Algoma Stl Group Inc (ASTL): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Algoma Stl Group Inc (ASTL) following the 2026 Q1 hedge fund 13F filings?

As of today, ASTL has moved -3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -4.1%. Since the quarter end (March 31, 2026), ASTL gained +21.3% vs +14.1% 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.

Algoma Stl Group Inc (ASTL)

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

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%

-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 — 10% AUM from top-100

10% from top-100 AUM funds

25 of 100 holders rank in the top 100 by AUM, but together hold only 10% 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	101	109	-7.34%
13F Shares	73M	86M	-14.98%
Total Value	$303M	$14.48B	-97.91%
New Positions	17	22	-5
Increased Positions	31	42	-11
Closed Positions	25	36	-11
Reduced Positions	33	25	+8
Total Calls	5	10	-50.0%
Total Puts	7	11	-36.36%
PUT/CALL Ratio	1.4	1.1	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

101

109

-7.34%

13F Shares

73M

86M

-14.98%

Total Value

$303M

$14.48B

-97.91%

New Positions

-5

Increased Positions

-11

Closed Positions

-11

Reduced Positions

Total Calls

-50.0%

Total Puts

-36.36%

PUT/CALL Ratio

1.4

1.1

Bearish

Institutional Holders (2026 Q1)

101 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ASTL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Littlejohn & Co LLC	13.48%	3,446,503	$14.2M
2	MMCAP International Inc. SPC	4.58%	12,845,622	$53.1M
3	CDC Financial, Inc.	4.24%	1,613,749	$6.7M
4	LM Asset Management Inc.	3.79%	1,765,000	$7.3M
5	Solas Capital Management, LLC	2.49%	1,047,454	$4.3M
6	Maple Rock Capital Partners Inc.	2.14%	15,930,818	$65.8M
7	Ewing Morris & Co. Investment Partners Ltd.	1.32%	710,000	$2.9M
8	Aegis Financial Corp	1.27%	1,786,122	$7.4M
9	Bain Capital Credit, LP	1.13%	825,777	$3.4M
10	Scheer, Rowlett & Associates Investment Management Ltd.	0.95%	3,207,480	$13.2M
11	Jb Capital Partners LP	0.62%	872,277	$3.6M
12	Donald Smith & CO., INC.	0.45%	6,028,929	$24.9M
13	CDC Financial, Inc.	0.37%	140,000	$578K
14	Sourcerock Group LLC	0.22%	1,306,403	$5.4M
15	AYAL Capital Advisors Ltd	0.11%	95,000	$392K
16	Bracebridge Capital, LLC	0.10%	924,931	$3.8M
17	Readystate Asset Management LP	0.09%	463,228	$1.9M
18	Terril Brothers, INC.	0.07%	58,000	$240K
19	CenterBook Partners LP	0.05%	233,509	$964K
20	Scientech Research LLC	0.05%	13,748	$57K
21	Quadrature Capital Ltd	0.04%	878,540	$3.6M
22	Purpose Unlimited Inc.	0.03%	200,000	$825K
23	EJF Capital LP	0.03%	11,000	$45K
24	Quinn Opportunity Partners LLC	0.03%	142,336	$588K
25	Quantbot Technologies LP	0.03%	157,928	$652K

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 — 10% AUM from top-100: 25 of 100 holders rank in the top 100 by AUM, but together hold only 10% 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.

Is it too late to buy Algoma Stl Group Inc (ASTL) following the 2026 Q1 hedge fund 13F filings?

As of today, ASTL has moved -3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -4.1%. Since the quarter end (March 31, 2026), ASTL has gained +21.3% vs +14.1% 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.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Algoma Stl Group Inc (ASTL)

Smart Money Signals — ASTL

Selling streak — 5 quarters in a row

High ownership — 75% of 3.0Y peak

Outflows — 23% fewer funds vs a year ago

More sellers than buyers — 47% buying

Steady new buyers — ~17 new funds per quarter

53% of holders stayed for 2+ years

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

Peak discovery — momentum slowing

Veteran-anchored — 66% veterans vs 18% newcomers

Smaller funds dominant — 10% AUM from top-100

Institutional Sentiment Summary — ASTL

Hedge Fund Ownership: ASTL

Market Analysis: ASTL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ASTL

Is It Too Late to Buy Algoma Stl Group Inc (ASTL) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ASTL

Statistics: ASTL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Algoma Stl Group Inc (ASTL)

Welcome to 13Foresight!