Century Aluminum
CENX
155 hedge funds and large institutions have $272M invested in Century Aluminum in 2015 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 52 closing their positions.
7% more call options, than puts
Call options by funds: $3.48M | Put options by funds: $3.26M
5% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 56
19% less funds holding
Funds holding: 191 → 155 (-36)
59% less capital invested
Capital invested by funds: $667M → $272M (-$396M)
63% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 52
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$22.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.39M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$6.63M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$6.59M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$19.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.41M |
| 5 |
O
OppenheimerFunds
New York
|
-$9.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EDRS
201
Edmond de Rothschild (Suisse)
Geneva,
Switzerland
| – | -$21K | -2,060 | Closed |
|
|
BRWM
202
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$10K | -1,000 | Closed |
|
|
IRS
203
Invictus RG (Singapore)
Singapore
| – | -$5K | -523 | Closed |
|
204
Parallax Volatility Advisers
San Francisco,
California
| – | -$4K | -413 | Closed |
|
|
FANJ
205
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$3K | -247 | Closed |
|
|
RIA
206
Regal Investment Advisors
Kentwood,
Michigan
| – | -$1.26K | -180 | -64% |
|
|
TDC
207
Thompson Davis & Co
Richmond,
Virginia
| – | -$1K | -125 | Closed |
|
CENX Hedge Fund Activity: Q3 2015 in Review
155 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2015, worth a combined $272M — down 59% from $667M a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of CENX and 19 opened new positions — a net loss of 33 holders — while 56 trimmed existing stakes and 59 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $22.7M. The largest seller was Impala Asset Management, exiting entirely with an estimated $19.6M sold.
- 155 institutional investors held Century Aluminum (CENX) as of Q3 2015, down from 191 in Q2 2015.
- Funds reported $272M of Century Aluminum stock for Q3 2015, down 59% quarter-over-quarter.
- 19 funds opened new Century Aluminum positions in Q3 2015 and 52 closed out, a net change of -33 holders.
- The largest Century Aluminum buyer in Q3 2015 was Hotchkis & Wiley Capital Management, an estimated $22.7M added.
- The largest Century Aluminum seller in Q3 2015 was Impala Asset Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q3 2015.