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Century Aluminum

131 hedge funds and large institutions have $515M invested in Century Aluminum in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 51 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $1.75M | Put options by funds: $854K

50% more capital invested

Capital invested by funds: $343M → $515M (+$172M)

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

2% more funds holding

Funds holding: 128131 (+3)

1.62% less ownership

Funds ownership: 53.85%52.23% (-1.6%)

22% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 51

Holders
131
Holders Change
+3
Holders Change %
+2.34%
% of All Funds
2.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
40
Reduced
51
Closed
17
Calls
$1.75M
Puts
$854K
Net Calls
+$896K
Net Calls Change
+$813K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$84.7M +$1.65M +182,382 +2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$62.4M -$3.98M -438,922 -7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$59.1M +$1.3M +143,220 +3%
State Street
4
State Street
Massachusetts
$54.2M +$5.48M +603,823 +14%
Fisher Asset Management
5
Fisher Asset Management
Washington
$27.4M -$476K -52,456 -2%
Canada Pension Plan Investment Board
6
Canada Pension Plan Investment Board
Ontario, Canada
$16.7M -$20.6M -2,273,200 -60%
N
7
Natixis
France
$14.8M +$8.84M +974,898 +264%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
8
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$14.5M -$2.61M -288,100 -18%
Millennium Management
9
Millennium Management
New York
$12.9M +$10.6M +1,172,635 New
Norges Bank
10
Norges Bank
Norway
$12.4M +$5.51M +607,088 +118%
RA
11
Royce & Associates
New York
$11.4M +$290K +32,010 +3%
SAM
12
Scopus Asset Management
New York
$10.2M +$8.39M +925,000 New
Geode Capital Management
13
Geode Capital Management
Massachusetts
$8.62M -$32.7K -3,611 -0.5%
Charles Schwab
14
Charles Schwab
California
$7.5M -$166K -18,274 -3%
Morgan Stanley
15
Morgan Stanley
New York
$7.04M -$1.28M -141,248 -18%
ECA
16
Encompass Capital Advisors
New York
$6.72M +$5.52M +609,044 New
Northern Trust
17
Northern Trust
Illinois
$6.5M -$263K -29,043 -5%
PPA
18
Parametric Portfolio Associates
Washington
$6.29M -$414K -45,647 -7%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$5.49M -$156K -17,147 -3%
Invesco
20
Invesco
Georgia
$5.08M +$62K +6,840 +2%
BCM
21
Bridgeway Capital Management
Texas
$4.96M
JP Morgan Chase
22
JP Morgan Chase
New York
$4.59M -$1.92M -212,051 -34%
N
23
Nuveen
North Carolina
$4.55M +$453 +50 +0%
Principal Financial Group
24
Principal Financial Group
Iowa
$3.8M -$124K -13,714 -4%
KSCM
25
Key Square Capital Management
Connecticut
$3.69M +$3.03M +334,238 New

CENX Hedge Fund Activity: Q4 2020 in Review

131 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Century Aluminum (CENX) for Q4 2020, worth a combined $515M — up 50% from $343M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new CENX positions and 17 closed out — a net gain of 3 holders — while 40 added to existing stakes and 51 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $10.6M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $20.6M.

  • 131 institutional investors held Century Aluminum (CENX) as of Q4 2020, up from 128 in Q3 2020.
  • Funds reported $515M of Century Aluminum stock for Q4 2020, up 50% quarter-over-quarter.
  • 20 funds opened new Century Aluminum positions in Q4 2020 and 17 closed out, a net change of +3 holders.
  • The largest Century Aluminum buyer in Q4 2020 was Millennium Management, an estimated $10.6M added.
  • The largest Century Aluminum seller in Q4 2020 was Canada Pension Plan Investment Board, an estimated $20.6M sold.

Based on aggregated 13F filings for Q4 2020.