Century Aluminum
CENX
164 hedge funds and large institutions have $852M invested in Century Aluminum in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 56 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
11% more funds holding
Funds holding: 148 → 164 (+16)
2% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 56
6.51% less ownership
Funds ownership: 65.36% → 58.84% (-6.5%)
24% less capital invested
Capital invested by funds: $1.12B → $852M (-$268M)
53% less call options, than puts
Call options by funds: $8.82M | Put options by funds: $18.7M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$59.9M |
| 2 |
JP Morgan Chase
New York
|
+$27.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$18.8M |
| 4 |
CWM
CIBC World Markets
New York
|
+$14.6M |
| 5 |
Millennium Management
New York
|
+$8.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$87.7M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$46.7M |
| 3 |
AAM
Amerigo Asset Management
George Town,
Cayman Islands
|
-$35.6M |
| 4 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$14.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.5M |
CENX Hedge Fund Activity: Q1 2018 in Review
164 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q1 2018, worth a combined $852M — down 24% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CENX positions and 16 closed out — a net gain of 17 holders — while 55 added to existing stakes and 56 trimmed.
The largest buyer was Capital World Investors, adding an estimated $59.9M. The largest seller was Balyasny Asset Management, cutting an estimated $87.7M.
- 164 institutional investors held Century Aluminum (CENX) as of Q1 2018, up from 148 in Q4 2017.
- Funds reported $852M of Century Aluminum stock for Q1 2018, down 24% quarter-over-quarter.
- 33 funds opened new Century Aluminum positions in Q1 2018 and 16 closed out, a net change of +17 holders.
- The largest Century Aluminum buyer in Q1 2018 was Capital World Investors, an estimated $59.9M added.
- The largest Century Aluminum seller in Q1 2018 was Balyasny Asset Management, an estimated $87.7M sold.
Based on aggregated 13F filings for Q1 2018.