Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
115 hedge funds and large institutions have $249M invested in Universal Stainless & Alloy in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 12 closing their positions.
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more call options, than puts
Call options by funds: $919K | Put options by funds: $526K
54% more capital invested
Capital invested by funds: $162M → $249M (+$86.9M)
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
17% more funds holding
Funds holding: 98 → 115 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$9.39M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.74M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.27M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$1.9M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$3.2M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.09M |
| 4 |
DM
Deerfield Management
New York
|
-$1.65M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.38M |
USAP Hedge Fund Activity: Q3 2024 in Review
115 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q3 2024, worth a combined $249M — up 54% from $162M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new USAP positions and 12 closed out — a net gain of 17 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was Next Century Growth Investors, adding an estimated $9.39M. The largest seller was Minerva Advisors, cutting an estimated $3.2M.
- 115 institutional investors held Universal Stainless & Alloy (USAP) as of Q3 2024, up from 98 in Q2 2024.
- Funds reported $249M of Universal Stainless & Alloy stock for Q3 2024, up 54% quarter-over-quarter.
- 29 funds opened new Universal Stainless & Alloy positions in Q3 2024 and 12 closed out, a net change of +17 holders.
- The largest Universal Stainless & Alloy buyer in Q3 2024 was Next Century Growth Investors, an estimated $9.39M added.
- The largest Universal Stainless & Alloy seller in Q3 2024 was Minerva Advisors, an estimated $3.2M sold.
Based on aggregated 13F filings for Q3 2024.