undamentalytics Newsletter

Algoma Steel Group Inc.: which funds bought and sold

Institutions that bought and sold Algoma Steel Group shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 42 institutions that filed 13F reports for both quarters added to or opened positions in Algoma Steel Group, and 51 cut or closed them. Together they added a net 148K shares, +0.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 3.0M shares (+14.4%); index fund managers were net sellers of 129K shares (−2.7%). 12 opened a new position and 15 sold out entirely.

Bought, Q2 2026 42 institutions, 12 of them new holders Sold, Q2 2026 51 institutions, 15 of them sold out
Net change, all compared +148K shares (+0.2%)
Net change, active managers +3.0M shares (+14.4%), 13 bought, 12 sold

Buyers versus sellers

institutions compared, 110
Active managers and hedge funds 13 bought · 12 sold · +3.0M
Index fund managers 2 bought · 1 sold · −129K
Other institutions 27 bought · 38 sold · −2.7M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Brightline Capital Management, LLC +1.7M New position 1.7M $6.7M
Morgan Stanley +1.5M +99.4% 3.0M $12M
Mackenzie Financial Corp +1.2M +1246.3% 1.3M $5M
Maple Rock Capital Partners Inc. Hedge fund +931K +5.8% 16.9M $68.3M
Two Sigma Investments, LP Hedge fund +772K +286.0% 1.0M $4.2M
Scheer, Rowlett & Associates Investment Management Ltd. +639K +19.9% 3.8M $15.7M
Jpmorgan Chase & Co +579K +251.0% 810K $3.2M
Citadel Advisors LLC Hedge fund +578K +216.0% 846K $3.4M
Point72 Asset Management, L.P. Hedge fund +501K +678.2% 575K $2.3M
Marshall Wace, LLP Hedge fund +499K New position 499K $2M
Acadian Asset Management LLC Active manager +473K +3198.6% 488K $2M
D. E. Shaw & Co., Inc. Hedge fund +400K +147.8% 670K $2.7M
BNP Paribas Financial Markets +353K +540.1% 419K $1.7M
Jump Financial, LLC +290K New position 290K $1.2M
Voleon Capital Management LP Hedge fund +176K +134.7% 307K $1.2M
Barclays PLC +137K +80.1% 309K $1.3M
Cdc Financial, Inc. +132K +8.2% 1.7M $7.1M
Bank Of America Corp +54K +86.3% 116K $470,780
Campbell & Co Investment Adviser LLC +41K New position 41K $166,248
Lavaca Capital LLC +36K New position 36K $144,069

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Littlejohn & Co LLC −1.9M −55.9% 1.5M $6.2M
Mmcap International Inc. Spc −1.9M −14.7% 11.0M $44.4M
Solas Capital Management, LLC −1.0M Sold out 0 —
Jane Street Group, LLC −843K −94.1% 53K $213,382
Donald Smith & Co., Inc. −751K −12.5% 5.3M $21.4M
Lm Asset Management Inc. −749K −42.4% 1.0M $4.1M
HRT Financial LP −467K Sold out 0 —
Millennium Management LLC Hedge fund −379K −49.5% 387K $1.6M
TD Asset Management Inc −344K −40.8% 498K $2M
Connor, Clark & Lunn Investment Management Ltd. −338K −19.6% 1.4M $5.6M
UBS Group AG −299K −97.3% 8,294 $33,591
Centerbook Partners LP Hedge fund −234K Sold out 0 —
Quadrature Capital Ltd Hedge fund −196K −22.3% 682K $2.8M
TCW Group Inc Active manager −161K −20.9% 607K $2.5M
Charles Schwab Investment Management Inc Index funds −160K −26.8% 438K $1.8M
Exoduspoint Capital Management, LP Hedge fund −128K −55.7% 102K $412,071
Renaissance Technologies LLC Hedge fund −117K Sold out 0 —
Russell Investments Group, Ltd. −100K −17.5% 471K $1.9M
Assenagon Asset Management S.A. −99K Sold out 0 —
Ayal Capital Advisors Ltd −95K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Brightline Capital Management, LLC 1.7M $6.7M
Marshall Wace, LLPHedge fund 499K $2M
Jump Financial, LLC 290K $1.2M
Campbell & Co Investment Adviser LLC 41K $166,248
Lavaca Capital LLC 36K $144,069
Y-Intercept (Hong Kong) Ltd 36K $143,973
Prelude Capital Management, LLC 32K $129,118
Olympiad Research LP 26K $104,231
SG Americas Securities, LLC 11K $44,000
Jones Financial Companies LLLP 878 $3,670

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Solas Capital Management, LLC 1.0M $4.3M
HRT Financial LP 467K $1.9M
Centerbook Partners LPHedge fund 234K $964,392
Renaissance Technologies LLCHedge fund 117K $484,350
Assenagon Asset Management S.A. 99K $409,312
Ayal Capital Advisors Ltd 95K $392,350
Aristeia Capital, L.L.C.Hedge fund 91K $377,577
Two Sigma Securities, LLC 35K $146,066
Caption Management, LLC 17K $71,445
Susquehanna International Group, LLP 15K $63,561

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
95
Ten largest holders
70.4%
of 13F-reported shares
Index fund managers
6.4%
of 13F-reported shares
Active managers and hedge funds
32.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 13 12 1 5 +3.0M +14.4%
Index fund managers 2 1 0 0 −129K −2.7%
Other institutions 27 38 11 10 −2.7M −5.8%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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