Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
67 hedge funds and large institutions have $232M invested in Universal Stainless & Alloy in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 70 → 67 (-3)
6% less capital invested
Capital invested by funds: $247M → $232M (-$14.8M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$3.86M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.85M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$450K |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.56M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.2M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
-$1.79M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.22M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$605K |
USAP Hedge Fund Activity: Q1 2014 in Review
67 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q1 2014, worth a combined $232M — down 6% from $247M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of USAP and 2 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 24 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $3.86M. The largest seller was Ameriprise, cutting an estimated $2.56M.
- 67 institutional investors held Universal Stainless & Alloy (USAP) as of Q1 2014, down from 70 in Q4 2013.
- Funds reported $232M of Universal Stainless & Alloy stock for Q1 2014, down 6% quarter-over-quarter.
- 2 funds opened new Universal Stainless & Alloy positions in Q1 2014 and 5 closed out, a net change of -3 holders.
- The largest Universal Stainless & Alloy buyer in Q1 2014 was Rutabaga Capital Management, an estimated $3.86M added.
- The largest Universal Stainless & Alloy seller in Q1 2014 was Ameriprise, an estimated $2.56M sold.
Based on aggregated 13F filings for Q1 2014.