Century Aluminum
CENX
155 hedge funds and large institutions have $604M invested in Century Aluminum in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 44 reducing their positions, and 17 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 44
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1.25% more ownership
Funds ownership: 56.36% → 57.6% (+1.2%)
1% less funds holding
Funds holding: 156 → 155 (-1)
22% less capital invested
Capital invested by funds: $777M → $604M (-$173M)
42% less call options, than puts
Call options by funds: $7.86M | Put options by funds: $13.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.2M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$18M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$11.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.14M |
| 5 |
Morgan Stanley
New York
|
+$7.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$52M |
| 2 |
JP Morgan Chase
New York
|
-$8.24M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$7.93M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$5.96M |
| 5 |
Millennium Management
New York
|
-$5.8M |
CENX Hedge Fund Activity: Q3 2018 in Review
155 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q3 2018, worth a combined $604M — down 22% from $777M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CENX positions and 17 closed out — a net gain of 2 holders — while 66 added to existing stakes and 44 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $18.2M. The largest seller was Capital World Investors, exiting entirely with an estimated $52M sold.
- 155 institutional investors held Century Aluminum (CENX) as of Q3 2018, down from 156 in Q2 2018.
- Funds reported $604M of Century Aluminum stock for Q3 2018, down 22% quarter-over-quarter.
- 19 funds opened new Century Aluminum positions in Q3 2018 and 17 closed out, a net change of +2 holders.
- The largest Century Aluminum buyer in Q3 2018 was Balyasny Asset Management, an estimated $18.2M added.
- The largest Century Aluminum seller in Q3 2018 was Capital World Investors, an estimated $52M sold.
Based on aggregated 13F filings for Q3 2018.