Century Aluminum
CENX
139 hedge funds and large institutions have $784M invested in Century Aluminum in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 53 reducing their positions, and 11 closing their positions.
260% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $2.98M
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
25% more capital invested
Capital invested by funds: $626M → $784M (+$158M)
12% more funds holding
Funds holding: 124 → 139 (+15)
28% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$28.3M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$18.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$5.98M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.55M |
| 5 |
Morgan Stanley
New York
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$18.1M |
| 2 |
O
OppenheimerFunds
New York
|
-$4.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.98M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.42M |
CENX Hedge Fund Activity: Q2 2014 in Review
139 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q2 2014, worth a combined $784M — up 25% from $626M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CENX positions and 11 closed out — a net gain of 15 holders — while 38 added to existing stakes and 53 trimmed.
The largest buyer was Natixis, adding an estimated $28.3M. The largest seller was SG Americas Securities, exiting entirely with an estimated $18.1M sold.
- 139 institutional investors held Century Aluminum (CENX) as of Q2 2014, up from 124 in Q1 2014.
- Funds reported $784M of Century Aluminum stock for Q2 2014, up 25% quarter-over-quarter.
- 26 funds opened new Century Aluminum positions in Q2 2014 and 11 closed out, a net change of +15 holders.
- The largest Century Aluminum buyer in Q2 2014 was Natixis, an estimated $28.3M added.
- The largest Century Aluminum seller in Q2 2014 was SG Americas Securities, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2014.