Century Aluminum
CENX
128 hedge funds and large institutions have $343M invested in Century Aluminum in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
8% more funds holding
Funds holding: 118 → 128 (+10)
6% more capital invested
Capital invested by funds: $324M → $343M (+$19.2M)
3.06% more ownership
Funds ownership: 50.79% → 53.85% (+3.1%)
9% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $952K
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$23.3M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$11.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$3.26M |
| 4 |
Morgan Stanley
New York
|
+$2.05M |
| 5 |
Renaissance Technologies
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$5.36M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$4.74M |
| 3 |
Millennium Management
New York
|
-$3.31M |
| 4 |
RA
Royce & Associates
New York
|
-$3.23M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.55M |
CENX Hedge Fund Activity: Q3 2020 in Review
128 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2020, worth a combined $343M — up 5.9% from $324M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CENX positions and 13 closed out — a net gain of 10 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was State Street, adding an estimated $23.3M. The largest seller was Natixis, cutting an estimated $5.36M.
- 128 institutional investors held Century Aluminum (CENX) as of Q3 2020, up from 118 in Q2 2020.
- Funds reported $343M of Century Aluminum stock for Q3 2020, up 5.9% quarter-over-quarter.
- 23 funds opened new Century Aluminum positions in Q3 2020 and 13 closed out, a net change of +10 holders.
- The largest Century Aluminum buyer in Q3 2020 was State Street, an estimated $23.3M added.
- The largest Century Aluminum seller in Q3 2020 was Natixis, an estimated $5.36M sold.
Based on aggregated 13F filings for Q3 2020.