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Century Aluminum

118 hedge funds and large institutions have $324M invested in Century Aluminum in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 48 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more capital invested

Capital invested by funds: $168M → $324M (+$156M)

82% more call options, than puts

Call options by funds: $1.34M | Put options by funds: $736K

1.2% less ownership

Funds ownership: 51.99%50.79% (-1.2%)

11% less funds holding

Funds holding: 133118 (-15)

31% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 48

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

Holders
118
Holders Change
-15
Holders Change %
-11.28%
% of All Funds
2.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
33
Reduced
48
Closed
31
Calls
$1.34M
Puts
$736K
Net Calls
+$600K
Net Calls Change
-$4.94M
Name Holding Trade Value Shares
Change
Change in
Stake
COPPSERS
76
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$180K +$909 +172 +0.7%
GAM
77
Gotham Asset Management
New York
$177K +$30.2K +5,721 +30%
MIM
78
MetLife Investment Management
New Jersey
$163K
Simplex Trading
79
Simplex Trading
Illinois
$144K +$64.9K +12,278 +154%
Citigroup
80
Citigroup
New York
$142K -$9.14K -1,730 -8%
OPERF
81
Oregon Public Employees Retirement Fund
Oregon
$140K
MFG
82
Magnus Financial Group
New York
$139K +$103K +19,532 New
CM
83
CoreCommodity Management
Connecticut
$137K -$3.77K -713 -4%
MSA
84
Mason Street Advisors
Wisconsin
$134K +$7.76K +1,469 +8%
VOYA Investment Management
85
VOYA Investment Management
Georgia
$131K -$39.9K -7,539 -29%
MLICM
86
Metropolitan Life Insurance Company (MetLife)
New York
$119K +$280 +53 +0.3%
State of Tennessee, Department of Treasury
87
State of Tennessee, Department of Treasury
Tennessee
$119K -$433 -82 -0.5%
TRSOTSOK
88
Teachers Retirement System of the State of Kentucky
Kentucky
$115K
LSERS
89
Louisiana State Employees Retirement System
Louisiana
$97K -$529 -100 -0.7%
State of Wisconsin Investment Board
90
State of Wisconsin Investment Board
Wisconsin
$92K -$46K -8,700 -40%
VF
91
Virtu Financial
New York
$91K +$67.2K +12,722 New
ASRS
92
Arizona State Retirement System
Arizona
$86K -$2.34K -443 -4%
TRCT
93
Tower Research Capital (TRC)
New York
$77K -$12.1K -2,289 -18%
GC
94
Guggenheim Capital
Illinois
$72K -$655 -124 -1%
Walleye Trading
95
Walleye Trading
New York
$67K +$31.9K +6,028 +177%
Ohio Public Employees Retirement System (OPERS)
96
Ohio Public Employees Retirement System (OPERS)
Ohio
$57K -$1.61K -304 -4%
BNP Paribas Financial Markets
97
BNP Paribas Financial Markets
France
$32.2K -$87.9K -16,636 -79%
AIP
98
Ameritas Investment Partners
Nebraska
$31K
PAM
99
Panagora Asset Management
Massachusetts
$31K
Nisa Investment Advisors
100
Nisa Investment Advisors
Missouri
$30K

CENX Hedge Fund Activity: Q2 2020 in Review

118 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q2 2020, worth a combined $324M — up 93% from $168M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of CENX and 16 opened new positions — a net loss of 15 holders — while 48 trimmed existing stakes and 33 added.

The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $8.46M. The largest seller was ING Group, exiting entirely with an estimated $5.79M sold.

  • 118 institutional investors held Century Aluminum (CENX) as of Q2 2020, down from 133 in Q1 2020.
  • Funds reported $324M of Century Aluminum stock for Q2 2020, up 93% quarter-over-quarter.
  • 16 funds opened new Century Aluminum positions in Q2 2020 and 31 closed out, a net change of -15 holders.
  • The largest Century Aluminum buyer in Q2 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $8.46M added.
  • The largest Century Aluminum seller in Q2 2020 was ING Group, an estimated $5.79M sold.

Based on aggregated 13F filings for Q2 2020.