Century Aluminum
CENX
112 hedge funds and large institutions have $477M invested in Century Aluminum in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 15 closing their positions.
49% more call options, than puts
Call options by funds: $2.42M | Put options by funds: $1.62M
31% more capital invested
Capital invested by funds: $366M → $477M (+$112M)
1% less funds holding
Funds holding: 113 → 112 (-1)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$19.6M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$17.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.21M |
| 4 |
JP Morgan Chase
New York
|
+$1.03M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$16.1M |
| 2 |
T
Tahithromos
New York
|
-$7.77M |
| 3 |
TA
Teachers Advisors
New York
|
-$2.78M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$2.61M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Walleye Trading
New York
| – | -$11K | -1,348 | Closed |
|
|
ST
127
Spot Trading
Chicago,
Illinois
| – | -$1.57K | -176 | Closed |
|
CENX Hedge Fund Activity: Q4 2013 in Review
112 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q4 2013, worth a combined $477M — up 31% from $366M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CENX and 14 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 39 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $19.6M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $16.1M sold.
- 112 institutional investors held Century Aluminum (CENX) as of Q4 2013, down from 113 in Q3 2013.
- Funds reported $477M of Century Aluminum stock for Q4 2013, up 31% quarter-over-quarter.
- 14 funds opened new Century Aluminum positions in Q4 2013 and 15 closed out, a net change of -1 holder.
- The largest Century Aluminum buyer in Q4 2013 was Franklin Resources, an estimated $19.6M added.
- The largest Century Aluminum seller in Q4 2013 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2013.