Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
39 hedge funds and large institutions have $51.3M invested in Universal Stainless & Alloy in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
58% more capital invested
Capital invested by funds: $32.5M → $51.3M (+$18.7M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
5% more funds holding
Funds holding: 37 → 39 (+2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Praetorian Capital Management
Coral Gables,
Florida
|
+$535K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$226K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$179K |
| 4 |
Renaissance Technologies
New York
|
+$156K |
| 5 |
AF
Aegis Financial
Mc Lean,
Virginia
|
+$45.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$292K |
| 2 |
RA
Royce & Associates
New York
|
-$176K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$161K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$126K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$118K |
USAP Hedge Fund Activity: Q1 2023 in Review
39 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q1 2023, worth a combined $51.3M — up 58% from $32.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new USAP positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Praetorian Capital Management, adding an estimated $535K. The largest seller was Russell Investments Group, cutting an estimated $292K.
- 39 institutional investors held Universal Stainless & Alloy (USAP) as of Q1 2023, up from 37 in Q4 2022.
- Funds reported $51.3M of Universal Stainless & Alloy stock for Q1 2023, up 58% quarter-over-quarter.
- 5 funds opened new Universal Stainless & Alloy positions in Q1 2023 and 3 closed out, a net change of +2 holders.
- The largest Universal Stainless & Alloy buyer in Q1 2023 was Praetorian Capital Management, an estimated $535K added.
- The largest Universal Stainless & Alloy seller in Q1 2023 was Russell Investments Group, an estimated $292K sold.
Based on aggregated 13F filings for Q1 2023.