Commercial Metals
454 hedge funds and large institutions have $4.92B invested in Commercial Metals in 2023 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 163 increasing their positions, 162 reducing their positions, and 38 closing their positions.
74% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 38
6% more funds holding
Funds holding: 430 → 454 (+24)
1% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 162
0.49% more ownership
Funds ownership: 84.6% → 85.08% (+0.49%)
5% less capital invested
Capital invested by funds: $5.21B → $4.92B (-$286M)
33% less call options, than puts
Call options by funds: $35.8M | Put options by funds: $53.6M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$28.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.5M |
| 4 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$25.2M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$51.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$40.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$22.8M |
| 5 |
Man Group
London,
United Kingdom
|
-$15M |
CMC Hedge Fund Activity: Q3 2023 in Review
454 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2023, worth a combined $4.92B — down 5.5% from $5.21B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new CMC positions and 38 closed out — a net gain of 28 holders — while 163 added to existing stakes and 162 trimmed.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $28.7M. The largest seller was W.R. Berkley Corp, cutting an estimated $51.1M.
- 454 institutional investors held Commercial Metals (CMC) as of Q3 2023, up from 430 in Q2 2023.
- Funds reported $4.92B of Commercial Metals stock for Q3 2023, down 5.5% quarter-over-quarter.
- 66 funds opened new Commercial Metals positions in Q3 2023 and 38 closed out, a net change of +28 holders.
- The largest Commercial Metals buyer in Q3 2023 was Fuller & Thaler Asset Management, an estimated $28.7M added.
- The largest Commercial Metals seller in Q3 2023 was W.R. Berkley Corp, an estimated $51.1M sold.
Based on aggregated 13F filings for Q3 2023.