Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
57 hedge funds and large institutions have $71.8M invested in Universal Stainless & Alloy in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
16% more funds holding
Funds holding: 49 → 57 (+8)
3% less capital invested
Capital invested by funds: $74.3M → $71.8M (-$2.53M)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.23M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$729K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$558K |
| 4 |
Renaissance Technologies
New York
|
+$431K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$717K |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$694K |
| 3 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$419K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$318K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | +$8.87K | +631 | +373% |
|
52
EARNEST Partners
Atlanta,
Georgia
| $6.55K | – | – | – |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
54
RhumbLine Advisers
Boston,
Massachusetts
| $4.44K | – | – | – |
|
55
Fidelity Investments
Boston,
Massachusetts
| $1.98K | -$183 | -13 | -8% |
|
56
Wells Fargo
San Francisco,
California
| $800 | -$56 | -4 | -6% |
|
57
Federated Hermes
Pittsburgh,
Pennsylvania
| $590 | +$632 | +45 | New |
|
|
C
58
Covestor
London,
United Kingdom
| – | -$58K | -4,154 | Closed |
|
59
Simplex Trading
Chicago,
Illinois
| – | -$1K | -93 | Closed |
|
USAP Hedge Fund Activity: Q3 2023 in Review
57 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q3 2023, worth a combined $71.8M — down 3.4% from $74.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new USAP positions and 2 closed out — a net gain of 8 holders — while 19 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.23M. The largest seller was Royce & Associates, cutting an estimated $717K.
- 57 institutional investors held Universal Stainless & Alloy (USAP) as of Q3 2023, up from 49 in Q2 2023.
- Funds reported $71.8M of Universal Stainless & Alloy stock for Q3 2023, down 3.4% quarter-over-quarter.
- 10 funds opened new Universal Stainless & Alloy positions in Q3 2023 and 2 closed out, a net change of +8 holders.
- The largest Universal Stainless & Alloy buyer in Q3 2023 was Morgan Stanley, an estimated $1.23M added.
- The largest Universal Stainless & Alloy seller in Q3 2023 was Royce & Associates, an estimated $717K sold.
Based on aggregated 13F filings for Q3 2023.