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Century Aluminum

153 hedge funds and large institutions have $343M invested in Century Aluminum in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 57 increasing their positions, 40 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

271% more call options, than puts

Call options by funds: $8.98M | Put options by funds: $2.42M

47% more capital invested

Capital invested by funds: $234M → $343M (+$109M)

43% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 40

17% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 29

3% more funds holding

Funds holding: 149153 (+4)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
153
Holders Change
+4
Holders Change %
+2.68%
% of All Funds
4.08%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
34
Increased
57
Reduced
40
Closed
29
Calls
$8.98M
Puts
$2.42M
Net Calls
+$6.56M
Net Calls Change
+$6.21M
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
101
Brandes Investment Partners
California
$157K +$123K +22,200 New
LSERS
102
Louisiana State Employees Retirement System
Louisiana
$155K +$554 +100 +0.5%
JG
103
Jefferies Group
New York
$143K -$162K -29,189 -59%
IC
104
InterOcean Capital
Illinois
$134K +$2.77K +500 +3%
UBS AM
105
UBS AM
Illinois
$133K -$5.54K -1,000 -5%
Nomura Holdings
106
Nomura Holdings
Japan
$130K +$102K +18,425 New
TRSOTSOK
107
Teachers Retirement System of the State of Kentucky
Kentucky
$121K
Tudor Investment Corp
108
Tudor Investment Corp
Connecticut
$118K +$92.5K +16,700 New
PA
109
Profund Advisors
Maryland
$109K +$85.7K +15,476 New
PCM
110
Prelude Capital Management
New York
$106K +$83.6K +15,100 New
CIM
111
CIM Investment Management
Pennsylvania
$104K +$11.7K +2,115 +17%
IFS
112
Ifrah Financial Services
Arkansas
$102K +$1.17K +212 +1%
CIBC World Market
113
CIBC World Market
Ontario, Canada
$92K
PP
114
Paloma Partners
Connecticut
$89K +$69.7K +12,577 New
AIM
115
Alambic Investment Management
California
$87K +$68.7K +12,400 New
Parallax Volatility Advisers
116
Parallax Volatility Advisers
California
$87K +$68.7K +12,409 New
Ohio Public Employees Retirement System (OPERS)
117
Ohio Public Employees Retirement System (OPERS)
Ohio
$81K +$515 +93 +0.8%
AP
118
Advisor Partners
California
$80K +$62.6K +11,302 New
Jane Street
119
Jane Street
New York
$80K +$63.1K +11,387 New
UBS Group
120
UBS Group
Switzerland
$76K -$13.8K -2,498 -19%
MERSOM
121
Municipal Employees' Retirement System of Michigan
Michigan
$75K +$2.99K +540 +5%
CG
122
Cutler Group
California
$71K -$13.4K -2,411 -19%
Legal & General Group
123
Legal & General Group
United Kingdom
$66K
MSA
124
Mason Street Advisors
Wisconsin
$62K +$4.61K +833 +10%
Teacher Retirement System of Texas
125
Teacher Retirement System of Texas
Texas
$45K +$8.73K +1,576 +33%

CENX Hedge Fund Activity: Q1 2016 in Review

153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q1 2016, worth a combined $343M — up 47% from $234M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new CENX positions and 29 closed out — a net gain of 5 holders — while 57 added to existing stakes and 40 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $10.7M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $19.6M sold.

  • 153 institutional investors held Century Aluminum (CENX) as of Q1 2016, up from 149 in Q4 2015.
  • Funds reported $343M of Century Aluminum stock for Q1 2016, up 47% quarter-over-quarter.
  • 34 funds opened new Century Aluminum positions in Q1 2016 and 29 closed out, a net change of +5 holders.
  • The largest Century Aluminum buyer in Q1 2016 was D.E. Shaw & Co, an estimated $10.7M added.
  • The largest Century Aluminum seller in Q1 2016 was Hotchkis & Wiley Capital Management, an estimated $19.6M sold.

Based on aggregated 13F filings for Q1 2016.