Commercial Metals
195 hedge funds and large institutions have $1.85B invested in Commercial Metals in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 70 increasing their positions, 74 reducing their positions, and 20 closing their positions.
212% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $335K
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
8.12% more ownership
Funds ownership: 75.26% → 83.39% (+8.1%)
2% more funds holding
Funds holding: 192 → 195 (+3)
5% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 74
6% less capital invested
Capital invested by funds: $1.97B → $1.85B (-$128M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$21.6M |
| 2 |
RA
Royce & Associates
New York
|
+$17.5M |
| 3 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
+$17.4M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$14.1M |
| 5 |
Goldman Sachs
New York
|
+$9.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$26.1M |
| 2 |
WI
WHV Investments
San Francisco,
California
|
-$19.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.6M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$11M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.1M |
CMC Hedge Fund Activity: Q1 2014 in Review
195 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2014, worth a combined $1.85B — down 6.5% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CMC positions and 20 closed out — a net gain of 5 holders — while 70 added to existing stakes and 74 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $21.6M. The largest seller was First Trust Advisors, cutting an estimated $26.1M.
- 195 institutional investors held Commercial Metals (CMC) as of Q1 2014, up from 192 in Q4 2013.
- Funds reported $1.85B of Commercial Metals stock for Q1 2014, down 6.5% quarter-over-quarter.
- 25 funds opened new Commercial Metals positions in Q1 2014 and 20 closed out, a net change of +5 holders.
- The largest Commercial Metals buyer in Q1 2014 was Bank of New York Mellon, an estimated $21.6M added.
- The largest Commercial Metals seller in Q1 2014 was First Trust Advisors, an estimated $26.1M sold.
Based on aggregated 13F filings for Q1 2014.