Universal Stainless & Alloy
USAP
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.
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: 115 → 132 (+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: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$26.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$16.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$14.2M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$10M |
| 5 |
Squarepoint
New York
|
+$9.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$21.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.89M |
| 4 |
Morgan Stanley
New York
|
-$6.38M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$6.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
151
Centiva Capital
New York
| – | -$333K | -8,630 | Closed |
|
|
EC
152
EntryPoint Capital
New York
| – | -$329K | -8,520 | Closed |
|
153
Wolverine Trading
Chicago,
Illinois
| – | -$340K | -7,872 | Closed |
|
154
AQR Capital Management
Greenwich,
Connecticut
| – | -$252K | -6,517 | Closed |
|
155
Verition Fund Management
Greenwich,
Connecticut
| – | -$243K | -6,300 | Closed |
|
|
SCM
156
Semanteon Capital Management
Newton,
Massachusetts
| – | -$207K | -5,350 | Closed |
|
|
EIM
157
Essex Investment Management
Boston,
Massachusetts
| – | -$200K | -5,184 | Closed |
|
|
SPIA
158
Steward Partners Investment Advisory
New York
| – | -$112K | -2,900 | Closed |
|
|
MA
159
MCF Advisors
Covington,
Kentucky
| – | -$24.8K | -641 | Closed |
|
|
NC
160
nVerses Capital
Wellington,
Florida
| – | -$19.3K | -500 | Closed |
|
161
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$10.9K | -281 | Closed |
|
|
TFA
162
Toth Financial Advisory
Leesburg,
Virginia
| – | -$1.55K | -40 | Closed |
|
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.