Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ALGOMA STL GROUP INC (ASTLW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
33%

Smart Money Signals — ASTLW

Based on 21 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ASTLW 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 — 70% of 3.0Y peak

70% of all-time peak
21 funds currently hold this stock — 70% of the 3.0-year high of 30 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
3 fewer hedge funds hold ASTLW compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 33% buying

5 buying10 selling
Last quarter: 10 funds sold vs only 5 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 1 → 1 → 4 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 24% medium ■ 24% new
11 out of 21 hedge funds have held ASTLW 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 -2%, value -75%

Value
-75%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -75%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~3 new funds/quarter

2 → 1 → 1 → 4 → 3 new funds/Q
New funds entering each quarter: 1 → 1 → 4 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 14% 1-2yr ■ 24% new
Of 21 current holders: 13 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
7 of 21 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — ASTLW

In 2026 Q1, 5 hedge funds were net buyers of ASTLW (3 opened a new position, 2 added to an existing one), while 10 reduced or exited (6 trimmed, 4 sold completely) — a 33% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 21.

Hedge Fund Ownership: ASTLW

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

Market Analysis: ASTLW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ASTLW

-- --

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

Is It Too Late to Buy ALGOMA STL GROUP INC (ASTLW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ASTLW has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 51d ago
ASTLW
-43.2%
SPY
+14.0%

ASTLW outperformed SPY by -57.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
ASTLW
+0.0%
SPY
+0.3%

Since the filing became public, ASTLW outperformed SPY by -0.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: ASTLW
21 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 21 22 -4.55%
13F Shares 10M 11M -2.33%
Total Value $2M $7M -75.14%
New Positions 3 4 -1
Increased Positions 2 4 -2
Closed Positions 4 4 -
Reduced Positions 6 4 +2
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ASTLW

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

21 + investors

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

QUARTER:
Top 21 institutional holders of ASTLW — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CDC Financial, Inc. 0.26% 4,153,996 $413K
2 BOOTHBAY FUND MANAGEMENT, LLC 0.01% 185,000 $764K
3 K2 PRINCIPAL FUND, L.P. 0.00% 690,879 $62K
4 ARISTEIA CAPITAL, L.L.C. 0.00% 810,424 $68K
5 Claret Asset Management Corp 0.00% 102,000 —
6 LMR Partners LLP 0.00% 2,808,732 $279K
7 Aequim Alternative Investments LP 0.00% 414,191 $31K
8 StoneX Group Inc. 0.00% 69,309 $7K
9 Virtu Financial LLC 0.00% 92,007 —
10 NATIONAL BANK OF CANADA /FI/ 0.00% 26,382 $109K
11 Saba Capital Management, L.P. 0.00% 10,200 $1K
12 Caption Management, LLC 0.00% 44,550 $4K
13 D. E. Shaw & Co., Inc. 0.00% 557,746 $42K
14 TORONTO DOMINION BANK 0.00% 107,100 $10K
15 MILLENNIUM MANAGEMENT LLC 0.00% 51,250 $5K
16 JANE STREET GROUP, LLC 0.00% 98,157 $10K
17 ROYAL BANK OF CANADA 0.00% 48,943 $5K
18 LPL Financial LLC 0.00% 12,100 $1K
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 21,994 $2K
20 Clear Street Group Inc. 0.00% 100 —
21 UBS Group AG 0.00% 1,079 —
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 (ASTLW)

What does the Smart Money Trend signal show for ASTLW?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ASTLW 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 ASTLW?

Heavy selling pressure — only 33% buying: Last quarter: 10 funds sold vs only 5 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for ASTLW holders?

Smaller funds dominant — 4% AUM from top-100: 7 of 21 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ASTLW?

52% of holders stayed for 2+ years: 11 out of 21 hedge funds have held ASTLW 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.

Is it too late to buy ALGOMA STL GROUP INC (ASTLW) following the 2026 Q1 hedge fund 13F filings?

As of today, ASTLW has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.3%. Since the quarter end (March 31, 2026), ASTLW has gained -43.2% vs +14.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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