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USAP

Universal Stainless & Alloy

Delisted

USAP was delisted on the 22nd of January, 2025.

132 hedge funds and large institutions have $327M invested in Universal Stainless & Alloy in 2024 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,775% more call options, than puts

Call options by funds: $7.96M | Put options by funds: $277K

63% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 30

32% more capital invested

Capital invested by funds: $249M → $327M (+$78.6M)

15% more funds holding

Funds holding: 115132 (+17)

11% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 36

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
132
Holders Change
+17
Holders Change %
+14.78%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
49
Increased
32
Reduced
36
Closed
30
Calls
$7.96M
Puts
$277K
Net Calls
+$7.69M
Net Calls Change
+$7.29M
Name Holding Trade Value Shares
Change
Change in
Stake
AA
26
ABC Arbitrage
France
$3.38M +$3.32M +76,751 New
GF
27
Gabelli Funds
New York
$3.12M +$3.06M +70,800 New
CM
28
Capula Management
Cayman Islands
$2.99M +$2.94M +67,899 New
SC
29
Sagefield Capital
Texas
$2.81M +$2.76M +63,800 New
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$2.3M -$237K -5,474 -9%
Morgan Stanley
31
Morgan Stanley
New York
$2.2M -$6.38M -147,448 -75%
D.E. Shaw & Co
32
D.E. Shaw & Co
New York
$2.09M +$2.06M +47,555 New
State of Wisconsin Investment Board
33
State of Wisconsin Investment Board
Wisconsin
$2.05M +$2.02M +46,649 New
BFM
34
Boothbay Fund Management
New York
$2.03M +$2M +46,149 New
JP Morgan Chase
35
JP Morgan Chase
New York
$1.98M -$558K -12,912 -22%
Goldman Sachs
36
Goldman Sachs
New York
$1.95M +$177K +4,088 +10%
Two Sigma Advisers
37
Two Sigma Advisers
New York
$1.88M -$2.41M -55,700 -57%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$1.78M +$884K +20,434 +102%
UBS Group
39
UBS Group
Switzerland
$1.68M -$89.5K -2,070 -5%
BCM
40
BCK Capital Management
Connecticut
$1.41M +$1.38M +32,000 New
OAM
41
Oxford Asset Management
United Kingdom
$1.37M +$1.34M +31,089 New
N
42
Nuveen
North Carolina
$1.35M
MTCM
43
Mint Tower Capital Management
Netherlands
$1.32M +$1.3M +30,000 New
Invesco
44
Invesco
Georgia
$1.28M -$6.89M -159,319 -85%
PLC
45
Peapod Lane Capital
New York
$1.27M +$1.25M +28,792 New
SIM
46
SummerHaven Investment Management
Connecticut
$1.24M
VanEck Associates
47
VanEck Associates
New York
$1.23M +$64.7K +1,497 +6%
First Trust Advisors
48
First Trust Advisors
Illinois
$1.22M -$124K -2,873 -9%
CSS
49
Cubist Systematic Strategies
Connecticut
$1.18M -$529K -12,242 -31%
Charles Schwab
50
Charles Schwab
California
$1.17M -$1.16M -26,918 -50%

USAP Hedge Fund Activity: Q4 2024 in Review

132 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q4 2024, worth a combined $327M — up 32% from $249M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new USAP positions and 30 closed out — a net gain of 19 holders — while 32 added to existing stakes and 36 trimmed.

The largest buyer was Magnetar Financial, opening a new position worth an estimated $26.7M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $21.5M sold.

  • 132 institutional investors held Universal Stainless & Alloy (USAP) as of Q4 2024, up from 115 in Q3 2024.
  • Funds reported $327M of Universal Stainless & Alloy stock for Q4 2024, up 32% quarter-over-quarter.
  • 49 funds opened new Universal Stainless & Alloy positions in Q4 2024 and 30 closed out, a net change of +19 holders.
  • The largest Universal Stainless & Alloy buyer in Q4 2024 was Magnetar Financial, an estimated $26.7M added.
  • The largest Universal Stainless & Alloy seller in Q4 2024 was Next Century Growth Investors, an estimated $21.5M sold.

Based on aggregated 13F filings for Q4 2024.