Century Aluminum
CENX
140 hedge funds and large institutions have $312M invested in Century Aluminum in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 44 reducing their positions, and 20 closing their positions.
231% more call options, than puts
Call options by funds: $4.97M | Put options by funds: $1.5M
18% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 44
1.29% less ownership
Funds ownership: 54.2% → 52.9% (-1.3%)
5% less funds holding
Funds holding: 147 → 140 (-7)
6% less capital invested
Capital invested by funds: $333M → $312M (-$20.6M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$8M |
| 2 |
RA
Royce & Associates
New York
|
+$1.44M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.22M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.18M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.97M |
| 3 |
Millennium Management
New York
|
-$2.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.01M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.86M |
CENX Hedge Fund Activity: Q3 2019 in Review
140 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2019, worth a combined $312M — down 6.2% from $333M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CENX and 13 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 52 added.
The largest buyer was ING Group, adding an estimated $8M. The largest seller was AllianceBernstein, cutting an estimated $3.09M.
- 140 institutional investors held Century Aluminum (CENX) as of Q3 2019, down from 147 in Q2 2019.
- Funds reported $312M of Century Aluminum stock for Q3 2019, down 6.2% quarter-over-quarter.
- 13 funds opened new Century Aluminum positions in Q3 2019 and 20 closed out, a net change of -7 holders.
- The largest Century Aluminum buyer in Q3 2019 was ING Group, an estimated $8M added.
- The largest Century Aluminum seller in Q3 2019 was AllianceBernstein, an estimated $3.09M sold.
Based on aggregated 13F filings for Q3 2019.