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Century Aluminum

140 hedge funds and large institutions have $356M invested in Century Aluminum in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more call options, than puts

Call options by funds: $4.28M | Put options by funds: $2.06M

35% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 40

13% more capital invested

Capital invested by funds: $315M → $356M (+$41M)

8% less funds holding

Funds holding: 152140 (-12)

50% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 24

Holders
140
Holders Change
-12
Holders Change %
-7.89%
% of All Funds
3.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
54
Reduced
40
Closed
24
Calls
$4.28M
Puts
$2.06M
Net Calls
+$2.22M
Net Calls Change
+$1.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$51.1M -$302K -44,143 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$30.7M +$1.58M +231,601 +6%
BFA
3
BlackRock Fund Advisors
California
$25M +$2.25M +329,600 +10%
Victory Capital Management
4
Victory Capital Management
Texas
$24.1M +$8.54M +1,250,857 +57%
Canada Pension Plan Investment Board
5
Canada Pension Plan Investment Board
Ontario, Canada
$22M +$20.5K +3,000 +0.1%
N
6
Natixis
France
$18.3M
Bank of New York Mellon
7
Bank of New York Mellon
New York
$12.5M +$783K +114,551 +7%
Deutsche Bank
8
Deutsche Bank
Germany
$11.7M +$2.52M +369,341 +28%
IG
9
ING Group
Netherlands
$11.7M +$3.14M +460,193 +37%
RA
10
Royce & Associates
New York
$9.82M -$695K -101,800 -7%
Morgan Stanley
11
Morgan Stanley
New York
$9.22M +$7.28M +1,065,832 +408%
TA
12
Teachers Advisors
New York
$9.09M +$293K +42,939 +3%
BIT
13
BlackRock Institutional Trust
California
$8.35M +$86.6K +12,681 +1%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$7.73M -$3.56M -520,958 -32%
California Public Employees Retirement System
15
California Public Employees Retirement System
California
$7.41M -$128K -18,700 -2%
State Street
16
State Street
Massachusetts
$7.02M +$289K +42,373 +4%
GC
17
Guggenheim Capital
Illinois
$6.01M +$127K +18,519 +2%
Franklin Resources
18
Franklin Resources
California
$5.86M
HP
19
Hound Partners
New York
$4.96M +$4.87M +712,900 New
Northern Trust
20
Northern Trust
Illinois
$4.1M +$78.6K +11,502 +2%
IAM
21
Impala Asset Management
Florida
$3.93M +$3.87M +566,100 New
Arrowstreet Capital
22
Arrowstreet Capital
Massachusetts
$3.91M -$2.35M -343,629 -38%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.37M -$161K -23,525 -5%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$2.64M +$32.3K +4,734 +1%
Charles Schwab
25
Charles Schwab
California
$2.56M +$132K +19,289 +6%

CENX Hedge Fund Activity: Q3 2016 in Review

140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2016, worth a combined $356M — up 13% from $315M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of CENX and 12 opened new positions — a net loss of 12 holders — while 40 trimmed existing stakes and 54 added.

The largest buyer was Victory Capital Management, adding an estimated $8.54M. The largest seller was Mesirow Financial Investment Management - Fixed Income, exiting entirely with an estimated $6.71M sold.

  • 140 institutional investors held Century Aluminum (CENX) as of Q3 2016, down from 152 in Q2 2016.
  • Funds reported $356M of Century Aluminum stock for Q3 2016, up 13% quarter-over-quarter.
  • 12 funds opened new Century Aluminum positions in Q3 2016 and 24 closed out, a net change of -12 holders.
  • The largest Century Aluminum buyer in Q3 2016 was Victory Capital Management, an estimated $8.54M added.
  • The largest Century Aluminum seller in Q3 2016 was Mesirow Financial Investment Management - Fixed Income, an estimated $6.71M sold.

Based on aggregated 13F filings for Q3 2016.