Commercial Metals
427 hedge funds and large institutions have $5.85B invested in Commercial Metals in 2025 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 152 increasing their positions, 144 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: 404 → 427 (+23)
10% more call options, than puts
Call options by funds: $37.9M | Put options by funds: $34.4M
6% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 144
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.06% less ownership
Funds ownership: 92.36% → 91.3% (-1.1%)
11% less capital inflows, than outflows
Capital inflows: $386M | Capital outflows: $433M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vaughan Nelson Investment Management
Houston,
Texas
|
+$52.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.1M |
| 3 |
Merewether Investment Management
Dallas,
Texas
|
+$25.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$24.8M |
| 5 |
Morgan Stanley
New York
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$44.9M |
| 2 |
Encompass Capital Advisors
New York
|
-$34.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$27.9M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$26M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$18.2M |
CMC Hedge Fund Activity: Q3 2025 in Review
427 of the 7,652 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q3 2025, worth a combined $5.85B — up 16% from $5.06B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new CMC positions and 38 closed out — a net gain of 28 holders — while 152 added to existing stakes and 144 trimmed.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $52.5M. The largest seller was Citadel Advisors, cutting an estimated $44.9M.
- 427 institutional investors held Commercial Metals (CMC) as of Q3 2025, up from 404 in Q2 2025.
- Funds reported $5.85B of Commercial Metals stock for Q3 2025, up 16% quarter-over-quarter.
- 66 funds opened new Commercial Metals positions in Q3 2025 and 38 closed out, a net change of +28 holders.
- The largest Commercial Metals buyer in Q3 2025 was Vaughan Nelson Investment Management, an estimated $52.5M added.
- The largest Commercial Metals seller in Q3 2025 was Citadel Advisors, an estimated $44.9M sold.
Based on aggregated 13F filings for Q3 2025.