Vault-13

ALGOMA STL GROUP INC

*W EXP 10/19/202 · CUSIP 015658115

25 institutional holders -3 vs Q3 2024
6,994,6097.0m shares reported held*
$12.0mreported value*
4 new 6 added 5 reduced 7 sold out net bought ≈ $4.2m (+2.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $1.71. Options: 1 managers hold calls ($76.9k notional), 0 hold puts (—).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 37Q4 22: 33Q1 23: 27Q2 23: 27Q3 23: 28Q4 23: 31Q1 24: 28Q2 24: 28Q3 24: 28Q4 24: 2525Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202237
Q4 202233
Q1 202327
Q2 202327
Q3 202328
Q4 202331
Q1 202428
Q2 202428
Q3 202428
Q4 202425

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q1 23: 5 bought or addedQ1 23: 11 cut or sold outQ2 23: 6 bought or addedQ2 23: 8 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 5 cut or sold outQ4 23: 13 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 4 bought or addedQ1 24: 13 cut or sold outQ2 24: 5 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 10 cut or sold outQ4 24: 10 bought or addedQ4 24: 12 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023511
Q2 202368
Q3 202355
Q4 2023138
Q1 2024413
Q2 202456
Q3 2024810
Q4 20241012

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ1 24 calls: $70.2kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $46.1kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $4.8mQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $76.9kQ4 24 puts: $0Q4 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2024$70.2k$00.00
Q2 2024$46.1k$00.00
Q3 2024$4.8m$00.00
Q4 2024$76.9k$00.00

Biggest buyers

LMR Partners LLP New +2,808,732+2.8m
K2 PRINCIPAL FUND, L.P. Added +492,523+492.5k
BOOTHBAY FUND MANAGEMENT, LLC Added +124,800+124.8k
Ionic Capital Management LLC New +100,000+100.0k
D. E. Shaw & Co., Inc. Added +50,930+50.9k
Virtu Financial LLC New +32,635+32.6k
Saba Capital Management, L.P. New +10,200+10.2k
ROYAL BANK OF CANADA Added +500+500
JANE STREET GROUP, LLC Added +392+392
NATIONAL BANK OF CANADA /FI/ Added +30+30

Biggest sellers

ARISTEIA CAPITAL, L.L.C. Reduced -385,189-385.2k
COWEN AND COMPANY, LLC Sold out -180,517-180.5k
Fort Baker Capital Management LP Sold out -91,549-91.5k
Kepos Capital LP Sold out -37,800-37.8k
Murchinson Ltd. Sold out -20,400-20.4k
MYDA Advisors LLC Sold out -20,000-20.0k
CIBC Private Wealth Group LLC Sold out -16,000-16.0k
CastleKnight Management LP Reduced -15,000-15.0k
ZAZOVE ASSOCIATES LLC Sold out -10,000-10.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -9,216-9.2k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $76.9k51.2k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LMR Partners LLP 0.07% of their portfolio LONDON, X0 2,808,7322.8m $4.2m $4.2m 0.07% New
2 ARISTEIA CAPITAL, L.L.C. 0.07% of their portfolio GREENWICH, CT 1,230,2541.2m $1.8m $1.8m 0.07% Reduced -385.2k -385,189
3 K2 PRINCIPAL FUND, L.P. 0.22% of their portfolio TORONTO, A6 692,579692.6k $1.5m $1.5m 0.22% Added +492.5k +492,523
4 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 557,746557.7k $808.7k $808.7k 0.00% Added +50.9k +50,930
5 Aequim Alternative Investments LP 0.02% of their portfolio MILL VALLEY, CA 414,191414.2k $600.6k $600.6k 0.02% Unchanged
6 CastleKnight Management LP 0.05% of their portfolio New York, NY 290,000290.0k $420.5k $420.5k 0.05% Reduced -15.0k -15,000
7 Sonic GP LLC 0.93% of their portfolio HONOLULU, HI 279,995280.0k $420.0k $420.0k 0.93% Unchanged
8 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 135,000135.0k $1.3m $1.3m 0.04% Added +124.8k +124,800
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 101,118101.1k $151.7k $151.7k 0.00% Added +392 +392
10 Ionic Capital Management LLC 0.15% of their portfolio NEW YORK, NY 100,000100.0k $150.0k $150.0k 0.15% New
11 GENDELL JEFFREY L 0.00% of their portfolio Greenwich, CT 93,40893.4k $140.1k $140.1k 0.00% Unchanged
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,90055.9k $84.0k $84.0k 0.00% Added +500 +500
13 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 40,37140.4k $60.6k $60.6k 0.00% Reduced -9.2k -9,216
14 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 34,20034.2k $54.0k $54.0k 0.00% Unchanged
15 Virtu Financial LLC 0.00% of their portfolio New York, NY 32,63532.6k $47.0k $47.0k 0.00% New
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 30,00030.0k $45.0k $45.0k 0.00% Unchanged
17 IHT Wealth Management, LLC 0.00% of their portfolio Chicago, IL 24,00024.0k $36.0k $36.0k 0.00% Reduced -5.5k -5,500
18 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 20,00020.0k $32.0k $32.0k 0.00% Unchanged
19 Saltoro Capital, LP 100.00% of their portfolio DALLAS, TX 20,00020.0k $30.0k $30.0k 100.00% Unchanged
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 12,60012.6k $18.9k $18.9k 0.00% Unchanged
21 Saba Capital Management, L.P. 0.00% of their portfolio NEW YORK, NY 10,20010.2k $15.3k $15.3k 0.00% New
22 BRAVE ASSET MANAGEMENT INC 0.00% of their portfolio Summit, NJ 10,00010.0k $15.0k $15.0k 0.00% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5841.6k $2.4k $2.4k 0.00% Reduced -303 -303
24 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 9696 $941 $941 0.00% Added +30 +30
25 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged