Commercial Metals
235 hedge funds and large institutions have $2.2B invested in Commercial Metals in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 80 increasing their positions, 73 reducing their positions, and 17 closing their positions.
355% more call options, than puts
Call options by funds: $7.73M | Put options by funds: $1.7M
212% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 17
18% more funds holding
Funds holding: 200 → 235 (+35)
10% more capital invested
Capital invested by funds: $1.99B → $2.2B (+$202M)
10% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 73
2.22% less ownership
Funds ownership: 90.45% → 88.23% (-2.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$32.1M |
| 2 |
HCM
Highline Capital Management
New York
|
+$27.7M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$12M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$11.7M |
| 5 |
BlackRock
New York
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.7M |
| 2 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$21.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.2M |
| 5 |
Goldman Sachs
New York
|
-$14.9M |
CMC Hedge Fund Activity: Q4 2017 in Review
235 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q4 2017, worth a combined $2.2B — up 10% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new CMC positions and 17 closed out — a net gain of 36 holders — while 80 added to existing stakes and 73 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $32.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $27.7M.
- 235 institutional investors held Commercial Metals (CMC) as of Q4 2017, up from 200 in Q3 2017.
- Funds reported $2.2B of Commercial Metals stock for Q4 2017, up 10% quarter-over-quarter.
- 53 funds opened new Commercial Metals positions in Q4 2017 and 17 closed out, a net change of +36 holders.
- The largest Commercial Metals buyer in Q4 2017 was Millennium Management, an estimated $32.1M added.
- The largest Commercial Metals seller in Q4 2017 was T. Rowe Price Associates, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2017.