Constellium
CSTM
165 hedge funds and large institutions have $1.68B invested in Constellium in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 62 reducing their positions, and 24 closing their positions.
131% more call options, than puts
Call options by funds: $8.47M | Put options by funds: $3.67M
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
15% more capital invested
Capital invested by funds: $1.46B → $1.68B (+$221M)
6.28% more ownership
Funds ownership: 84.91% → 91.19% (+6.3%)
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
2% more funds holding
Funds holding: 162 → 165 (+3)
5% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 62
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$54.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$25.2M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$18.4M |
| 4 |
Bank of New York Mellon
New York
|
+$15.4M |
| 5 |
BC
Beaconlight Capital
New York
|
+$14.8M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$20.7M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$15.6M |
| 3 |
DCP
Diameter Capital Partners
New York
|
-$12.1M |
| 4 |
NTCM
Nut Tree Capital Management
New York
|
-$8.75M |
| 5 |
JP Morgan Chase
New York
|
-$8.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
BNP Paribas Asset Management
Paris,
France
| – | -$539K | -42,372 | Closed |
|
|
XK
177
Xact Kapitalforvaltning
Stockholm,
Sweden
| – | -$375K | -29,500 | Closed |
|
|
TI
178
Trexquant Investment
Stamford,
Connecticut
| – | -$322K | -25,314 | Closed |
|
|
LI
179
Leap Investments
Chicago,
Illinois
| – | -$259K | -20,400 | Closed |
|
|
BCM
180
Bayesian Capital Management
Brooklyn,
New York
| – | -$208K | -16,400 | Closed |
|
|
EGM
181
Engineers Gate Manager
New York
| – | -$205K | -16,140 | Closed |
|
|
QCMC
182
Quantum Capital Management (California)
San Francisco,
California
| – | -$118K | -9,262 | Closed |
|
183
Walleye Trading
New York
| – | -$72K | -5,700 | Closed |
|
|
PAM
184
Panagora Asset Management
Boston,
Massachusetts
| – | -$23K | -1,833 | Closed |
|
|
SPIA
185
Steward Partners Investment Advisory
New York
| – | -$14K | -1,104 | Closed |
|
|
EWM
186
Endurance Wealth Management
Providence,
Rhode Island
| – | -$10K | -800 | Closed |
|
|
OSAM
187
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$828 | -60 | -76% |
|
CSTM Hedge Fund Activity: Q4 2019 in Review
165 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q4 2019, worth a combined $1.68B — up 15% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CSTM positions and 24 closed out — a net gain of 6 holders — while 59 added to existing stakes and 62 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $54.5M. The largest seller was Millennium Management, cutting an estimated $20.7M.
- 165 institutional investors held Constellium (CSTM) as of Q4 2019, up from 162 in Q3 2019.
- Funds reported $1.68B of Constellium stock for Q4 2019, up 15% quarter-over-quarter.
- 30 funds opened new Constellium positions in Q4 2019 and 24 closed out, a net change of +6 holders.
- The largest Constellium buyer in Q4 2019 was Morgan Stanley, an estimated $54.5M added.
- The largest Constellium seller in Q4 2019 was Millennium Management, an estimated $20.7M sold.
Based on aggregated 13F filings for Q4 2019.