Commercial Metals
220 hedge funds and large institutions have $2.02B invested in Commercial Metals in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 86 increasing their positions, 79 reducing their positions, and 39 closing their positions.
100% more call options, than puts
Call options by funds: $4.29M | Put options by funds: $2.14M
2.15% more ownership
Funds ownership: 88.91% → 91.06% (+2.2%)
9% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 79
7% less funds holding
Funds holding: 236 → 220 (-16)
10% less capital invested
Capital invested by funds: $2.24B → $2.02B (-$221M)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$297M |
| 2 |
ACG
Anchorage Capital Group
New York
|
+$59M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$35.6M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$26.8M |
| 5 |
Goldman Sachs
New York
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$22.8M |
| 3 |
Bank of New York Mellon
New York
|
-$19.2M |
| 4 |
Renaissance Technologies
New York
|
-$14.9M |
| 5 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
-$9.63M |
CMC Hedge Fund Activity: Q1 2017 in Review
220 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2017, worth a combined $2.02B — down 9.9% from $2.24B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CMC and 30 opened new positions — a net loss of 9 holders — while 79 trimmed existing stakes and 86 added.
The largest buyer was BlackRock, adding an estimated $297M. The largest seller was Vanguard Group, cutting an estimated $44.6M.
- 220 institutional investors held Commercial Metals (CMC) as of Q1 2017, down from 236 in Q4 2016.
- Funds reported $2.02B of Commercial Metals stock for Q1 2017, down 9.9% quarter-over-quarter.
- 30 funds opened new Commercial Metals positions in Q1 2017 and 39 closed out, a net change of -9 holders.
- The largest Commercial Metals buyer in Q1 2017 was BlackRock, an estimated $297M added.
- The largest Commercial Metals seller in Q1 2017 was Vanguard Group, an estimated $44.6M sold.
Based on aggregated 13F filings for Q1 2017.