Institutional investors purchased a net $49.4 million shares of AA during the quarter ended March 2016 and now own 71.16% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Aluminum industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
ORBIS INVESTMENT MANAGEMENT LTD. Bought 39.1 Million shares of Alcoa
HSBC GLOBAL ASSET MANAGEMENT (UK... Bought 13.0 Million shares of Alcoa
ELLIOTT MANAGEMENT CORP. Bought 10.5 Million shares of Alcoa