Commercial Metals
207 hedge funds and large institutions have $2.06B invested in Commercial Metals in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 80 increasing their positions, 73 reducing their positions, and 38 closing their positions.
449% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $4.66M
10% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 73
2% more capital invested
Capital invested by funds: $2.02B → $2.06B (+$47.4M)
0.7% more ownership
Funds ownership: 91.06% → 91.76% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 220 → 207 (-13)
32% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
+$34.3M |
| 2 |
Janus Henderson Group
London,
|
+$27.7M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$22.1M |
| 4 |
TA
Teachers Advisors
New York
|
+$14.8M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$25.5M |
| 2 |
ACG
Anchorage Capital Group
New York
|
-$11.7M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$10.7M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$10.7M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.29M |
CMC Hedge Fund Activity: Q2 2017 in Review
207 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q2 2017, worth a combined $2.06B — up 2.4% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CMC and 26 opened new positions — a net loss of 12 holders — while 73 trimmed existing stakes and 80 added.
The largest buyer was Highline Capital Management, adding an estimated $34.3M. The largest seller was AQR Capital Management, cutting an estimated $25.5M.
- 207 institutional investors held Commercial Metals (CMC) as of Q2 2017, down from 220 in Q1 2017.
- Funds reported $2.06B of Commercial Metals stock for Q2 2017, up 2.4% quarter-over-quarter.
- 26 funds opened new Commercial Metals positions in Q2 2017 and 38 closed out, a net change of -12 holders.
- The largest Commercial Metals buyer in Q2 2017 was Highline Capital Management, an estimated $34.3M added.
- The largest Commercial Metals seller in Q2 2017 was AQR Capital Management, an estimated $25.5M sold.
Based on aggregated 13F filings for Q2 2017.