Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
75 hedge funds and large institutions have $126M invested in Universal Stainless & Alloy in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 15 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 84 → 75 (-9)
36% less capital invested
Capital invested by funds: $198M → $126M (-$72.1M)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$3.84M |
| 2 |
BlackRock
New York
|
+$1.98M |
| 3 |
RA
Royce & Associates
New York
|
+$1.54M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$854K |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.2M |
| 2 |
Millennium Management
New York
|
-$1.49M |
| 3 |
Renaissance Technologies
New York
|
-$1.46M |
| 4 |
Two Sigma Investments
New York
|
-$952K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$885K |
USAP Hedge Fund Activity: Q4 2018 in Review
75 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q4 2018, worth a combined $126M — down 36% from $198M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of USAP and 6 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 32 added.
The largest buyer was Russell Investments Group, adding an estimated $3.84M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $2.2M sold.
- 75 institutional investors held Universal Stainless & Alloy (USAP) as of Q4 2018, down from 84 in Q3 2018.
- Funds reported $126M of Universal Stainless & Alloy stock for Q4 2018, down 36% quarter-over-quarter.
- 6 funds opened new Universal Stainless & Alloy positions in Q4 2018 and 15 closed out, a net change of -9 holders.
- The largest Universal Stainless & Alloy buyer in Q4 2018 was Russell Investments Group, an estimated $3.84M added.
- The largest Universal Stainless & Alloy seller in Q4 2018 was Intrinsic Edge Capital Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2018.