Commercial Metals
264 hedge funds and large institutions have $2.33B invested in Commercial Metals in 2019 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 92 reducing their positions, and 23 closing their positions.
841% more call options, than puts
Call options by funds: $6.76M | Put options by funds: $719K
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
23% more capital invested
Capital invested by funds: $1.89B → $2.33B (+$442M)
6% more funds holding
Funds holding: 248 → 264 (+16)
2% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 92
3.93% less ownership
Funds ownership: 92.02% → 88.09% (-3.9%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.7M |
| 2 |
Goldman Sachs
New York
|
+$29.6M |
| 3 |
Morgan Stanley
New York
|
+$14.4M |
| 4 |
Man Group
London,
United Kingdom
|
+$11.8M |
| 5 |
Barclays
London,
United Kingdom
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$46M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$37.4M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$32.4M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$29.8M |
| 5 |
HCM
Highline Capital Management
New York
|
-$14.3M |
CMC Hedge Fund Activity: Q4 2019 in Review
264 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q4 2019, worth a combined $2.33B — up 23% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CMC positions and 23 closed out — a net gain of 23 holders — while 94 added to existing stakes and 92 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $44.7M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $46M.
- 264 institutional investors held Commercial Metals (CMC) as of Q4 2019, up from 248 in Q3 2019.
- Funds reported $2.33B of Commercial Metals stock for Q4 2019, up 23% quarter-over-quarter.
- 46 funds opened new Commercial Metals positions in Q4 2019 and 23 closed out, a net change of +23 holders.
- The largest Commercial Metals buyer in Q4 2019 was Fidelity Investments, an estimated $44.7M added.
- The largest Commercial Metals seller in Q4 2019 was Fuller & Thaler Asset Management, an estimated $46M sold.
Based on aggregated 13F filings for Q4 2019.