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Century Aluminum

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.

New
Increased
Maintained
Reduced
Closed

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: 149153 (+4)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
153
Holders Change
+4
Holders Change %
+2.68%
% of All Funds
4.08%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
34
Increased
57
Reduced
40
Closed
29
Calls
$8.98M
Puts
$2.42M
Net Calls
+$6.56M
Net Calls Change
+$6.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$52.2M +$4.79M +865,213 +13%
Vanguard Group
2
Vanguard Group
Pennsylvania
$28.1M +$768K +138,656 +4%
Canada Pension Plan Investment Board
3
Canada Pension Plan Investment Board
Ontario, Canada
$23.5M -$2.59M -468,400 -12%
BFA
4
BlackRock Fund Advisors
California
$21.9M +$134K +24,248 +0.8%
N
5
Natixis
France
$20.6M
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$13.9M +$10.7M +1,937,636 +7,047%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$10.9M +$4.67M +843,820 +121%
RA
8
Royce & Associates
New York
$10.4M +$471K +85,000 +6%
BIT
9
BlackRock Institutional Trust
California
$8.45M -$148K -26,699 -2%
TA
10
Teachers Advisors
New York
$8.31M +$5.86M +1,057,444 +875%
Renaissance Technologies
11
Renaissance Technologies
New York
$7.67M +$4.76M +859,900 +376%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$7.54M -$136K -24,500 -2%
State Street
13
State Street
Massachusetts
$7.05M +$62.1K +11,205 +1%
Franklin Resources
14
Franklin Resources
California
$5.94M +$1.62M +293,000 +53%
Victory Capital Management
15
Victory Capital Management
Texas
$5.84M +$4.59M +828,952 New
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$5.71M -$7.03M -1,269,177 -61%
GC
17
Guggenheim Capital
Illinois
$5.61M +$489K +88,361 +12%
Morgan Stanley
18
Morgan Stanley
New York
$5.38M +$4.04M +729,960 +2,196%
IG
19
ING Group
Netherlands
$4.83M -$7.28M -1,314,517 -66%
Norges Bank
20
Norges Bank
Norway
$4.15M
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.89M -$249K -44,975 -8%
Prudential Financial
22
Prudential Financial
New Jersey
$3.88M -$1.46M -263,495 -32%
Northern Trust
23
Northern Trust
Illinois
$3.8M -$638K -115,267 -18%
TPCM
24
Tide Point Capital Management
Connecticut
$3.48M +$2.74M +494,115 New
Goldman Sachs
25
Goldman Sachs
New York
$3.48M +$2.52M +455,178 +1,194%

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.