Century Aluminum
CENX
153 hedge funds and large institutions have $343M invested in Century Aluminum in 2016 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 57 increasing their positions, 40 reducing their positions, and 29 closing their positions.
271% more call options, than puts
Call options by funds: $8.98M | Put options by funds: $2.42M
47% more capital invested
Capital invested by funds: $234M → $343M (+$109M)
43% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 40
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
3% more funds holding
Funds holding: 149 → 153 (+4)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$10.7M |
| 2 |
TA
Teachers Advisors
New York
|
+$5.86M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.79M |
| 4 |
Renaissance Technologies
New York
|
+$4.76M |
| 5 |
Bank of New York Mellon
New York
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$19.6M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$7.28M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$7.03M |
| 4 |
ACM
Axar Capital Management
New York
|
-$6.96M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.16M |
CENX Hedge Fund Activity: Q1 2016 in Review
153 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q1 2016, worth a combined $343M — up 47% from $234M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CENX positions and 29 closed out — a net gain of 5 holders — while 57 added to existing stakes and 40 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $10.7M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $19.6M sold.
- 153 institutional investors held Century Aluminum (CENX) as of Q1 2016, up from 149 in Q4 2015.
- Funds reported $343M of Century Aluminum stock for Q1 2016, up 47% quarter-over-quarter.
- 34 funds opened new Century Aluminum positions in Q1 2016 and 29 closed out, a net change of +5 holders.
- The largest Century Aluminum buyer in Q1 2016 was D.E. Shaw & Co, an estimated $10.7M added.
- The largest Century Aluminum seller in Q1 2016 was Hotchkis & Wiley Capital Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2016.