Commercial Metals
246 hedge funds and large institutions have $2.17B invested in Commercial Metals in 2018 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 83 increasing their positions, 82 reducing their positions, and 31 closing their positions.
1,891% more call options, than puts
Call options by funds: $20.2M | Put options by funds: $1.01M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
45% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 31
5% more funds holding
Funds holding: 235 → 246 (+11)
2.37% more ownership
Funds ownership: 88.23% → 90.61% (+2.4%)
1% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 82
1% less capital invested
Capital invested by funds: $2.2B → $2.17B (-$25.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$44.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.8M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$35.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$35.2M |
| 5 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$52.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$41.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$35.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$13.1M |
| 5 |
HCM
Highline Capital Management
New York
|
-$12.8M |
CMC Hedge Fund Activity: Q1 2018 in Review
246 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2018, worth a combined $2.17B — down 1.2% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CMC positions and 31 closed out — a net gain of 14 holders — while 83 added to existing stakes and 82 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $44.4M. The largest seller was BlackRock, cutting an estimated $52.7M.
- 246 institutional investors held Commercial Metals (CMC) as of Q1 2018, up from 235 in Q4 2017.
- Funds reported $2.17B of Commercial Metals stock for Q1 2018, down 1.2% quarter-over-quarter.
- 45 funds opened new Commercial Metals positions in Q1 2018 and 31 closed out, a net change of +14 holders.
- The largest Commercial Metals buyer in Q1 2018 was Lord, Abbett & Co, an estimated $44.4M added.
- The largest Commercial Metals seller in Q1 2018 was BlackRock, an estimated $52.7M sold.
Based on aggregated 13F filings for Q1 2018.