Commercial Metals
422 hedge funds and large institutions have $5.61B invested in Commercial Metals in 2024 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 173 increasing their positions, 133 reducing their positions, and 49 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 133
12% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 49
2.59% more ownership
Funds ownership: 86.18% → 88.77% (+2.6%)
0% more funds holding
Funds holding: 422 → 422 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $5.85B → $5.61B (-$243M)
6% less call options, than puts
Call options by funds: $26.3M | Put options by funds: $27.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$50.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$40.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$24.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$42.7M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$30.6M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$26.9M |
| 4 |
Millennium Management
New York
|
-$25.5M |
| 5 |
AIG
American International Group
New York
|
-$12.4M |
CMC Hedge Fund Activity: Q2 2024 in Review
422 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q2 2024, worth a combined $5.61B — down 4.2% from $5.85B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new CMC positions and 49 closed out — a net gain of 6 holders — while 173 added to existing stakes and 133 trimmed.
The largest buyer was Thompson Siegel & Walmsley, opening a new position worth an estimated $50.3M. The largest seller was Citadel Advisors, cutting an estimated $42.7M.
- 422 institutional investors held Commercial Metals (CMC) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $5.61B of Commercial Metals stock for Q2 2024, down 4.2% quarter-over-quarter.
- 55 funds opened new Commercial Metals positions in Q2 2024 and 49 closed out, a net change of +6 holders.
- The largest Commercial Metals buyer in Q2 2024 was Thompson Siegel & Walmsley, an estimated $50.3M added.
- The largest Commercial Metals seller in Q2 2024 was Citadel Advisors, an estimated $42.7M sold.
Based on aggregated 13F filings for Q2 2024.