Commercial Metals
238 hedge funds and large institutions have $1.68B invested in Commercial Metals in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 78 increasing their positions, 83 reducing their positions, and 41 closing their positions.
0.51% more ownership
Funds ownership: 88.52% → 89.03% (+0.51%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 41
0% less funds holding
Funds holding: 239 → 238 (-1)
6% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 83
21% less capital invested
Capital invested by funds: $2.13B → $1.68B (-$447M)
27% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $1.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$31.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$31.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$22.4M |
| 4 |
HCM
Highline Capital Management
New York
|
+$12.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$36.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.7M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$12.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$9.57M |
| 5 |
Bank of New York Mellon
New York
|
-$7.23M |
CMC Hedge Fund Activity: Q4 2018 in Review
238 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q4 2018, worth a combined $1.68B — down 21% from $2.13B a quarter earlier.
Fund positioning in CMC was balanced in Q4 2018: 41 funds opened new positions, 41 closed out, 78 added to existing stakes and 83 trimmed.
The largest buyer was Luminus Management, adding an estimated $31.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $36.3M sold.
- 238 institutional investors held Commercial Metals (CMC) as of Q4 2018, down from 239 in Q3 2018.
- Funds reported $1.68B of Commercial Metals stock for Q4 2018, down 21% quarter-over-quarter.
- 41 funds opened new Commercial Metals positions in Q4 2018 and 41 closed out, a net change of 0 holders.
- The largest Commercial Metals buyer in Q4 2018 was Luminus Management, an estimated $31.6M added.
- The largest Commercial Metals seller in Q4 2018 was Lord, Abbett & Co, an estimated $36.3M sold.
Based on aggregated 13F filings for Q4 2018.