Constellium
CSTM
121 hedge funds and large institutions have $1.59B invested in Constellium in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 55 increasing their positions, 28 reducing their positions, and 23 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 28
21% more capital invested
Capital invested by funds: $1.31B → $1.59B (+$277M)
2% more funds holding
Funds holding: 119 → 121 (+2)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
1.54% less ownership
Funds ownership: 76.03% → 74.49% (-1.5%)
64% less call options, than puts
Call options by funds: $1.66M | Put options by funds: $4.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SeaStone Capital Management
New York
|
+$24.8M |
| 2 |
Millennium Management
New York
|
+$22.8M |
| 3 |
Jennison Associates
New York
|
+$18.4M |
| 4 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
+$8.13M |
| 5 |
VAM
Visium Asset Management
New York
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$32M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$15.6M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$15M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$14.3M |
CSTM Hedge Fund Activity: Q1 2015 in Review
121 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q1 2015, worth a combined $1.59B — up 21% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CSTM positions and 23 closed out — a net gain of 2 holders — while 55 added to existing stakes and 28 trimmed.
The largest buyer was SeaStone Capital Management, opening a new position worth an estimated $24.8M. The largest seller was Wellington Management Group, cutting an estimated $32M.
- 121 institutional investors held Constellium (CSTM) as of Q1 2015, up from 119 in Q4 2014.
- Funds reported $1.59B of Constellium stock for Q1 2015, up 21% quarter-over-quarter.
- 25 funds opened new Constellium positions in Q1 2015 and 23 closed out, a net change of +2 holders.
- The largest Constellium buyer in Q1 2015 was SeaStone Capital Management, an estimated $24.8M added.
- The largest Constellium seller in Q1 2015 was Wellington Management Group, an estimated $32M sold.
Based on aggregated 13F filings for Q1 2015.