A M Castle & Co
CAS
CAS was delisted on the 6th of December, 2016.
47 hedge funds and large institutions have $29.5M invested in A M Castle & Co in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 43 closing their positions.
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
45% less funds holding
Funds holding: 86 → 47 (-39)
73% less capital invested
Capital invested by funds: $108M → $29.5M (-$78.8M)
91% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 43
97% less call options, than puts
Call options by funds: $29K | Put options by funds: $1.06M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.32M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.1M |
| 3 |
Millennium Management
New York
|
+$545K |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$495K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.2M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
-$3.49M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.65M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.17M |
| 5 |
BSCM
Baker Street Capital Management
Los Angeles,
California
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRSOTSOK
76
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$73K | -11,900 | Closed |
|
|
CF
77
CNA Financial
Chicago,
Illinois
| – | -$68K | -11,100 | Closed |
|
|
BG
78
BlackRock Group
London,
United Kingdom
| – | -$60K | -9,721 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$42K | -6,739 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$36K | -5,875 | Closed |
|
81
Barclays
London,
United Kingdom
| – | -$23K | -3,900 | Closed |
|
|
MERSOM
82
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$21K | -3,330 | Closed |
|
83
Citigroup
New York
| – | -$10.4K | -2,978 | -94% |
|
|
MSA
84
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$15K | -2,430 | Closed |
|
|
AIG
85
American International Group
New York
| – | -$13.2K | -2,146 | Closed |
|
|
PI
86
PineBridge Investments
New York
| – | -$12K | -1,958 | Closed |
|
|
LIA
87
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$3K | -549 | Closed |
|
|
GAM
88
Gemmer Asset Management
Walnut Creek,
California
| – | -$1K | -94 | Closed |
|
CAS Hedge Fund Activity: Q3 2015 in Review
47 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in A M Castle & Co (CAS) for Q3 2015, worth a combined $29.5M — down 73% from $108M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of CAS and 4 opened new positions — a net loss of 39 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Royce & Associates, adding an estimated $2.32M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $13.2M sold.
- 47 institutional investors held A M Castle & Co (CAS) as of Q3 2015, down from 86 in Q2 2015.
- Funds reported $29.5M of A M Castle & Co stock for Q3 2015, down 73% quarter-over-quarter.
- 4 funds opened new A M Castle & Co positions in Q3 2015 and 43 closed out, a net change of -39 holders.
- The largest A M Castle & Co buyer in Q3 2015 was Royce & Associates, an estimated $2.32M added.
- The largest A M Castle & Co seller in Q3 2015 was T. Rowe Price Associates, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2015.