KAISER ALUMINUM CORP KALU
COM PAR $0.01 · Common Stock · CUSIP 483007704 · ISIN US4830077040
American metals manufacturer
- SectorMaterials
- IndustryRolling Drawing & Extruding of Nonferrous Metals
- HeadquartersFranklin, TN
- Founded1946
- Websitekaiseraluminum.com
- FilingsSEC EDGAR
* 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 ($358.6k this quarter). Holder counts are more reliable. Shares outstanding: 16.1m as of 2024-07-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $87.91. Options: 6 managers hold calls ($2.1m notional), 2 hold puts ($738.4k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 167 |
| Q4 2022 | 182 |
| Q1 2023 | 171 |
| Q2 2023 | 161 |
| Q3 2023 | 157 |
| Q4 2023 | 162 |
| Q1 2024 | 192 |
| Q2 2024 | 224 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 80 | 88 |
| Q1 2023 | 76 | 97 |
| Q2 2023 | 82 | 84 |
| Q3 2023 | 66 | 81 |
| Q4 2023 | 70 | 79 |
| Q1 2024 | 106 | 74 |
| Q2 2024 | 131 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.6m | $180.6k | 0.11 |
| Q4 2023 | $2.6m | $320.4k | 0.12 |
| Q1 2024 | $2.0m | $1.1m | 0.57 |
| Q2 2024 | $2.1m | $738.4k | 0.35 |
Biggest buyers
| VANGUARD GROUP INC | Added | +199.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +196.0k |
| Nuveen Asset Management, LLC | Added | +151.5k |
| Weiss Asset Management LP | New | +125.7k |
| Invesco Ltd. | Added | +108.2k |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC | New | +99.0k |
| BlackRock Inc. | Added | +93.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +75.1k |
| BANK OF MONTREAL /CAN/ | Added | +51.8k |
| Hillsdale Investment Management Inc. | New | +40.4k |
Biggest sellers
| DEPRINCE RACE & ZOLLO INC | Reduced | -392.6k |
| MORGAN STANLEY | Reduced | -309.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -198.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -132.6k |
| Russell Investments Group, Ltd. | Reduced | -109.8k |
| CITADEL ADVISORS LLC | Reduced | -87.3k |
| NFJ INVESTMENT GROUP, LLC | Reduced | -72.7k |
| HRT FINANCIAL LP | Sold out | -43.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -43.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -35.0k |
Biggest calls
| PEAK6 Investments LLC | Added | $755.9k8.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Unchanged | $562.6k6.4k shares |
| CITADEL ADVISORS LLC | Reduced | $553.8k6.3k shares |
| WOLVERINE TRADING, LLC | New | $202.2k2.3k shares |
| SIMPLEX TRADING, LLC | New | $8.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $474.7k5.4k shares |
| WOLVERINE TRADING, LLC | New | $263.7k3.0k shares |
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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.3 pts · filed 2026-04-24 | 14.8% |
| STATE STREET CORP 13G · institution new · filed 2026-05-12 | 8.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.1% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.7%, 2026-07-14), NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (4.4%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), MACQUARIE GROUP LTD (0.0%, 2026-02-13)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 1 | $90.1k | — |
| Q4 2022 | 0 | — | 1 | $93.8k | — |
| Q1 2023 | 0 | — | 1 | $33.8k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $377.0k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 1 | $327.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-15 | Parkinson Ray SVP - AE & Innovation · By Family Trust | Sold | $327.1k3.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 3.0m $263.6m | Added +93.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.1m $184.1m | Added +199.9k |
| STATE STREET CORP 0.00% of their portfolio | 939.8k $82.6m | Added +35.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 939.1k $82.5m | Reduced -132.6k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 839.9k $73.8m | Added +3.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.25% of their portfolio | 827.0k $72.7m | Added +8.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 760.5k $66.8m | Added +16.1k |
| Invesco Ltd. 0.01% of their portfolio | 507.4k $44.6m | Added +108.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 372.4k $32.7m | Added +11.1k |
| DEPRINCE RACE & ZOLLO INC 0.67% of their portfolio | 340.2k $29.9m | Reduced -392.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 286.9k $25.2m | Reduced -4.1k |
| Tributary Capital Management, LLC 1.98% of their portfolio | 272.0k $23.9m | Added +856 |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 250.8k $22.0m | Added +196.0k |
| MORGAN STANLEY 0.00% of their portfolio | 214.8k $18.9m | Reduced -309.8k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.56% of their portfolio | 209.4k $18.4m | Reduced -11.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 209.1k $18.4m | Added +75.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 206.5k $18.2m | Added +3.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 198.6k $17.5m | Added +151.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 165.2k $14.5m | Reduced -5.9k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 164.3k $14.4m | Reduced -10.5k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 147.5k $13.0m | Added +115 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 129.7k $11.4m | Reduced -43.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 128.9k $11.3m | Reduced -5.7k |
| Weiss Asset Management LP 0.53% of their portfolio | 125.7k $11.0m | New |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 116.3k $10.2m | Reduced -109.8k |
| NFJ INVESTMENT GROUP, LLC 0.31% of their portfolio | 114.1k $10.0m | Reduced -72.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 111.5k $9.8m | Added +21.5k |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC 4.32% of their portfolio | 99.0k $8.7m | New |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 93.3k $8.2m | Added +13.9k |
