Commercial Metals
506 hedge funds and large institutions have $6.33B invested in Commercial Metals in 2026 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 193 increasing their positions, 133 reducing their positions, and 54 closing their positions.
96% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $9.99M
83% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 54
45% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 133
8% more funds holding
Funds holding: 470 → 506 (+36)
0.82% more ownership
Funds ownership: 92.07% → 92.9% (+0.82%)
11% less capital invested
Capital invested by funds: $7.08B → $6.33B (-$750M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$65.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$55M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$52.2M |
| 5 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$93.4M |
| 2 |
Millennium Management
New York
|
-$86.5M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$60.8M |
| 4 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$50.6M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$41.5M |
CMC Hedge Fund Activity: Q1 2026 in Review
506 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Commercial Metals (CMC) for Q1 2026, worth a combined $6.33B — down 11% from $7.08B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new CMC positions and 54 closed out — a net gain of 45 holders — while 193 added to existing stakes and 133 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $89.9M. The largest seller was American Century Companies, cutting an estimated $93.4M.
- 506 institutional investors held Commercial Metals (CMC) as of Q1 2026, up from 470 in Q4 2025.
- Funds reported $6.33B of Commercial Metals stock for Q1 2026, down 11% quarter-over-quarter.
- 99 funds opened new Commercial Metals positions in Q1 2026 and 54 closed out, a net change of +45 holders.
- The largest Commercial Metals buyer in Q1 2026 was Fidelity Investments, an estimated $89.9M added.
- The largest Commercial Metals seller in Q1 2026 was American Century Companies, an estimated $93.4M sold.
Based on aggregated 13F filings for Q1 2026.