Constellium
CSTM
158 hedge funds and large institutions have $2.07B invested in Constellium in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 55 reducing their positions, and 29 closing their positions.
69% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $7.52M
24% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 55
0.63% more ownership
Funds ownership: 79.34% → 79.98% (+0.63%)
4% less funds holding
Funds holding: 165 → 158 (-7)
22% less capital invested
Capital invested by funds: $2.65B → $2.07B (-$580M)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$56.3M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$40M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$23.1M |
| 5 |
Renaissance Technologies
New York
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$54M |
| 2 |
JP
Jana Partners
New York
|
-$25M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$20.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$19.1M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
-$16M |
CSTM Hedge Fund Activity: Q3 2014 in Review
158 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q3 2014, worth a combined $2.07B — down 22% from $2.65B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CSTM and 22 opened new positions — a net loss of 7 holders — while 55 trimmed existing stakes and 68 added.
The largest buyer was American Century Companies, adding an estimated $56.3M. The largest seller was Goldman Sachs, cutting an estimated $54M.
- 158 institutional investors held Constellium (CSTM) as of Q3 2014, down from 165 in Q2 2014.
- Funds reported $2.07B of Constellium stock for Q3 2014, down 22% quarter-over-quarter.
- 22 funds opened new Constellium positions in Q3 2014 and 29 closed out, a net change of -7 holders.
- The largest Constellium buyer in Q3 2014 was American Century Companies, an estimated $56.3M added.
- The largest Constellium seller in Q3 2014 was Goldman Sachs, an estimated $54M sold.
Based on aggregated 13F filings for Q3 2014.