Constellium
CSTM
151 hedge funds and large institutions have $2.47B invested in Constellium in 2014 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 56 increasing their positions, 20 reducing their positions, and 9 closing their positions.
700% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 9
180% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 20
177% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $5.72M
125% more capital invested
Capital invested by funds: $1.1B → $2.47B (+$1.37B)
68% more funds holding
Funds holding: 90 → 151 (+61)
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
34.82% more ownership
Funds ownership: 45.92% → 80.74% (+35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$139M |
| 2 |
Goldman Sachs
New York
|
+$70.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.7M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
+$59.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$52.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$16M |
| 2 |
AHC
Adams Hill Capital
Westport,
Connecticut
|
-$14.1M |
| 3 |
Jennison Associates
New York
|
-$8.27M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$6.27M |
| 5 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$6.19M |
CSTM Hedge Fund Activity: Q1 2014 in Review
151 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q1 2014, worth a combined $2.47B — up 125% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new CSTM positions and 9 closed out — a net gain of 63 holders — while 56 added to existing stakes and 20 trimmed.
The largest buyer was Jana Partners, opening a new position worth an estimated $139M. The largest seller was Citadel Advisors, cutting an estimated $16M.
- 151 institutional investors held Constellium (CSTM) as of Q1 2014, up from 90 in Q4 2013.
- Funds reported $2.47B of Constellium stock for Q1 2014, up 125% quarter-over-quarter.
- 72 funds opened new Constellium positions in Q1 2014 and 9 closed out, a net change of +63 holders.
- The largest Constellium buyer in Q1 2014 was Jana Partners, an estimated $139M added.
- The largest Constellium seller in Q1 2014 was Citadel Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2014.