What is the 13F Pro Quality Score for AA?

13F Pro ranks Alcoa Corp (AA) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View AA's current score at https://13fpro.ai/company/AA (free sign-up required for the full ranking).

Which hedge funds own the most AA stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of AA include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/AA as soon as new 13F filings post.

Where does 13F Pro source AA data?

All Alcoa Corp fundamentals and ownership data come directly from SEC EDGAR. Alcoa Corp files with the SEC under CIK 1675149. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is AA in?

Alcoa Corp (AA) is classified in the Materials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/materials.

What drives AA's revenue?

Per Alcoa Corp's latest 10-Q filed with the SEC on 2026-07-30, the biggest revenue drivers are: Aluminum segment (third-party sales) ($3,330M, +70% YoY); Alumina segment (third-party sales) ($637M, -39% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/AA.

What are AA's largest expenses?

Alcoa Corp's latest 10-Q reports these as the largest expense items: Cost of goods sold ($2,967M, +12% YoY); Other expenses (income), net ($200M); Provision for depreciation, depletion, and amortization ($173M, +13% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is AA research updated on 13F Pro?

AA's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Alcoa Corp(AA)Stock Analysis

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SEC EDGAR: CIK 1675149 AA stock profile & AI dashboard →

13F Pro Quality Score

63.4/100

Rank #621 of 2,961 stocksTOP 25%

View Materials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

66.0/100

Profitability

65.6/100

Balance Sheet

80.7/100

Earnings Quality

36.9/100

Free Cash Flow

34.4/100

Institutional Flow

74.5/100

Revenue Scale

89.2/100

Dilution Risk

81.6/100

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Why AA Scores 63/100

exact factor attribution · 2026-09-11

AA's composite is driven by scale and revenue growth, held back by free cash flow and earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+5.9 pts

89th pct

Revenue growth

+3.2 pts

66th pct

Capital efficiency

+3.1 pts

81th pct

Profitability

+2.3 pts

66th pct

Shareholder dilution

+1.6 pts

82th pct

Institutional flow

+1.2 pts

75th pct

Earnings growth

-0.3 pts

44th pct

Earnings quality

-1.3 pts

37th pct

Free cash flow

-2.3 pts

34th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

AA Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Alcoa Corp (AA), a Materials sector company. 13F Pro's AI-powered ranking engine scores AA at 63.4/100 on a 32-signal composite quality model, placing it at rank #621 of 2,961 stocks — the top 25% of the AI-ranked universe. AA scores in the top quartile across revenue scale (89.2), balance sheet strength (80.7). Areas of concern include free cash flow (34.4) and earnings quality (36.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Alcoa Corp reports quarterly revenue of $4.0B, net income of $407.0M, free cash flow of $422.0M. Top institutional holders of AA by reported 13-F value include BlackRock, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. AA trades on the NYSE exchange and files with the SEC under CIK 1675149. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Alcoa Corp directly from SEC EDGAR. Alcoa Corp's 13F Pro composite quality score has ranged between 33 and 67 since 2021, currently 63.4 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about Alcoa Corp

Quirks, history, and lore behind AA — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. materials company · large-cap · listed on the NYSE · headquartered in Pennsylvania.
2
The Numbers
Annual revenue in the range of $10–12 billion, with fortunes that swing wildly based on global commodity prices — a boom-bust business if there ever was one.
3
The History
Traces its roots to the late 19th century, when it became one of the first companies to commercialize a then-revolutionary process for producing a lightweight metal at industrial scale.
4
The Secret
It was once part of a sprawling industrial giant before being spun off as an independent company in 2016 — shedding its aerospace-grade cousin to focus purely on upstream smelting and refining.
5
The Lore
For decades its Pittsburgh skyscraper was one of the most recognized in the city, and its founding family name still graces a top-ranked U.S. university just across town.
6
The Giveaway
The world's third-largest producer of aluminum, it mines bauxite, refines it into alumina, and smelts it into the metal that ends up in your soda can — ticker is just two letters, both the same.

