Century Aluminum
CENX
189 hedge funds and large institutions have $1.32B invested in Century Aluminum in 2014 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 53 increasing their positions, 59 reducing their positions, and 12 closing their positions.
517% more call options, than puts
Call options by funds: $42.1M | Put options by funds: $6.82M
417% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 12
69% more capital invested
Capital invested by funds: $784M → $1.32B (+$539M)
36% more funds holding
Funds holding: 139 → 189 (+50)
10% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$40.7M |
| 2 |
Morgan Stanley
New York
|
+$32.9M |
| 3 |
Millennium Management
New York
|
+$15.8M |
| 4 |
Two Sigma Investments
New York
|
+$12.6M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$36.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$32.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$29.4M |
| 4 |
N
Natixis
Paris,
France
|
-$22M |
| 5 |
RA
Royce & Associates
New York
|
-$12.8M |
CENX Hedge Fund Activity: Q3 2014 in Review
189 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2014, worth a combined $1.32B — up 69% from $784M a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new CENX positions and 12 closed out — a net gain of 50 holders — while 53 added to existing stakes and 59 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $40.7M. The largest seller was Systematic Financial Management, cutting an estimated $36.1M.
- 189 institutional investors held Century Aluminum (CENX) as of Q3 2014, up from 139 in Q2 2014.
- Funds reported $1.32B of Century Aluminum stock for Q3 2014, up 69% quarter-over-quarter.
- 62 funds opened new Century Aluminum positions in Q3 2014 and 12 closed out, a net change of +50 holders.
- The largest Century Aluminum buyer in Q3 2014 was Navellier & Associates, an estimated $40.7M added.
- The largest Century Aluminum seller in Q3 2014 was Systematic Financial Management, an estimated $36.1M sold.
Based on aggregated 13F filings for Q3 2014.