Constellium
CSTM
135 hedge funds and large institutions have $1.69B invested in Constellium in 2020 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 52 reducing their positions, and 20 closing their positions.
1,231% more call options, than puts
Call options by funds: $54M | Put options by funds: $4.05M
85% more capital invested
Capital invested by funds: $915M → $1.69B (+$775M)
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
5% more funds holding
Funds holding: 129 → 135 (+6)
2.65% more ownership
Funds ownership: 85.03% → 87.68% (+2.6%)
21% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.3M |
| 2 |
Bank of New York Mellon
New York
|
+$18.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.4M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$11.9M |
| 5 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$9.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$10.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$10M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.74M |
| 4 |
Morgan Stanley
New York
|
-$7.79M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$5.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
151
Cutler Group
San Francisco,
California
| – | -$156K | -13,800 | Closed |
|
|
GAM
152
Griffin Asset Management
New York
| – | -$89K | -11,300 | Closed |
|
153
Citigroup
New York
| – | -$19K | -2,360 | Closed |
|
|
CTC
154
Central Trust Company
Jefferson City,
Missouri
| – | -$10K | -1,300 | Closed |
|
|
PP
155
Pacifica Partners
Surrey,
Canada
| – | -$2K | -200 | Closed |
|
CSTM Hedge Fund Activity: Q4 2020 in Review
135 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q4 2020, worth a combined $1.69B — up 85% from $915M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CSTM positions and 20 closed out — a net gain of 7 holders — while 41 added to existing stakes and 52 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $33.3M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $10.5M.
- 135 institutional investors held Constellium (CSTM) as of Q4 2020, up from 129 in Q3 2020.
- Funds reported $1.69B of Constellium stock for Q4 2020, up 85% quarter-over-quarter.
- 27 funds opened new Constellium positions in Q4 2020 and 20 closed out, a net change of +7 holders.
- The largest Constellium buyer in Q4 2020 was T. Rowe Price Associates, an estimated $33.3M added.
- The largest Constellium seller in Q4 2020 was Vaughan Nelson Investment Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2020.