Commercial Metals
180 hedge funds and large institutions have $1.66B invested in Commercial Metals in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 66 increasing their positions, 75 reducing their positions, and 19 closing their positions.
1,598% more call options, than puts
Call options by funds: $5.47M | Put options by funds: $322K
15% more capital invested
Capital invested by funds: $1.44B → $1.66B (+$219M)
0.25% more ownership
Funds ownership: 83.51% → 83.76% (+0.25%)
2% less funds holding
Funds holding: 183 → 180 (-3)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
12% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 75
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
+$18.9M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$15.1M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$11.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.54M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.5M |
| 2 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$7.39M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$5.81M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$5.52M |
| 5 |
State Street
Boston,
Massachusetts
|
-$5.46M |
CMC Hedge Fund Activity: Q3 2013 in Review
180 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2013, worth a combined $1.66B — up 15% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CMC and 17 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 66 added.
The largest buyer was WHV Investments, opening a new position worth an estimated $18.9M. The largest seller was Fidelity Investments, cutting an estimated $32.5M.
- 180 institutional investors held Commercial Metals (CMC) as of Q3 2013, down from 183 in Q2 2013.
- Funds reported $1.66B of Commercial Metals stock for Q3 2013, up 15% quarter-over-quarter.
- 17 funds opened new Commercial Metals positions in Q3 2013 and 19 closed out, a net change of -2 holders.
- The largest Commercial Metals buyer in Q3 2013 was WHV Investments, an estimated $18.9M added.
- The largest Commercial Metals seller in Q3 2013 was Fidelity Investments, an estimated $32.5M sold.
Based on aggregated 13F filings for Q3 2013.