Commercial Metals
267 hedge funds and large institutions have $2.06B invested in Commercial Metals in 2020 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 77 increasing their positions, 104 reducing their positions, and 35 closing their positions.
212% more call options, than puts
Call options by funds: $8.02M | Put options by funds: $2.57M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 35
2% more funds holding
Funds holding: 263 → 267 (+4)
2.85% less ownership
Funds ownership: 89.38% → 86.53% (-2.9%)
5% less capital invested
Capital invested by funds: $2.17B → $2.06B (-$110M)
26% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$19M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.51M |
| 3 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$7.29M |
| 4 |
D.E. Shaw & Co
New York
|
+$6.72M |
| 5 |
Goldman Sachs
New York
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$27.2M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$16.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.2M |
| 5 |
BlackRock
New York
|
-$9.47M |
CMC Hedge Fund Activity: Q3 2020 in Review
267 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2020, worth a combined $2.06B — down 5% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CMC positions and 35 closed out — a net gain of 7 holders — while 77 added to existing stakes and 104 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $19M. The largest seller was Citadel Advisors, cutting an estimated $27.2M.
- 267 institutional investors held Commercial Metals (CMC) as of Q3 2020, up from 263 in Q2 2020.
- Funds reported $2.06B of Commercial Metals stock for Q3 2020, down 5% quarter-over-quarter.
- 42 funds opened new Commercial Metals positions in Q3 2020 and 35 closed out, a net change of +7 holders.
- The largest Commercial Metals buyer in Q3 2020 was Janus Henderson Group, an estimated $19M added.
- The largest Commercial Metals seller in Q3 2020 was Citadel Advisors, an estimated $27.2M sold.
Based on aggregated 13F filings for Q3 2020.