reported $362M of POSCO stock for Q1 2020, down 53% quarter-over-quarter.
- 21 funds opened new POSCO positions in Q1 2020 and 34 closed out, a net change of -13 holders.
- The largest POSCO buyer in Q1 2020 was UBS Group, an estimated $16.4M added.
- The largest POSCO seller in Q1 2020 was Sprucegrove Investment Management, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2020.