Verition Fund Management LLC discloses a 0.33% stake in American Axle & Manufacturing Holdings, Inc. and a 1.83% short position in the company. The fund also holds a 0.10% stake in DowLais Group PLC.
Verition Fund Management LLC has disclosed a significant stake in American Axle & Manufacturing Holdings, Inc. (AXL). The fund holds a 0.33% stake in the company, along with a 1.83% short position. Additionally, Verition Fund Management LLC holds a 0.10% stake in Dowlais Group PLC [2].
The disclosure, made on September 2, 2025, provides insight into the fund's position in the automotive manufacturing sector. American Axle & Manufacturing Holdings, Inc. is a leading supplier of drivetrain components for the automotive industry, with a strong presence in North America and Europe. The company's recent upgrade to 'Outperform' by RBC Capital Markets, which raised the price target to $8 from $6, suggests a positive outlook for the stock [1].
Verition Fund Management LLC's stake and short position in American Axle & Manufacturing Holdings, Inc. reflect the fund's strategic positioning within the automotive manufacturing sector. The fund's short position may indicate a bearish outlook on the company's stock, while the stake could be a hedge or a long-term investment strategy.
The disclosure also highlights the fund's interest in Dowlais Group PLC, a UK-based company with interests in various sectors, including manufacturing and construction. The 0.10% stake in Dowlais Group PLC may be part of the fund's broader diversification strategy.
Investors and financial professionals should closely monitor Verition Fund Management LLC's disclosures and the performance of American Axle & Manufacturing Holdings, Inc. and Dowlais Group PLC. The fund's position in these companies could provide valuable insights into market trends and investment opportunities.
References:
[1] https://www.marketscreener.com/news/rbc-upgrades-american-axle-manufacturing-holdings-to-outperform-from-sector-perform-raises-price-ce7c50d3dc88f124
[2] https://www.tradingview.com/news/reuters.com,2025-09-04:newsml_RSD0746Ya:0-reg-bnp-paribas-london-american-axle-mfg-form-8-3-american-axle-manufacturing-holdings/
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