Commercial Metals
204 hedge funds and large institutions have $1.71B invested in Commercial Metals in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 73 reducing their positions, and 15 closing their positions.
324% more call options, than puts
Call options by funds: $1.64M | Put options by funds: $386K
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
5% more funds holding
Funds holding: 195 → 204 (+9)
4% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 73
0.29% more ownership
Funds ownership: 83.39% → 83.67% (+0.29%)
8% less capital invested
Capital invested by funds: $1.85B → $1.71B (-$142M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$22.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.9M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$8.35M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$8.33M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$17.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$17M |
| 3 |
Goldman Sachs
New York
|
-$8.14M |
| 4 |
ACG
Anchorage Capital Group
New York
|
-$6.5M |
| 5 |
Renaissance Technologies
New York
|
-$5.47M |
CMC Hedge Fund Activity: Q2 2014 in Review
204 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q2 2014, worth a combined $1.71B — down 7.7% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CMC positions and 15 closed out — a net gain of 10 holders — while 76 added to existing stakes and 73 trimmed.
The largest buyer was Norges Bank, adding an estimated $22.2M. The largest seller was AllianceBernstein, cutting an estimated $17.8M.
- 204 institutional investors held Commercial Metals (CMC) as of Q2 2014, up from 195 in Q1 2014.
- Funds reported $1.71B of Commercial Metals stock for Q2 2014, down 7.7% quarter-over-quarter.
- 25 funds opened new Commercial Metals positions in Q2 2014 and 15 closed out, a net change of +10 holders.
- The largest Commercial Metals buyer in Q2 2014 was Norges Bank, an estimated $22.2M added.
- The largest Commercial Metals seller in Q2 2014 was AllianceBernstein, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2014.