Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
64 hedge funds and large institutions have $174M invested in Universal Stainless & Alloy in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
30% more capital invested
Capital invested by funds: $134M → $174M (+$40.3M)
19% more funds holding
Funds holding: 54 → 64 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.86M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.37M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$1.28M |
| 4 |
Renaissance Technologies
New York
|
+$1.26M |
| 5 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$6.52M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$981K |
| 3 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$613K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$567K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$551K |
USAP Hedge Fund Activity: Q1 2018 in Review
64 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q1 2018, worth a combined $174M — up 30% from $134M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new USAP positions and 3 closed out — a net gain of 10 holders — while 16 added to existing stakes and 23 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.86M. The largest seller was Pennant Capital Management, cutting an estimated $6.52M.
- 64 institutional investors held Universal Stainless & Alloy (USAP) as of Q1 2018, up from 54 in Q4 2017.
- Funds reported $174M of Universal Stainless & Alloy stock for Q1 2018, up 30% quarter-over-quarter.
- 13 funds opened new Universal Stainless & Alloy positions in Q1 2018 and 3 closed out, a net change of +10 holders.
- The largest Universal Stainless & Alloy buyer in Q1 2018 was Millennium Management, an estimated $1.86M added.
- The largest Universal Stainless & Alloy seller in Q1 2018 was Pennant Capital Management, an estimated $6.52M sold.
Based on aggregated 13F filings for Q1 2018.