Universal Stainless & Alloy
USAP
USAP was delisted on the 22nd of January, 2025.
69 hedge funds and large institutions have $113M invested in Universal Stainless & Alloy in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
58% more capital invested
Capital invested by funds: $71.8M → $113M (+$41.6M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
21% more funds holding
Funds holding: 57 → 69 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$803K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$712K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$568K |
| 4 |
Millennium Management
New York
|
+$534K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.7M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$784K |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$686K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$451K |
| 5 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$397K |
USAP Hedge Fund Activity: Q4 2023 in Review
69 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Universal Stainless & Alloy (USAP) for Q4 2023, worth a combined $113M — up 58% from $71.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new USAP positions and 3 closed out — a net gain of 12 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $803K. The largest seller was Royce & Associates, cutting an estimated $1.7M.
- 69 institutional investors held Universal Stainless & Alloy (USAP) as of Q4 2023, up from 57 in Q3 2023.
- Funds reported $113M of Universal Stainless & Alloy stock for Q4 2023, up 58% quarter-over-quarter.
- 15 funds opened new Universal Stainless & Alloy positions in Q4 2023 and 3 closed out, a net change of +12 holders.
- The largest Universal Stainless & Alloy buyer in Q4 2023 was Morgan Stanley, an estimated $803K added.
- The largest Universal Stainless & Alloy seller in Q4 2023 was Royce & Associates, an estimated $1.7M sold.
Based on aggregated 13F filings for Q4 2023.