Commercial Metals
237 hedge funds and large institutions have $1.35B invested in Commercial Metals in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 96 increasing their positions, 71 reducing their positions, and 31 closing their positions.
164% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $711K
35% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 71
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
2.13% more ownership
Funds ownership: 83.74% → 85.88% (+2.1%)
1% more funds holding
Funds holding: 234 → 237 (+3)
16% less capital invested
Capital invested by funds: $1.61B → $1.35B (-$266M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$18.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.1M |
| 3 |
Morgan Stanley
New York
|
+$7.27M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$7.22M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$26.2M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$14.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$13.8M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$10.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.75M |
CMC Hedge Fund Activity: Q3 2015 in Review
237 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2015, worth a combined $1.35B — down 16% from $1.61B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CMC positions and 31 closed out — a net gain of 4 holders — while 96 added to existing stakes and 71 trimmed.
The largest buyer was Bank of America, adding an estimated $18.3M. The largest seller was Comerica Bank, cutting an estimated $26.2M.
- 237 institutional investors held Commercial Metals (CMC) as of Q3 2015, up from 234 in Q2 2015.
- Funds reported $1.35B of Commercial Metals stock for Q3 2015, down 16% quarter-over-quarter.
- 35 funds opened new Commercial Metals positions in Q3 2015 and 31 closed out, a net change of +4 holders.
- The largest Commercial Metals buyer in Q3 2015 was Bank of America, an estimated $18.3M added.
- The largest Commercial Metals seller in Q3 2015 was Comerica Bank, an estimated $26.2M sold.
Based on aggregated 13F filings for Q3 2015.