Century Aluminum
CENX
113 hedge funds and large institutions have $366M invested in Century Aluminum in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 17 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
1% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.59M
4% less funds holding
Funds holding: 118 → 113 (-5)
14% less capital invested
Capital invested by funds: $425M → $366M (-$59.7M)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
+$3.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.65M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.58M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.92M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$8.87M |
| 2 |
Millennium Management
New York
|
-$3.35M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.78M |
| 4 |
DSC
Donald Smith & Co
New York
|
-$2.42M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.1M |
CENX Hedge Fund Activity: Q3 2013 in Review
113 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2013, worth a combined $366M — down 14% from $425M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CENX and 14 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 42 added.
The largest buyer was WHV Investments, adding an estimated $3.7M. The largest seller was Impala Asset Management, exiting entirely with an estimated $8.87M sold.
- 113 institutional investors held Century Aluminum (CENX) as of Q3 2013, down from 118 in Q2 2013.
- Funds reported $366M of Century Aluminum stock for Q3 2013, down 14% quarter-over-quarter.
- 14 funds opened new Century Aluminum positions in Q3 2013 and 17 closed out, a net change of -3 holders.
- The largest Century Aluminum buyer in Q3 2013 was WHV Investments, an estimated $3.7M added.
- The largest Century Aluminum seller in Q3 2013 was Impala Asset Management, an estimated $8.87M sold.
Based on aggregated 13F filings for Q3 2013.