The cluster shows a clear divergence: active hedge funds and asset managers are accumulating ALV while sovereign/passive funds are reducing. Monitor for a catalyst (earnings, guidance, or sector tailwind) that could trigger further accumulation. The 71% analyst bullish consensus supports the active manager thesis.
Executive Summary
A mixed institutional cluster in Autoliv (ALV) for Q3 2024 shows 17 buyers accumulating $106.1M in new positions, led by Citadel's new $54.9M stake and significant adds from MFS ($14.7M) and Voloridge ($13.9M), while 21 sellers reduced holdings by $66.8M, led by Norges Bank (-$22.9M) and Invesco (-$17.7M). The net buying of ~$39.3M suggests institutional divergence on the stock's near-term outlook, with active managers leaning bullish while sovereign/passive funds trim.
Key Financial Metrics
Institutional Positions
Net institutional flow: $39.3M
▲ Buyers (17)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Citadel | NEW | +100% | $54.9M | $54.9M |
| Massachusetts Financial Services | ADD | +83.9% | $39.0M | $14.7M |
| Voloridge Investment Management | DOUBLED | +205.9% | $22.2M | $13.9M |
| Harris Associates L P | ADD | +59.7% | $33.7M | $9.5M |
| Assenagon Asset Management | DOUBLED | +203.8% | $9.9M | $6.2M |
▼ Sellers (21)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Norges Bank | TRIM | -32.2% | $56.0M | -$22.9M |
| Invesco | TRIM | -54.6% | $29.3M | -$17.7M |
| Ubs Am, A Distinct Business Un | TRIM | -29.7% | $31.4M | -$12.1M |
| Hsbc Holdings | TRIM | -69.7% | $8.7M | -$6.4M |
| Canada Pension Plan Investment | NEAR_EXIT | -82% | $4.7M | -$4.0M |
Key Facts
- 17 institutional buyers added $106.1M in new ALV positions during Q3 2024, while 21 sellers reduced holdings by $66.8M
- Citadel initiated a new $54.9M position, the largest single move in the cluster
- Massachusetts Financial Services added $14.7M (+83.9% shares) and Voloridge added $13.9M (+205.9% shares)
- Norges Bank trimmed $22.9M (-32.2% shares) and Invesco cut $17.7M (-54.6% shares), the largest sells
- Net directional flow was +$39.3M in favor of buying, but seller count (21) exceeded buyer count (17)
- Active managers dominated the buying side; sellers included sovereign wealth and mega-passive funds
Financial Impact
Net institutional inflow of approximately $39.3M into ALV during Q3 2024, with $106.1M in buying versus $66.8M in selling
Risk Factors
- 13F data is 45+ days stale; positions may have been unwound since quarter-end
- Seller count (21) exceeds buyer count (17), indicating broader institutional caution
- Sovereign wealth fund selling (Norges Bank) may signal macro or sector concerns
- Historical strong performance on prior ALV calls may not repeat
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-ALV-2024-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $114.41 | awaiting T+5 | — | — |
Aug 15, 2026 10w ago | Institutional Cluster | $120.76 $123.18 | ▲ +2.00% | ▲ +3.19% | — |
Aug 13, 2026 10w ago | Press Release | $121.41 $121.69 | ▲ +0.23% | ▲ +2.19% | — |
Jul 17, 2026 14w ago | 8-K | $120.26 $115.21 | ▼ −4.20% | ▼ −3.51% | — |
Jun 30, 2026 16w ago | 8-K | $116.17 $119.83 | ▲ +3.15% | ▲ +2.55% | — |
Jun 12, 2026 19w ago | Institutional Cluster | $128.53 $118.24 | ▼ −8.01% | ▼ −8.68% | — |
May 11, 2026 24w ago | 8-K | $120.53 $115.82 | ▼ −3.91% | ▼ −3.82% | — |
Apr 17, 2026 27w ago | 8-K | $118.92 $117.81 | ▲ +0.93% | ▲ +1.49% | — |
Mar 25, 2026 30w ago | DEFA14A | $105.11 $107.10 | ▲ +1.89% | ▲ +2.14% | — |
Feb 24, 2026 34w ago | Insider Cluster | $122.48 $112.20 | ▲ +8.39% | ▲ +7.36% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers