Century Aluminum
CENX
148 hedge funds and large institutions have $737M invested in Century Aluminum in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 51 reducing their positions, and 25 closing their positions.
53% more capital invested
Capital invested by funds: $482M → $737M (+$255M)
17% more call options, than puts
Call options by funds: $6.09M | Put options by funds: $5.21M
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
2.1% more ownership
Funds ownership: 64.44% → 66.53% (+2.1%)
6% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 51
1% less funds holding
Funds holding: 150 → 148 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$88M |
| 2 |
Millennium Management
New York
|
+$30.8M |
| 3 |
JP Morgan Chase
New York
|
+$20.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.7M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$20.6M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$20.6M |
| 3 |
TA
Teachers Advisors
New York
|
-$13.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.5M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$11M |
CENX Hedge Fund Activity: Q1 2017 in Review
148 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q1 2017, worth a combined $737M — up 53% from $482M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CENX positions and 25 closed out — a net gain of 4 holders — while 48 added to existing stakes and 51 trimmed.
The largest buyer was BlackRock, adding an estimated $88M. The largest seller was Bank of New York Mellon, cutting an estimated $20.6M.
- 148 institutional investors held Century Aluminum (CENX) as of Q1 2017, down from 150 in Q4 2016.
- Funds reported $737M of Century Aluminum stock for Q1 2017, up 53% quarter-over-quarter.
- 29 funds opened new Century Aluminum positions in Q1 2017 and 25 closed out, a net change of +4 holders.
- The largest Century Aluminum buyer in Q1 2017 was BlackRock, an estimated $88M added.
- The largest Century Aluminum seller in Q1 2017 was Bank of New York Mellon, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2017.