Commercial Metals
274 hedge funds and large institutions have $3.35B invested in Commercial Metals in 2021 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 82 increasing their positions, 109 reducing their positions, and 49 closing their positions.
219% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $6.29M
51% more capital invested
Capital invested by funds: $2.21B → $3.35B (+$1.13B)
2% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 49
0.17% more ownership
Funds ownership: 89.76% → 89.94% (+0.17%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% less funds holding
Funds holding: 275 → 274 (-1)
25% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$119M |
| 2 |
BlackRock
New York
|
+$28.7M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$22M |
| 4 |
RA
Royce & Associates
New York
|
+$19.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$23.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$17.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.2M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$13.9M |
| 5 |
Renaissance Technologies
New York
|
-$13.5M |
CMC Hedge Fund Activity: Q1 2021 in Review
274 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2021, worth a combined $3.35B — up 51% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new CMC positions and 49 closed out — a net gain of 1 holder — while 82 added to existing stakes and 109 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $119M. The largest seller was AQR Capital Management, cutting an estimated $23.8M.
- 274 institutional investors held Commercial Metals (CMC) as of Q1 2021, down from 275 in Q4 2020.
- Funds reported $3.35B of Commercial Metals stock for Q1 2021, up 51% quarter-over-quarter.
- 50 funds opened new Commercial Metals positions in Q1 2021 and 49 closed out, a net change of +1 holder.
- The largest Commercial Metals buyer in Q1 2021 was AllianceBernstein, an estimated $119M added.
- The largest Commercial Metals seller in Q1 2021 was AQR Capital Management, an estimated $23.8M sold.
Based on aggregated 13F filings for Q1 2021.