Commercial Metals
200 hedge funds and large institutions have $1.99B invested in Commercial Metals in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 26 closing their positions.
307% more call options, than puts
Call options by funds: $6.6M | Put options by funds: $1.62M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $2.06B → $1.99B (-$71.2M)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
1.31% less ownership
Funds ownership: 91.76% → 90.45% (-1.3%)
3% less funds holding
Funds holding: 207 → 200 (-7)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$59.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$35.5M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$21M |
| 4 |
HCM
Highline Capital Management
New York
|
+$18.6M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$43.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$35.5M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$23.9M |
| 5 |
Goldman Sachs
New York
|
-$19.3M |
CMC Hedge Fund Activity: Q3 2017 in Review
200 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2017, worth a combined $1.99B — down 3.5% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CMC and 23 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 68 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $59.3M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $43.7M sold.
- 200 institutional investors held Commercial Metals (CMC) as of Q3 2017, down from 207 in Q2 2017.
- Funds reported $1.99B of Commercial Metals stock for Q3 2017, down 3.5% quarter-over-quarter.
- 23 funds opened new Commercial Metals positions in Q3 2017 and 26 closed out, a net change of -3 holders.
- The largest Commercial Metals buyer in Q3 2017 was T. Rowe Price Associates, an estimated $59.3M added.
- The largest Commercial Metals seller in Q3 2017 was Anchorage Capital Group, an estimated $43.7M sold.
Based on aggregated 13F filings for Q3 2017.