Commercial Metals
236 hedge funds and large institutions have $1.68B invested in Commercial Metals in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 88 increasing their positions, 94 reducing their positions, and 23 closing their positions.
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
1% less funds holding
Funds holding: 238 → 236 (-2)
6% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 94
4.21% less ownership
Funds ownership: 94.54% → 90.33% (-4.2%)
9% less capital invested
Capital invested by funds: $1.84B → $1.68B (-$160M)
25% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $2.1M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.2M |
| 2 |
Bank of New York Mellon
New York
|
+$12.6M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$9.49M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$8.45M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$43M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$32M |
| 3 |
Morgan Stanley
New York
|
-$20.5M |
| 4 |
Goldman Sachs
New York
|
-$19.8M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$18.4M |
CMC Hedge Fund Activity: Q3 2016 in Review
236 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2016, worth a combined $1.68B — down 8.7% from $1.84B a quarter earlier.
Fund positioning in CMC was balanced in Q3 2016: 23 funds opened new positions, 23 closed out, 88 added to existing stakes and 94 trimmed.
The largest buyer was Vanguard Group, adding an estimated $36.2M. The largest seller was VanEck Associates, cutting an estimated $43M.
- 236 institutional investors held Commercial Metals (CMC) as of Q3 2016, down from 238 in Q2 2016.
- Funds reported $1.68B of Commercial Metals stock for Q3 2016, down 8.7% quarter-over-quarter.
- 23 funds opened new Commercial Metals positions in Q3 2016 and 23 closed out, a net change of 0 holders.
- The largest Commercial Metals buyer in Q3 2016 was Vanguard Group, an estimated $36.2M added.
- The largest Commercial Metals seller in Q3 2016 was VanEck Associates, an estimated $43M sold.
Based on aggregated 13F filings for Q3 2016.