POSCO
163 hedge funds and large institutions have $549M invested in POSCO in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 66 reducing their positions, and 29 closing their positions.
0.8% less ownership
Funds ownership: 9.08% → 8.27% (-0.8%)
7% less funds holding
Funds holding: 176 → 163 (-13)
26% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 66
28% less capital invested
Capital invested by funds: $767M → $549M (-$218M)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
75% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $4.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$7.94M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.57M |
| 3 |
Jane Street
New York
|
+$2.44M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2.44M |
| 5 |
ACM
Altrius Capital Management
New Bern,
North Carolina
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$44M |
| 2 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$37M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$5.54M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.1M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$3.5M |
PKX Hedge Fund Activity: Q1 2024 in Review
163 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in POSCO (PKX) for Q1 2024, worth a combined $549M — down 28% from $767M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of PKX and 17 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 49 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $7.94M. The largest seller was Morgan Stanley, cutting an estimated $44M.
- 163 institutional investors held POSCO (PKX) as of Q1 2024, down from 176 in Q4 2023.
- Funds reported $549M of POSCO stock for Q1 2024, down 28% quarter-over-quarter.
- 17 funds opened new POSCO positions in Q1 2024 and 29 closed out, a net change of -12 holders.
- The largest POSCO buyer in Q1 2024 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $7.94M added.
- The largest POSCO seller in Q1 2024 was Morgan Stanley, an estimated $44M sold.
Based on aggregated 13F filings for Q1 2024.