Commercial Metals
267 hedge funds and large institutions have $3.28B invested in Commercial Metals in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 85 increasing their positions, 120 reducing their positions, and 32 closing their positions.
167% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $5.72M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
2% less capital invested
Capital invested by funds: $3.35B → $3.28B (-$69.1M)
1.47% less ownership
Funds ownership: 89.94% → 88.46% (-1.5%)
3% less funds holding
Funds holding: 274 → 267 (-7)
19% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 32
29% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$26.9M |
| 2 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$17.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$12.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$16.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$14.3M |
| 3 |
JP Morgan Chase
New York
|
-$14M |
| 4 |
Goldman Sachs
New York
|
-$12.3M |
| 5 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$10.9M |
CMC Hedge Fund Activity: Q2 2021 in Review
267 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q2 2021, worth a combined $3.28B — down 2.1% from $3.35B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CMC and 26 opened new positions — a net loss of 6 holders — while 120 trimmed existing stakes and 85 added.
The largest buyer was W.R. Berkley Corp, opening a new position worth an estimated $26.9M. The largest seller was AQR Capital Management, cutting an estimated $16.6M.
- 267 institutional investors held Commercial Metals (CMC) as of Q2 2021, down from 274 in Q1 2021.
- Funds reported $3.28B of Commercial Metals stock for Q2 2021, down 2.1% quarter-over-quarter.
- 26 funds opened new Commercial Metals positions in Q2 2021 and 32 closed out, a net change of -6 holders.
- The largest Commercial Metals buyer in Q2 2021 was W.R. Berkley Corp, an estimated $26.9M added.
- The largest Commercial Metals seller in Q2 2021 was AQR Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2021.