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What's Driving AA's Business? Latest 10-Q Breakdown

✓ 33/33 datapoints verified

AI-extracted from Alcoa Corp's 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Alcoa's Q2 2026 revenue rose 31% YoY to $3.97B on a 15% sequential jump in aluminum prices, driving record Aluminum segment Adjusted EBITDA of $1.07B, even as it disclosed a pending $3.1B-cash-plus-17M-share acquisition of South32's AliGroup assets.

Biggest Revenue Drivers

Aluminum segment (third-party sales)$3,330M+70% YoY

Higher average realized aluminum price (+$1,327/mt YTD) driven by higher LME and regional premiums (Midwest +179%, Rotterdam +102% YTD), plus higher shipments from capacity restarts.

Alumina segment (third-party sales)$637M-39% YoY

Lower average realized alumina price on a lower Alumina Price Index and lower volumes/price from bauxite offtake and supply agreements.

Biggest Revenue Drivers

Total revenue: $3,966M+31% YoY

Aluminum segment (third-party sales)$3,330M+70% YoY

Higher average realized aluminum price (+$1,327/mt YTD) driven by higher LME and regional premiums (Midwest +179%, Rotterdam +102% YTD), plus higher shipments from capacity restarts.

Alumina segment (third-party sales)$637M-39% YoY

Lower average realized alumina price on a lower Alumina Price Index and lower volumes/price from bauxite offtake and supply agreements.

Largest Expense Items

Cost of goods sold$2,967M+12% YoY

Higher aluminum shipments and prices, partially offset by unfavorable energy impacts, higher Alumina segment production costs, and tariffs on U.S. imports of aluminum from Canada.

Other expenses (income), net$200M

Swung from $112M of income in Q2 2025 to $200M of expense, driven by a $123M mark-to-market loss on Ma'aden shares and unfavorable mark-to-market results on derivative instruments.

Provision for depreciation, depletion, and amortization$173M+13% YoY

Higher depreciation in Brazil for mine reclamation and bauxite residue storage asset retirement obligations and unfavorable currency impacts.

Selling, general, administrative, and other expenses$101M+23% YoY

Increased fees for professional services, including $11M of transaction-related costs for the AliGroup acquisition.

Margins: Aluminum segment Adjusted EBITDA margin hit a record 32% of sales on higher realized prices and shipments, while the Alumina segment posted negative Adjusted EBITDA of $(96)M on higher production costs at Pinjarra and higher fuel oil/diesel energy prices tied to the Middle East conflict.

Watch Items from the Filing

Alcoa signed a deed to acquire South32's AliGroup bauxite/alumina/aluminum assets for $3,100M cash plus ~17M shares (~6% dilution) and up to $750M in contingent payments, expected to close in H1 2027, backed by a $3,100M bridge facility.
Company recorded a $123M mark-to-market loss in Q2 2026 on its Ma'aden shares (received from the 2025 Saudi JV sale), which are subject to a multi-year transfer restriction and remain a source of earnings volatility.
Alumina segment Adjusted EBITDA was negative $(96)M in Q2 2026 versus $139M a year ago, with 2026 alumina production and shipment guidance cut due to Pinjarra refinery instability.
Middle East conflict has driven announced curtailments of over 2,500 kmt of regional smelting capacity and nearly 2,000 kmt of refining capacity, plus Strait of Hormuz transit disruptions affecting raw material inflows and energy costs.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$4.0B

Net Income

Q2 2026

$407.0M

Free Cash Flow

Q2 2026

$422.0M

ROIC

Q2 2026

20.1%

D/E Ratio

Q2 2026

0.30

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+7.9% YoY

$12.83BFY 2025

FY22 $12.45BFY23 $10.55BFY24 $11.89BFY25 $12.83B

Net Income

+1828.3% YoY

$1.16BFY 2025

FY22 $-123.0MFY23 $-651.0MFY24 $60.0MFY25 $1.16B

EPS (Diluted)

