Century Aluminum
CENX
147 hedge funds and large institutions have $333M invested in Century Aluminum in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 44 reducing their positions, and 17 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 44
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
0.26% more ownership
Funds ownership: 53.94% → 54.2% (+0.26%)
1% less funds holding
Funds holding: 149 → 147 (-2)
21% less capital invested
Capital invested by funds: $422M → $333M (-$89.3M)
51% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $2.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.26M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.77M |
| 3 |
Millennium Management
New York
|
+$3.11M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.98M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$13.8M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$3.78M |
| 3 |
MCM
Moore Capital Management
New York
|
-$3.11M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.01M |
| 5 |
EGM
Engineers Gate Manager
New York
|
-$1.83M |
CENX Hedge Fund Activity: Q2 2019 in Review
147 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q2 2019, worth a combined $333M — down 21% from $422M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CENX positions and 17 closed out — a net gain of 2 holders — while 55 added to existing stakes and 44 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $6.26M. The largest seller was State Street, cutting an estimated $13.8M.
- 147 institutional investors held Century Aluminum (CENX) as of Q2 2019, down from 149 in Q1 2019.
- Funds reported $333M of Century Aluminum stock for Q2 2019, down 21% quarter-over-quarter.
- 19 funds opened new Century Aluminum positions in Q2 2019 and 17 closed out, a net change of +2 holders.
- The largest Century Aluminum buyer in Q2 2019 was AllianceBernstein, an estimated $6.26M added.
- The largest Century Aluminum seller in Q2 2019 was State Street, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2019.