Century Aluminum
CENX
149 hedge funds and large institutions have $422M invested in Century Aluminum in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 63 increasing their positions, 43 reducing their positions, and 17 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 43
17% more capital invested
Capital invested by funds: $360M → $422M (+$61.3M)
7% less call options, than puts
Call options by funds: $3.45M | Put options by funds: $3.71M
2.35% less ownership
Funds ownership: 56.24% → 53.89% (-2.4%)
5% less funds holding
Funds holding: 157 → 149 (-8)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.7M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$3.68M |
| 3 |
N
Natixis
Paris,
France
|
+$3.64M |
| 4 |
MCM
Moore Capital Management
New York
|
+$3.03M |
| 5 |
RA
Royce & Associates
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.26M |
| 2 |
Morgan Stanley
New York
|
-$7.07M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.55M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.48M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$5.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Wolverine Trading
Chicago,
Illinois
| – | -$306K | -35,365 | Closed |
|
|
WCM
152
Wedge Capital Management
Charlotte,
North Carolina
| – | -$235K | -32,158 | Closed |
|
|
QIM
153
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$216K | -29,600 | Closed |
|
154
Walleye Trading
New York
| – | -$215K | -24,859 | Closed |
|
|
GCP
155
GSA Capital Partners
London,
United Kingdom
| – | -$168K | -23,011 | Closed |
|
156
Group One Trading
Chicago,
Illinois
| – | -$194K | -22,378 | Closed |
|
|
BCM
157
BlueCrest Capital Management
St Helier,
Jersey
| – | -$133K | -18,248 | Closed |
|
|
VF
158
Virtu Financial
New York
| – | -$97K | -13,223 | Closed |
|
|
TSS
159
Two Sigma Securities
New York
| – | -$86K | -11,726 | Closed |
|
|
WSCM
160
Wellington Shields Capital Management
New York
| – | -$79K | -10,800 | Closed |
|
|
JA
161
JOYN Advisors
Atlanta,
Georgia
| – | -$11K | -1,468 | Closed |
|
CENX Hedge Fund Activity: Q1 2019 in Review
149 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q1 2019, worth a combined $422M — up 17% from $360M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CENX and 11 opened new positions — a net loss of 6 holders — while 43 trimmed existing stakes and 63 added.
The largest buyer was Vanguard Group, adding an estimated $7.7M. The largest seller was Citadel Advisors, cutting an estimated $7.26M.
- 149 institutional investors held Century Aluminum (CENX) as of Q1 2019, down from 157 in Q4 2018.
- Funds reported $422M of Century Aluminum stock for Q1 2019, up 17% quarter-over-quarter.
- 11 funds opened new Century Aluminum positions in Q1 2019 and 17 closed out, a net change of -6 holders.
- The largest Century Aluminum buyer in Q1 2019 was Vanguard Group, an estimated $7.7M added.
- The largest Century Aluminum seller in Q1 2019 was Citadel Advisors, an estimated $7.26M sold.
Based on aggregated 13F filings for Q1 2019.