Swiss National Bank and other investors enhance share position in Kaiser Aluminum

As per the report published recently, Swiss National Bank raised its share in Kaiser Aluminum Company, an American value-added aluminium producer, by 7.4 per cent during the first quarter of 2022. The institutional investor bought an additional 2,600 shares of Kaiser’s stocks, totalling 37,500 shares worth $3,531,000.

Several other large investors also enhanced their shares holdings in Kaiser. For instance, Maryland State Retirement & Pension System boosted its position in shares by 2 per cent by buying an additional 127 shares. Thus, its total shares amounted to 6,416, valued at $604,000.

Teacher Retirement System of Texas raised its stake by 6.4 per cent in Q1 by acquiring an additional 196 shares, which brought its total shares in Kaiser to 3,241, worth $305,000.

Point72 Hong Kong Limited, an investment management firm, and Public Sector Pension Investment Board boosted their share position in Kaiser during the fourth quarter of the previous year. While the former enhanced its shares by 38.8 per cent by purchasing an additional 181 shares, the latter raised by 0.8 per cent by buying 260 shares. Point72 now owns total shares of 648 valued at $61,000, and Public Sector Pension Investment Board holds 32,307 shares valued at $3,035,000.

Finally, First Horizon Advisors Inc. raised its stake by 209.7 per cent in Q4, which brought its total shares to 480, worth $45,000. Hedge funds and other institutional investors own 97.69 per cent of the company’s stock.