+1580.8% YoY

$4.37FY 2025

FY22 $-0.68FY23 $-3.65FY24 $0.26FY25 $4.37

Total Assets

+14.7% YoY

$16.13BFY 2025

FY22 $14.76BFY23 $14.15BFY24 $14.06BFY25 $16.13B

Total Debt

-10.7% YoY

$2.45BFY 2025

FY22 $1.81BFY23 $2.02BFY24 $2.75BFY25 $2.45B

Op. Cash Flow

+90.5% YoY

$1.19BFY 2025

FY22 $822.0MFY23 $91.0MFY24 $622.0MFY25 $1.19B

Free Cash Flow

+1250.0% YoY

$567.0MFY 2025

FY22 $342.0MFY23 $-440.0MFY24 $42.0MFY25 $567.0M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$12.83B +7.9%	$11.89B +12.7%	$10.55B -15.3%	$12.45B +2.5%	$12.15B +30.9%	$9.29B
Net Income	$1.16B +1828.3%	$60.0M +109.2%	$-651.0M -429.3%	$-123.0M -128.7%	$429.0M +352.4%	$-170.0M
EPS (Diluted)	$4.37 +1580.8%	$0.26 +107.1%	$-3.65 -436.8%	$-0.68 -130.1%	$2.26 +348.4%	$-0.91
Total Assets	$16.13B +14.7%	$14.06B -0.6%	$14.15B -4.1%	$14.76B -1.8%	$15.03B +1.1%	$14.86B
Total Debt	$2.45B -10.7%	$2.75B +35.6%	$2.02B +11.9%	$1.81B +0.3%	$1.80B -29.1%	$2.55B
Operating Cash Flow	$1.19B +90.5%	$622.0M +583.5%	$91.0M -88.9%	$822.0M -10.7%	$920.0M +133.5%	$394.0M
Free Cash Flow	$567.0M +1250.0%	$42.0M +109.5%	$-440.0M -228.7%	$342.0M -35.5%	$530.0M +1192.7%	$41.0M

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Available Research

13F Pro tracks comprehensive data for Alcoa Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of AA

BlackRock, Inc.
$1.5B29,315,742 sh
FMR LLC
$886.2M16,996,106 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$677.6M12,995,948 sh
VANGUARD CAPITAL MANAGEMENT LLC
$621.8M11,926,055 sh
EAGLE CAPITAL MANAGEMENT LLC
$619.4M11,879,807 sh
STATE STREET CORP
$567.1M10,875,945 sh
DIMENSIONAL FUND ADVISORS LP
$304.8M5,845,931 sh
GEODE CAPITAL MANAGEMENT, LLC
$304.1M5,829,945 sh
AQR CAPITAL MANAGEMENT LLC
$213.1M4,086,691 sh
MORGAN STANLEY
$187.1M3,588,651 sh

Fund	Value	Shares
BlackRock, Inc.	$1.5B	29,315,742
FMR LLC	$886.2M	16,996,106
VANGUARD PORTFOLIO MANAGEMENT LLC	$677.6M	12,995,948
VANGUARD CAPITAL MANAGEMENT LLC	$621.8M	11,926,055
EAGLE CAPITAL MANAGEMENT LLC	$619.4M	11,879,807
STATE STREET CORP	$567.1M	10,875,945
DIMENSIONAL FUND ADVISORS LP	$304.8M	5,845,931
GEODE CAPITAL MANAGEMENT, LLC	$304.1M	5,829,945
AQR CAPITAL MANAGEMENT LLC	$213.1M	4,086,691
MORGAN STANLEY	$187.1M	3,588,651

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Is AA a good stock to buy?

13F Pro's AI-powered analysis of Alcoa Corp (AA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Materials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AA are available on the AA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. AA is classified as a large company.

Which hedge funds own AA?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Alcoa Corp's investment landscape.