Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Algoma Stl Group Inc (ASTL)

96 + Investors. Track Smart Money conviction in ASTL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
5Q ▼
Buyers last Q
47%

Smart Money Signals — ASTL

Based on 101 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds reduced or closed their ASTL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 75% of 3.0Y peak

75% of all-time peak
101 funds currently hold this stock — 75% of the 3.0-year high of 135 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 23% fewer funds vs a year ago

fund count last 6Q
31 fewer hedge funds hold ASTL compared to a year ago (-23% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 47% buying

54 buying60 selling
Last quarter: 60 funds reduced or exited vs 54 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 23 → 22 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 31% medium ■ 16% new
54 out of 101 hedge funds have held ASTL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -15%, value -98%

Value
-97%
Shares
-15%
Last quarter: funds added -15% more shares while total portfolio value only changed -98%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

21 → 24 → 23 → 22 → 17 new funds/Q
New funds entering each quarter: 24 → 23 → 22 → 17. ASTL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 66% veterans vs 18% newcomers

■ 66% veterans ■ 16% 1-2yr ■ 18% new
Entry-cohort mix of 112 holders: 74 (66%) are 2+ year veterans, 18 entered 1–2 years ago, and 20 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
26 of 100 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.3
out of 10
Low Exit Risk
Exit risk score 2.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ASTL

In 2026 Q1, 54 hedge funds were net buyers of ASTL (17 opened a new position, 37 added to an existing one), while 60 reduced or exited (35 trimmed, 25 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This extends a 5-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 101.

Hedge Fund Ownership: ASTL

How many hedge funds hold ASTL — quarterly history vs. share price
Quarterly hedge fund ownership of ASTL vs. share price

Market Analysis: ASTL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ASTL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 5 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: ASTL
96 + Investors

Track Smart Money conviction in ASTL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 96 101 -4.95%
13F Shares 73M 73M -1.25%
Total Value $291M $303M -3.84%
New Positions 13 17 -4
Increased Positions 29 31 -2
Closed Positions 17 25 -8
Reduced Positions 37 33 +4
Total Calls 5 5 -
Total Puts 2 7 -71.43%
PUT/CALL Ratio 0.4 1.4 Bullish

Statistics: ASTL

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Financial Highlights

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Institutional Holders (2026 Q2)

96 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ASTL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ASTL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Littlejohn & Co LLC 7.83% 1,518,714 $6.2M
2 MMCAP International Inc. SPC 3.76% 10,954,738 $44.4M
3 CDC Financial, Inc. 2.96% 1,745,647 $7.1M
4 LM Asset Management Inc. 2.55% 1,016,000 $4.1M
5 Ewing Morris & Co. Investment Partners Ltd. 1.54% 722,350 $2.9M
6 Brightline Capital Management, LLC 1.46% 1,660,000 $6.7M
7 Maple Rock Capital Partners Inc. 1.34% 16,861,818 $68.3M
8 Aegis Financial Corp 1.14% 1,786,122 $7.2M
9 Scheer, Rowlett & Associates Investment Management Ltd. 1.13% 3,846,390 $15.7M
10 Bain Capital Credit, LP 0.91% 825,777 $3.3M
11 Jb Capital Partners LP 0.55% 872,277 $3.5M
12 Donald Smith & CO., INC. 0.38% 5,277,631 $21.4M
13 Sourcerock Group LLC 0.26% 1,247,507 $5.1M
14 Olympiad Research LP 0.22% 25,736 $104K
15 CDC Financial, Inc. 0.07% 40,000 $162K
16 Bracebridge Capital, LLC 0.07% 924,931 $3.7M
17 Readystate Asset Management LP 0.06% 463,228 $1.9M
18 Terril Brothers, INC. 0.06% 54,000 $219K
19 EJF Capital LP 0.03% 11,000 $45K
20 Quinn Opportunity Partners LLC 0.03% 142,336 $576K
21 Quadrature Capital Ltd 0.02% 682,493 $2.8M
22 Voleon Capital Management LP 0.02% 307,297 $1.2M
23 Net Worth Advisory Group 0.02% 20,833 $84K
24 Quantbot Technologies LP 0.02% 109,199 $442K
25 Tcw Group Inc 0.02% 607,478 $2.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Algoma Stl Group Inc (ASTL)

What does the Smart Money Trend signal show for ASTL?

Selling streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds reduced or closed their ASTL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ASTL?

More sellers than buyers — 47% buying: Last quarter: 60 funds reduced or exited vs 54 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ASTL holders?

Smaller funds dominant — 16% AUM from top-100: 26 of 100 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ASTL?

53% of holders stayed for 2+ years: 54 out of 101 hedge funds have held ASTL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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