| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Maple Rock Capital Partners Inc. | 13% | +34% | $49,748,421 | +$12,666,863 | 13,993,930 | +34% | Maple Rock Capital Partners Inc. | 31 Oct 2025 |
| MMCAP International Inc. SPC | 11% | +9% | $48,708,531 | +$4,050,506 | 11,487,861 | +9.1% | MMCAP International Inc. SPC | 31 Dec 2025 |
| Stoney Lonesome HF LP | 5.4% | +4% | $40,931,069 | +$2,830,397 | 5,864,050 | +7.4% | COGHILL CLINT D | 30 Jun 2025 |
| DONALD SMITH & CO., INC. | 5.6% | -1.7% | $24,853,315 | -$319,649 | 5,861,631 | -1.3% | DONALD SMITH & CO., INC. | 31 Dec 2025 |
| BlackRock, Inc. | 3.7% | $19,448,211 | 3,835,939 | BlackRock, Inc. | 31 Mar 2025 | |||
| Zekelman Industries, Inc. | 3.1% | $16,408,390 | 3,229,998 | Zekelman Industries, Inc. | 10 Sep 2025 |
As of 31 Dec 2025, 107 institutional investors reported holding 83,083,454 shares of Algoma Steel Group Inc. - Common Shares, no par value (ASTL). This represents 79% of the company’s total 105,393,220 outstanding shares.
The largest institutional shareholders of Algoma Steel Group Inc. - Common Shares, no par value (ASTL) together control 70% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Maple Rock Capital Partners Inc. | 14% | 14,430,818 | +38% | 2% | $59,166,354 |
| MMCAP International Inc. SPC | 11% | 11,487,861 | +42% | 4.7% | $47,110,695 |
| BlackRock, Inc. | 8.1% | 8,501,903 | +16% | 0% | $34,857,801 |
| DONALD SMITH & CO., INC. | 5.6% | 5,861,631 | -1.3% | 0.45% | $24,032,687 |
| LITTLEJOHN & CO LLC | 3.3% | 3,446,503 | +28% | 7.4% | $14,130,662 |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.2% | 3,336,525 | -13% | 0.94% | $13,734,837 |
| INVESCO SENIOR SECURED MANAGEMENT INC /ADV | 3.1% | 3,233,117 | 0% | 45% | $18,267,111 |
| GOLDENTREE ASSET MANAGEMENT LP | 2.4% | 2,493,548 | 0% | 0.55% | $10,223,547 |
| Connor, Clark & Lunn Investment Management Ltd. | 2.1% | 2,264,863 | 0.02% | $9,323,330 | |
| FMR LLC | 2.1% | 2,208,646 | -0.27% | 0% | $9,055,449 |
| AEGIS FINANCIAL CORP | 1.7% | 1,786,122 | 0% | 1.7% | $7,323,100 |
| TD Asset Management Inc | 1.6% | 1,687,420 | +1352% | 0.01% | $6,955,260 |
| CDC Financial, Inc. | 1.5% | 1,580,749 | 0% | 6% | $6,481,071 |
| LM Asset Management, Inc. | 1.4% | 1,470,000 | +28% | 4.8% | $6,027,000 |
| Verition Fund Management LLC | 1.2% | 1,248,802 | 0.03% | $5,120,088 | |
| Solas Capital Management, LLC | 1% | 1,069,351 | -2% | 2.5% | $4,384,339 |
| MORGAN STANLEY | 0.99% | 1,040,539 | -19% | 0% | $4,266,210 |
| Quadrature Capital Ltd | 0.97% | 1,018,100 | -33% | 0.04% | $4,195,288 |
| UBS Group AG | 0.9% | 944,764 | +65% | 0% | $3,873,533 |
| Bracebridge Capital, LLC | 0.88% | 924,931 | 0% | 1.4% | $3,792,217 |
| JB CAPITAL PARTNERS LP | 0.83% | 872,277 | -12% | 0.62% | $3,576,336 |
| Bain Capital Credit, LP | 0.78% | 825,777 | -1.4% | 0.89% | $3,385,687 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.67% | 702,734 | +38% | 0% | $2,896,551 |
| JANE STREET GROUP, LLC | 0.67% | 701,942 | -15% | 0% | $2,877,962 |
| TCW GROUP INC | 0.64% | 672,678 | 0% | 0.02% | $2,757,980 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 83,083,454 | $345,892,194 | +$24,832,996 | $4.10 | 107 |
| 2025 Q3 | 77,189,775 | $274,608,877 | -$41,161,786 | $3.56 | 117 |
| 2025 Q2 | 80,222,845 | $552,932,141 | +$28,189,160 | $6.89 | 127 |
| 2025 Q1 | 76,933,946 | $425,534,483 | -$41,916,215 | $5.42 | 127 |
| 2024 Q4 | 81,408,306 | $795,639,115 | +$29,934,614 | $9.78 | 133 |
| 2024 Q3 | 78,026,072 | $792,790,621 | +$47,267,482 | $10.23 | 130 |
| 2024 Q2 | 66,421,432 | $462,499,892 | +$51,520 | $6.96 | 113 |
| 2024 Q1 | 71,265,694 | $605,209,689 | -$11,238,461 | $8.49 | 107 |
| 2023 Q4 | 71,001,366 | $711,858,801 | +$37,356,496 | $10.03 | 117 |
| 2023 Q3 | 67,776,758 | $461,292,458 | +$7,217,061 | $6.80 | 110 |
| 2023 Q2 | 66,653,892 | $473,489,132 | +$2,579,821 | $7.10 | 115 |
| 2023 Q1 | 65,822,650 | $531,356,630 | -$41,558,093 | $8.08 | 113 |
| 2022 Q4 | 73,604,822 | $466,805,686 | -$709,654 | $6.34 | 117 |
| 2022 Q3 | 65,858,710 | $424,329,314 | -$258,000,949 | $6.44 | 113 |
| 2022 Q2 | 102,793,506 | $923,119,126 | +$70,810,807 | $8.98 | 118 |
| 2022 Q1 | 93,770,075 | $1,052,191,915 | +$347,349,077 | $11.25 | 87 |
| 2021 Q4 | 61,661,759 | $642,288,728 | +$642,256,728 | $10.81 | 67 |