| ProShare Advisors LLC 0.02% of their portfolio | 88.0k $7.7m | Reduced -16.2k |
| WINSLOW ASSET MANAGEMENT INC 1.41% of their portfolio | 81.4k $7.2m | Reduced -1.1k |
| THIRD AVENUE MANAGEMENT LLC 1.20% of their portfolio | 79.6k $7.0m | Reduced -31.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 79.1k $7.0m | Reduced -3.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 66.4k $5.8m | Reduced -35.0k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 65.9k $5.9m | Added +51.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 63.5k $5.6m | Added +22.7k |
| NORGES BANK 0.00% of their portfolio | 63.1k $5.5m | Reduced -979 |
| ALGERT GLOBAL LLC 0.18% of their portfolio | 60.6k $5.3m | Added +12.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 58.9k $5.2m | Reduced -8.8k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 54.2k $4.8m | Added +35.8k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 52.6k $4.6m | Added +9.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 51.4k $4.5m | Added +314 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 51.1k $4.5m | Added +16.5k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 50.5k $4.4m | Added +23.6k |
| Keeley-Teton Advisors, LLC 0.54% of their portfolio | 47.9k $4.2m | Reduced -1.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 46.8k $4.1m | Added +40.3k |
| Legal & General Group Plc 0.00% of their portfolio | 44.5k $3.9m | Reduced -702 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 43.3k $3.8m | Reduced -76 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 42.0k $3.7m | Added +14.4k |
| Hillsdale Investment Management Inc. 0.28% of their portfolio | 40.4k $3.6m | New |
| Riggs Asset Managment Co. Inc. 0.98% of their portfolio | 37.3k $3.3m | Added +37.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 35.0k $3.1m | Added +2.4k |
| ClariVest Asset Management LLC 0.31% of their portfolio | 34.1k $3.0m | New |
| Swiss National Bank 0.00% of their portfolio | 31.6k $2.8m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 31.3k $2.7m | Added +30.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 30.1k $2.6m | Reduced -6.5k |
| Trexquant Investment LP 0.04% of their portfolio | 30.0k $2.6m | Added +14.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 29.7k $2.6m | Reduced -316 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 27.8k $2.4m | Reduced -87.3k |
| UBS Group AG 0.00% of their portfolio | 25.4k $2.2m | Added +4.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 23.1k $2.0m | Added +7.5k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 21.2k $1.9m | Added +16.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 20.3k $1.8m | Added +189 |
| ARK Investment Management LLC 0.02% of their portfolio | 19.9k $1.7m | Reduced -14.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 19.2k $1.7m | Reduced -1.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 17.2k $1.5m | Added +2.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 17.1k $1.5m | Added +13.9k |
| Harvest Investment Advisors, LLC 1.10% of their portfolio | 17.0k $1.5m | Reduced -515 |
| Dynamic Technology Lab Private Ltd 0.17% of their portfolio | 16.7k $1.5m | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 16.3k $1.4m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.6k $1.4m | Reduced -390 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 15.3k $1.3m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 15.1k $1.3m | Reduced -643 |
| SG Americas Securities, LLC 0.01% of their portfolio | 15.0k $1.3m | Added +13.5k |
| GREAT LAKES ADVISORS, LLC 0.01% of their portfolio | 14.3k $1.3m | Reduced -2.6k |
| BARCLAYS PLC 0.00% of their portfolio | 13.6k $1.2m | Reduced -2.3k |
| Summit Global Investments 0.08% of their portfolio | 12.9k $1.1m | Added +6.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 12.6k $1.1m | Reduced -91 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 12.4k $1.1m | Added +397 |
| Gotham Asset Management, LLC 0.01% of their portfolio | 12.1k $1.1m | New |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 11.9k $1.0m | New |
| CITIGROUP INC 0.00% of their portfolio | 11.8k $1.0m | Added +731 |
| Jackson Creek Investment Advisors LLC 0.36% of their portfolio | 11.3k $997.0k | New |
| TRUST POINT INC. 0.08% of their portfolio | 11.3k $989.5k | Added +974 |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 10.7k $938.9k | Added +648 |
| LPL Financial LLC 0.00% of their portfolio | 10.2k $893.6k | Added +1.6k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 9.3k $821.0k | Reduced -335 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 9.3k $814.6k | First filing |
| MetLife Investment Management, LLC 0.00% of their portfolio | 9.2k $812.5k | Added +883 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 9.2k $810.7k | Reduced -2 |
| Centiva Capital, LP 0.04% of their portfolio | 8.5k $746.3k | Added +6.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 8.5k $745.0k | Reduced -480 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 8.4k $730.6k | Added +2.1k |
| FIRST HAWAIIAN BANK 0.02% of their portfolio | 8.3k $726.5k | New |
| FIRST NATIONAL BANK OF OMAHA 0.05% of their portfolio | 8.3k $725.3k | Added +978 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 8.1k $715.1k | First filing |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 8.0k $703.2k | Added +100 |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 8.0k $702.3k | Added +247 |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 8.0k $702.3k | Added +247 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.0k $700.5k | Added +2.3k |