Commercial Metals
399 hedge funds and large institutions have $4.45B invested in Commercial Metals in 2022 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 115 increasing their positions, 151 reducing their positions, and 25 closing their positions.
276% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 25
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
23% more capital invested
Capital invested by funds: $3.61B → $4.45B (+$838M)
18% more funds holding
Funds holding: 339 → 399 (+60)
5.95% less ownership
Funds ownership: 84.47% → 78.51% (-6%)
24% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 151
40% less call options, than puts
Call options by funds: $25.6M | Put options by funds: $42.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$82.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$24.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$12.6M |
| 4 |
AIP
ARS Investment Partners
New York
|
+$11.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.7M |
| 2 |
Millennium Management
New York
|
-$42.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$32.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$22.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$18.8M |
CMC Hedge Fund Activity: Q4 2022 in Review
399 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q4 2022, worth a combined $4.45B — up 23% from $3.61B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new CMC positions and 25 closed out — a net gain of 69 holders — while 115 added to existing stakes and 151 trimmed.
The largest buyer was BlackRock, adding an estimated $82.7M. The largest seller was Fidelity Investments, cutting an estimated $49.7M.
- 399 institutional investors held Commercial Metals (CMC) as of Q4 2022, up from 339 in Q3 2022.
- Funds reported $4.45B of Commercial Metals stock for Q4 2022, up 23% quarter-over-quarter.
- 94 funds opened new Commercial Metals positions in Q4 2022 and 25 closed out, a net change of +69 holders.
- The largest Commercial Metals buyer in Q4 2022 was BlackRock, an estimated $82.7M added.
- The largest Commercial Metals seller in Q4 2022 was Fidelity Investments, an estimated $49.7M sold.
Based on aggregated 13F filings for Q4 2022.