Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
46 hedge funds and large institutions have $49.6M invested in Universal Stainless & Alloy in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 7 closing their positions.
8% less funds holding
Funds holding: 50 → 46 (-4)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
49% less capital invested
Capital invested by funds: $97.8M → $49.6M (-$48.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
+$1.89M |
| 2 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$1.07M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$650K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$396K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$370K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.28M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.06M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$818K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$818K |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$694K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$32K | -2,149 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$25K | -1,699 | Closed |
|
USAP Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q1 2020, worth a combined $49.6M — down 49% from $97.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of USAP and 4 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 13 added.
The largest buyer was 22NW LP, opening a new position worth an estimated $1.89M. The largest seller was Invenomic Capital Management, cutting an estimated $1.28M.
- 46 institutional investors held Universal Stainless & Alloy (USAP) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $49.6M of Universal Stainless & Alloy stock for Q1 2020, down 49% quarter-over-quarter.
- 4 funds opened new Universal Stainless & Alloy positions in Q1 2020 and 7 closed out, a net change of -3 holders.
- The largest Universal Stainless & Alloy buyer in Q1 2020 was 22NW LP, an estimated $1.89M added.
- The largest Universal Stainless & Alloy seller in Q1 2020 was Invenomic Capital Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2020.