Commercial Metals
236 hedge funds and large institutions have $1.75B invested in Commercial Metals in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 96 increasing their positions, 83 reducing their positions, and 40 closing their positions.
35% more capital invested
Capital invested by funds: $1.3B → $1.75B (+$452M)
16% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 83
8.75% more ownership
Funds ownership: 81.68% → 90.43% (+8.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 250 → 236 (-14)
18% less call options, than puts
Call options by funds: $4.21M | Put options by funds: $5.14M
33% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 40
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.5M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$17.1M |
| 4 |
Renaissance Technologies
New York
|
+$15.9M |
| 5 |
Bank of New York Mellon
New York
|
+$12.9M |
Top Sellers
| 1 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$7.36M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.67M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$5.95M |
| 4 |
TA
Teachers Advisors
New York
|
-$4.76M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.41M |
CMC Hedge Fund Activity: Q1 2016 in Review
236 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2016, worth a combined $1.75B — up 35% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CMC and 27 opened new positions — a net loss of 13 holders — while 83 trimmed existing stakes and 96 added.
The largest buyer was Vanguard Group, adding an estimated $24.6M. The largest seller was Keeley Asset Management, cutting an estimated $7.36M.
- 236 institutional investors held Commercial Metals (CMC) as of Q1 2016, down from 250 in Q4 2015.
- Funds reported $1.75B of Commercial Metals stock for Q1 2016, up 35% quarter-over-quarter.
- 27 funds opened new Commercial Metals positions in Q1 2016 and 40 closed out, a net change of -13 holders.
- The largest Commercial Metals buyer in Q1 2016 was Vanguard Group, an estimated $24.6M added.
- The largest Commercial Metals seller in Q1 2016 was Keeley Asset Management, an estimated $7.36M sold.
Based on aggregated 13F filings for Q1 2016.