Commercial Metals
192 hedge funds and large institutions have $1.97B invested in Commercial Metals in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 87 reducing their positions, and 17 closing their positions.
1,252% more call options, than puts
Call options by funds: $3.15M | Put options by funds: $233K
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
19% more capital invested
Capital invested by funds: $1.66B → $1.97B (+$314M)
7% more funds holding
Funds holding: 180 → 192 (+12)
8.5% less ownership
Funds ownership: 83.76% → 75.26% (-8.5%)
45% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$13.5M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
+$12.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$11.8M |
| 4 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$10.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$36.7M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$17M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$11.9M |
| 4 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$8.81M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$7.07M |
CMC Hedge Fund Activity: Q4 2013 in Review
192 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q4 2013, worth a combined $1.97B — up 19% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CMC positions and 17 closed out — a net gain of 12 holders — while 48 added to existing stakes and 87 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $13.5M. The largest seller was UBS AM, cutting an estimated $36.7M.
- 192 institutional investors held Commercial Metals (CMC) as of Q4 2013, up from 180 in Q3 2013.
- Funds reported $1.97B of Commercial Metals stock for Q4 2013, up 19% quarter-over-quarter.
- 29 funds opened new Commercial Metals positions in Q4 2013 and 17 closed out, a net change of +12 holders.
- The largest Commercial Metals buyer in Q4 2013 was Renaissance Technologies, an estimated $13.5M added.
- The largest Commercial Metals seller in Q4 2013 was UBS AM, an estimated $36.7M sold.
Based on aggregated 13F filings for Q4 2013.