Commercial Metals
277 hedge funds and large institutions have $3.18B invested in Commercial Metals in 2021 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 79 increasing their positions, 123 reducing their positions, and 22 closing their positions.
268% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $4.33M
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
4% more funds holding
Funds holding: 267 → 277 (+10)
3% less capital invested
Capital invested by funds: $3.28B → $3.18B (-$98M)
1.91% less ownership
Funds ownership: 88.46% → 86.55% (-1.9%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
36% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$39.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$33.9M |
| 3 |
Millennium Management
New York
|
+$26.9M |
| 4 |
EIP
Easterly Investment Partners
Beverly,
Massachusetts
|
+$20.6M |
| 5 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$56.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$21.2M |
| 3 |
BlackRock
New York
|
-$13.9M |
| 4 |
Morgan Stanley
New York
|
-$13.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$13.7M |
CMC Hedge Fund Activity: Q3 2021 in Review
277 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2021, worth a combined $3.18B — down 3% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CMC positions and 22 closed out — a net gain of 14 holders — while 79 added to existing stakes and 123 trimmed.
The largest buyer was W.R. Berkley Corp, adding an estimated $39.8M. The largest seller was AllianceBernstein, cutting an estimated $56.3M.
- 277 institutional investors held Commercial Metals (CMC) as of Q3 2021, up from 267 in Q2 2021.
- Funds reported $3.18B of Commercial Metals stock for Q3 2021, down 3% quarter-over-quarter.
- 36 funds opened new Commercial Metals positions in Q3 2021 and 22 closed out, a net change of +14 holders.
- The largest Commercial Metals buyer in Q3 2021 was W.R. Berkley Corp, an estimated $39.8M added.
- The largest Commercial Metals seller in Q3 2021 was AllianceBernstein, an estimated $56.3M sold.
Based on aggregated 13F filings for Q3 2021.