Commercial Metals
263 hedge funds and large institutions have $2.17B invested in Commercial Metals in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 94 increasing their positions, 95 reducing their positions, and 28 closing their positions.
678% more call options, than puts
Call options by funds: $8.41M | Put options by funds: $1.08M
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
30% more capital invested
Capital invested by funds: $1.67B → $2.17B (+$495M)
5% more funds holding
Funds holding: 251 → 263 (+12)
0.15% more ownership
Funds ownership: 89.23% → 89.38% (+0.15%)
1% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 95
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$85M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$8.49M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.97M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.92M |
| 5 |
Janus Henderson Group
London,
|
+$5.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$46.8M |
| 2 |
HCM
Highline Capital Management
New York
|
-$20.2M |
| 3 |
Barclays
London,
United Kingdom
|
-$13.6M |
| 4 |
Millennium Management
New York
|
-$13.3M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$5.93M |
CMC Hedge Fund Activity: Q2 2020 in Review
263 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q2 2020, worth a combined $2.17B — up 30% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CMC positions and 28 closed out — a net gain of 14 holders — while 94 added to existing stakes and 95 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $85M. The largest seller was Citadel Advisors, cutting an estimated $46.8M.
- 263 institutional investors held Commercial Metals (CMC) as of Q2 2020, up from 251 in Q1 2020.
- Funds reported $2.17B of Commercial Metals stock for Q2 2020, up 30% quarter-over-quarter.
- 42 funds opened new Commercial Metals positions in Q2 2020 and 28 closed out, a net change of +14 holders.
- The largest Commercial Metals buyer in Q2 2020 was Fidelity Investments, an estimated $85M added.
- The largest Commercial Metals seller in Q2 2020 was Citadel Advisors, an estimated $46.8M sold.
Based on aggregated 13F filings for Q2 2020.