Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
78 hedge funds and large institutions have $136M invested in Universal Stainless & Alloy in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 10 closing their positions.
8,900% more call options, than puts
Call options by funds: $540K | Put options by funds: $6K
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
17% more capital invested
Capital invested by funds: $117M → $136M (+$19.6M)
13% more funds holding
Funds holding: 69 → 78 (+9)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$3.93M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.71M |
| 3 |
Millennium Management
New York
|
+$3.59M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.79M |
| 5 |
Two Sigma Investments
New York
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$9.25M |
| 2 |
Morgan Stanley
New York
|
-$3.55M |
| 3 |
RA
Royce & Associates
New York
|
-$2.48M |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
-$1.2M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| $1.68K | +$222 | +11 | +17% |
|
77
Fidelity Investments
Boston,
Massachusetts
| $298 | -$404 | -20 | -61% |
|
78
Macquarie Group
Sydney, NSW 2000,
Australia
| $6 | +$5.22K | +258 | New |
|
|
AF
79
Aegis Financial
Mc Lean,
Virginia
| – | -$9.25M | -460,575 | Closed |
|
|
80
HighTower Advisors
Chicago,
Illinois
| – | -$1.12M | -56,467 | Closed |
|
|
CM
81
CM Management
Gulf Breeze,
Florida
| – | -$683K | -34,000 | Closed |
|
|
AA
82
Ancora Advisors
Cleveland,
Ohio
| – | -$664K | -33,045 | Closed |
|
|
6CM
83
683 Capital Management
New York
| – | -$288K | -14,350 | Closed |
|
|
ECM
84
ExodusPoint Capital Management
New York
| – | -$212K | -10,560 | Closed |
|
85
Balyasny Asset Management
Chicago,
Illinois
| – | -$203K | -10,103 | Closed |
|
86
Victory Capital Management
San Antonio,
Texas
| – | -$162K | -8,056 | Closed |
|
|
A
87
AJOVista
Boston,
Massachusetts
| – | -$38.3K | -1,907 | Closed |
|
88
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$16K | -800 | Closed |
|
USAP Hedge Fund Activity: Q1 2024 in Review
78 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q1 2024, worth a combined $136M — up 17% from $117M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new USAP positions and 10 closed out — a net gain of 9 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $3.93M. The largest seller was Aegis Financial, exiting entirely with an estimated $9.25M sold.
- 78 institutional investors held Universal Stainless & Alloy (USAP) as of Q1 2024, up from 69 in Q4 2023.
- Funds reported $136M of Universal Stainless & Alloy stock for Q1 2024, up 17% quarter-over-quarter.
- 19 funds opened new Universal Stainless & Alloy positions in Q1 2024 and 10 closed out, a net change of +9 holders.
- The largest Universal Stainless & Alloy buyer in Q1 2024 was Hillsdale Investment Management, an estimated $3.93M added.
- The largest Universal Stainless & Alloy seller in Q1 2024 was Aegis Financial, an estimated $9.25M sold.
Based on aggregated 13F filings for Q1 2024.