Carpenter Technology
188 hedge funds and large institutions have $836M invested in Carpenter Technology in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 69 increasing their positions, 62 reducing their positions, and 62 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 62
2.61% less ownership
Funds ownership: 92.24% → 89.63% (-2.6%)
15% less funds holding
Funds holding: 220 → 188 (-32)
39% less call options, than puts
Call options by funds: $940K | Put options by funds: $1.54M
45% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 62
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less capital invested
Capital invested by funds: $2.19B → $836M (-$1.36B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$14M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$12.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.01M |
| 5 |
Renaissance Technologies
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.5M |
| 2 |
Goldman Sachs
New York
|
-$20.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$17.4M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$13.2M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$10.8M |
CRS Hedge Fund Activity: Q1 2020 in Review
188 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Carpenter Technology (CRS) for Q1 2020, worth a combined $836M — down 62% from $2.19B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of CRS and 34 opened new positions — a net loss of 28 holders — while 62 trimmed existing stakes and 69 added.
The largest buyer was Millennium Management, adding an estimated $17M. The largest seller was Wellington Management Group, cutting an estimated $38.5M.
- 188 institutional investors held Carpenter Technology (CRS) as of Q1 2020, down from 220 in Q4 2019.
- Funds reported $836M of Carpenter Technology stock for Q1 2020, down 62% quarter-over-quarter.
- 34 funds opened new Carpenter Technology positions in Q1 2020 and 62 closed out, a net change of -28 holders.
- The largest Carpenter Technology buyer in Q1 2020 was Millennium Management, an estimated $17M added.
- The largest Carpenter Technology seller in Q1 2020 was Wellington Management Group, an estimated $38.5M sold.
Based on aggregated 13F filings for Q1 2020.