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Century Aluminum

157 hedge funds and large institutions have $778M invested in Century Aluminum in 2018 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 48

2.48% less ownership

Funds ownership: 58.84%56.36% (-2.5%)

4% less funds holding

Funds holding: 164157 (-7)

9% less capital invested

Capital invested by funds: $852M → $778M (-$74.6M)

16% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 31

43% less call options, than puts

Call options by funds: $10.2M | Put options by funds: $17.9M

Holders
157
Holders Change
-7
Holders Change %
-4.27%
% of All Funds
3.59%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
45
Reduced
48
Closed
31
Calls
$10.2M
Puts
$17.9M
Net Calls
-$7.69M
Net Calls Change
+$2.19M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$116M +$10.5M +622,137 +9%
BlackRock
2
BlackRock
New York
$109M +$7.59M +448,128 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$77.7M +$2.64M +156,093 +3%
Canada Pension Plan Investment Board
4
Canada Pension Plan Investment Board
Ontario, Canada
$60.5M -$1.69K -100 -0%
State Street
5
State Street
Massachusetts
$57.4M +$4.82M +284,682 +8%
Capital World Investors
6
Capital World Investors
California
$52M -$27.5M -1,626,000 -33%
CWM
7
CIBC World Markets
New York
$36.5M +$27.4M +1,619,400 +231%
Fisher Asset Management
8
Fisher Asset Management
Washington
$21.8M +$23.4M +1,382,337 New
Adage Capital Partners
9
Adage Capital Partners
Massachusetts
$15.8M +$1.69M +100,000 +11%
JP Morgan Chase
10
JP Morgan Chase
New York
$13.9M -$7.72M -455,857 -34%
Northern Trust
11
Northern Trust
Illinois
$11.4M +$1.56M +92,323 +15%
Goldman Sachs
12
Goldman Sachs
New York
$9.86M -$2.54M -149,861 -19%
Point72 Asset Management
13
Point72 Asset Management
Connecticut
$9.72M +$7.78M +459,140 +290%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$8.83M -$159K -9,400 -2%
Balyasny Asset Management
15
Balyasny Asset Management
Illinois
$8.77M +$8.18M +483,274 +660%
N
16
Natixis
France
$8.26M -$7.14M -421,912 -45%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$8.15M -$1.17M -69,163 -12%
Charles Schwab
18
Charles Schwab
California
$8.06M +$1.71M +100,982 +25%
Fuller & Thaler Asset Management
19
Fuller & Thaler Asset Management
California
$7.93M +$8.53M +503,763 New
Principal Financial Group
20
Principal Financial Group
Iowa
$6.13M +$107K +6,335 +2%
BCM
21
BlueCrest Capital Management
Jersey
$5.96M +$6.12M +361,588 +2,120%
Millennium Management
22
Millennium Management
New York
$5.8M -$1.04M -61,428 -14%
AQR Capital Management
23
AQR Capital Management
Connecticut
$5.55M +$1.88M +111,187 +46%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$5.32M -$1.31M -77,225 -19%
CANY
25
Caxton Associates (New York)
New York
$5.04M +$5.42M +320,000 New

CENX Hedge Fund Activity: Q2 2018 in Review

157 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q2 2018, worth a combined $778M — down 8.8% from $852M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of CENX and 26 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 45 added.

The largest buyer was CIBC World Markets, adding an estimated $27.4M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $47.3M sold.

  • 157 institutional investors held Century Aluminum (CENX) as of Q2 2018, down from 164 in Q1 2018.
  • Funds reported $778M of Century Aluminum stock for Q2 2018, down 8.8% quarter-over-quarter.
  • 26 funds opened new Century Aluminum positions in Q2 2018 and 31 closed out, a net change of -5 holders.
  • The largest Century Aluminum buyer in Q2 2018 was CIBC World Markets, an estimated $27.4M added.
  • The largest Century Aluminum seller in Q2 2018 was Capital Research Global Investors, an estimated $47.3M sold.

Based on aggregated 13F filings for Q2 2018.