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Commercial Metals

251 hedge funds and large institutions have $1.68B invested in Commercial Metals in 2020 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 87 increasing their positions, 83 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more call options, than puts

Call options by funds: $2.78M | Put options by funds: $1.2M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

1.3% more ownership

Funds ownership: 88.09%89.38% (+1.3%)

5% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 83

5% less funds holding

Funds holding: 264251 (-13)

18% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 55

28% less capital invested

Capital invested by funds: $2.33B → $1.68B (-$650M)

Holders
251
Holders Change
-13
Holders Change %
-4.92%
% of All Funds
5.53%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
45
Increased
87
Reduced
83
Closed
55
Calls
$2.78M
Puts
$1.2M
Net Calls
+$1.57M
Net Calls Change
-$4.47M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
126
SG Americas Securities
New York
$744K -$1.19M -62,608 -57%
OPERF
127
Oregon Public Employees Retirement Fund
Oregon
$700K -$6.25K -328 -0.7%
VI
128
Versor Investments
New York
$695K +$72.7K +3,816 +9%
AIP
129
Ameritas Investment Partners
Nebraska
$689K
Citigroup
130
Citigroup
New York
$671K +$36.9K +1,938 +5%
NMIMC
131
Northwestern Mutual Investment Management Company
Wisconsin
$651K +$139K +7,315 +22%
Mirae Asset Global Investments
132
Mirae Asset Global Investments
South Korea
$634K -$188K -9,866 -20%
Los Angeles Capital Management
133
Los Angeles Capital Management
California
$617K -$341K -17,880 -31%
UCFA
134
United Capital Financial Advisors
Texas
$607K -$186K -9,755 -20%
Nisa Investment Advisors
135
Nisa Investment Advisors
Missouri
$579K -$2.1K -110 -0.3%
RJA
136
Raymond James & Associates
Florida
$565K +$22.3K +1,169 +3%
BCM
137
Bayesian Capital Management
New York
$565K +$681K +35,777 New
BC
138
Brinker Capital
Pennsylvania
$545K -$68.1K -3,576 -9%
PNC Financial Services Group
139
PNC Financial Services Group
Pennsylvania
$533K -$23.6K -1,238 -4%
State of Tennessee, Department of Treasury
140
State of Tennessee, Department of Treasury
Tennessee
$529K +$59.7K +3,133 +10%
Balyasny Asset Management
141
Balyasny Asset Management
Illinois
$521K +$156K +8,175 +33%
SOMRS
142
State of Michigan Retirement System
Michigan
$519K -$38.1K -2,000 -6%
WAM
143
Wakefield Asset Management
Colorado
$517K +$623K +32,715 New
Truist Financial
144
Truist Financial
North Carolina
$515K +$423K +22,234 +214%
CM
145
CoreCommodity Management
Connecticut
$509K -$456K -23,952 -43%
SSA
146
Schonfeld Strategic Advisors
New York
$506K +$32.7K +1,718 +6%
Janney Montgomery Scott
147
Janney Montgomery Scott
Pennsylvania
$496K +$55.9K +2,937 +10%
Thrivent Financial for Lutherans
148
Thrivent Financial for Lutherans
Minnesota
$490K
DekaBank Deutsche Girozentrale
149
DekaBank Deutsche Girozentrale
Germany
$467K
BCM
150
Bridgeway Capital Management
Texas
$464K +$560K +29,400 New

CMC Hedge Fund Activity: Q1 2020 in Review

251 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2020, worth a combined $1.68B — down 28% from $2.33B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of CMC and 45 opened new positions — a net loss of 10 holders — while 83 trimmed existing stakes and 87 added.

The largest buyer was AQR Capital Management, adding an estimated $44.3M. The largest seller was Citadel Advisors, cutting an estimated $20.1M.

  • 251 institutional investors held Commercial Metals (CMC) as of Q1 2020, down from 264 in Q4 2019.
  • Funds reported $1.68B of Commercial Metals stock for Q1 2020, down 28% quarter-over-quarter.
  • 45 funds opened new Commercial Metals positions in Q1 2020 and 55 closed out, a net change of -10 holders.
  • The largest Commercial Metals buyer in Q1 2020 was AQR Capital Management, an estimated $44.3M added.
  • The largest Commercial Metals seller in Q1 2020 was Citadel Advisors, an estimated $20.1M sold.

Based on aggregated 13F filings for Q1 2020.