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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
Susquehanna International Group
51
Susquehanna International Group
Pennsylvania
$1.15M +$1.13M +26,174 New
WIC
52
Water Island Capital
New York
$1.15M +$1.13M +26,054 New
Marshall Wace
53
Marshall Wace
United Kingdom
$1.04M -$381K -8,820 -27%
GCIA
54
Gabelli & Co Investment Advisers
New York
$1.02M +$1M +23,150 New
Barclays
55
Barclays
United Kingdom
$859K +$335K +7,743 +66%
DC
56
Diametric Capital
Massachusetts
$834K +$820K +18,952 New
PAM
57
Panagora Asset Management
Massachusetts
$834K -$1.14M -26,452 -58%
Balyasny Asset Management
58
Balyasny Asset Management
Illinois
$720K +$707K +16,344 New
LPL Financial
59
LPL Financial
California
$708K -$242K -5,592 -26%
PCM
60
PenderFund Capital Management
British Columbia, Canada
$688K +$471K +10,900 New
Jane Street
61
Jane Street
New York
$669K +$287K +6,632 +77%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$660K +$69.2K +1,600 +12%
Wealth Enhancement Advisory Services
63
Wealth Enhancement Advisory Services
Minnesota
$636K -$546K -12,622 -47%
Skandinaviska Enskilda Banken (SEB)
64
Skandinaviska Enskilda Banken (SEB)
Sweden
$626K +$617K +14,264 New
Royal Bank of Canada
65
Royal Bank of Canada
Ontario, Canada
$608K -$140K -3,227 -19%
WAM
66
Wolverine Asset Management
Illinois
$603K +$592K +13,685 New
SO
67
STRS Ohio
Ohio
$564K +$493K +11,400 +814%
CL
68
CSS LLC
Illinois
$538K +$528K +12,209 New
Bank of America
69
Bank of America
North Carolina
$530K +$32.7K +756 +7%
HF
70
HRT Financial
New York
$522K +$513K +11,870 New
Citadel Advisors
71
Citadel Advisors
Florida
$481K -$962K -22,253 -67%
PWS
72
Precision Wealth Strategies
Missouri
$457K +$449K +10,371 New
NYLIM
73
New York Life Investment Management
New York
$438K +$430K +9,943 New
AA
74
ALPS Advisors
Colorado
$427K
First Manhattan
75
First Manhattan
New York
$363K -$19.5K -450 -5%

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.