Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
98 hedge funds and large institutions have $162M invested in Universal Stainless & Alloy in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 14 closing their positions.
150% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 14
26% more funds holding
Funds holding: 78 → 98 (+20)
18% more capital invested
Capital invested by funds: $136M → $162M (+$25.2M)
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
88% less call options, than puts
Call options by funds: $13K | Put options by funds: $106K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$8.65M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.41M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.63M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.9M |
| 2 |
PP
Praetorian PR
Rincon,
Puerto Rico
|
-$8.39M |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$7.32M |
| 4 |
RA
Royce & Associates
New York
|
-$4.35M |
| 5 |
Millennium Management
New York
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIM
101
Wittenberg Investment Management
Carlisle,
Massachusetts
| – | -$1.89M | -84,111 | Closed |
|
|
BGIM
102
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$993K | -44,288 | Closed |
|
|
QC
103
Quadrature Capital
London,
United Kingdom
| – | -$925K | -41,354 | Closed |
|
104
Man Group
London,
United Kingdom
| – | -$880K | -39,231 | Closed |
|
105
Walleye Capital
New York
| – | -$866K | -38,639 | Closed |
|
|
PTC
106
Petrus Trust Company
Dallas,
Texas
| – | -$337K | -15,040 | Closed |
|
|
SSA
107
Schonfeld Strategic Advisors
New York
| – | -$310K | -13,819 | Closed |
|
|
CSS
108
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$276K | -12,291 | Closed |
|
109
Boston Partners
Boston,
Massachusetts
| – | -$238K | -10,608 | Closed |
|
|
PAS
110
Point72 Asia (Singapore)
Singapore
| – | -$202K | -9,010 | Closed |
|
|
NA
111
NewEdge Advisors
New Orleans,
Louisiana
| – | -$11.1K | -493 | Closed |
|
112
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$6 | -258 | Closed |
|
USAP Hedge Fund Activity: Q2 2024 in Review
98 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q2 2024, worth a combined $162M — up 18% from $136M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new USAP positions and 14 closed out — a net gain of 21 holders — while 30 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was Ameriprise, exiting entirely with an estimated $8.9M sold.
- 98 institutional investors held Universal Stainless & Alloy (USAP) as of Q2 2024, up from 78 in Q1 2024.
- Funds reported $162M of Universal Stainless & Alloy stock for Q2 2024, up 18% quarter-over-quarter.
- 35 funds opened new Universal Stainless & Alloy positions in Q2 2024 and 14 closed out, a net change of +21 holders.
- The largest Universal Stainless & Alloy buyer in Q2 2024 was BlackRock, an estimated $13M added.
- The largest Universal Stainless & Alloy seller in Q2 2024 was Ameriprise, an estimated $8.9M sold.
Based on aggregated 13F filings for Q2 2024.