Century Aluminum
CENX
140 hedge funds and large institutions have $356M invested in Century Aluminum in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 24 closing their positions.
108% more call options, than puts
Call options by funds: $4.28M | Put options by funds: $2.06M
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
13% more capital invested
Capital invested by funds: $315M → $356M (+$41M)
8% less funds holding
Funds holding: 152 → 140 (-12)
50% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 24
Top Buyers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$8.54M |
| 2 |
Morgan Stanley
New York
|
+$7.28M |
| 3 |
HP
Hound Partners
New York
|
+$4.87M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$3.87M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$3.14M |
Top Sellers
| 1 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$6.71M |
| 2 |
D.E. Shaw & Co
New York
|
-$3.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.54M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$2.66M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
151
Prelude Capital Management
New York
| – | -$117K | -18,454 | Closed |
|
|
HCM
152
Highbridge Capital Management
New York
| – | -$73.7K | -10,783 | Closed |
|
|
AP
153
Advisor Partners
Walnut Creek,
California
| – | -$67K | -10,522 | Closed |
|
154
Wolverine Trading
Chicago,
Illinois
| – | -$70.8K | -10,357 | Closed |
|
155
Teacher Retirement System of Texas
Austin,
Texas
| – | -$46K | -7,246 | Closed |
|
|
QT
156
Quantbot Technologies
New York
| – | -$38K | -6,022 | Closed |
|
|
TRCT
157
Tower Research Capital (TRC)
New York
| – | -$30K | -4,617 | Closed |
|
158
Simplex Trading
Chicago,
Illinois
| – | -$19.7K | -2,888 | Closed |
|
159
Walleye Trading
New York
| – | -$12.9K | -1,882 | Closed |
|
160
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -365 | Closed |
|
161
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -276 | Closed |
|
CENX Hedge Fund Activity: Q3 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2016, worth a combined $356M — up 13% from $315M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CENX and 12 opened new positions — a net loss of 12 holders — while 40 trimmed existing stakes and 54 added.
The largest buyer was Victory Capital Management, adding an estimated $8.54M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $6.71M sold.
- 140 institutional investors held Century Aluminum (CENX) as of Q3 2016, down from 152 in Q2 2016.
- Funds reported $356M of Century Aluminum stock for Q3 2016, up 13% quarter-over-quarter.
- 12 funds opened new Century Aluminum positions in Q3 2016 and 24 closed out, a net change of -12 holders.
- The largest Century Aluminum buyer in Q3 2016 was Victory Capital Management, an estimated $8.54M added.
- The largest Century Aluminum seller in Q3 2016 was Mesirow Financial Investment Management - Fixed Income, an estimated $6.71M sold.
Based on aggregated 13F filings for Q3 2016.