Constellium
CSTM
108 hedge funds and large institutions have $493M invested in Constellium in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 22 closing their positions.
43% more capital invested
Capital invested by funds: $344M → $493M (+$149M)
0% more funds holding
Funds holding: 108 → 108 (0)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
3.43% less ownership
Funds ownership: 68.59% → 65.16% (-3.4%)
22% less call options, than puts
Call options by funds: $2.05M | Put options by funds: $2.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
+$18.9M |
| 2 |
D.E. Shaw & Co
New York
|
+$8.18M |
| 3 |
AIM
Assured Investment Management
New York
|
+$7.57M |
| 4 |
MCO
MAK Capital One
New York
|
+$5.12M |
| 5 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.1M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$13.6M |
| 3 |
CC
Clearline Capital
New York
|
-$6.61M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$5.17M |
| 5 |
BC
Beaconlight Capital
New York
|
-$4.68M |
CSTM Hedge Fund Activity: Q3 2016 in Review
108 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q3 2016, worth a combined $493M — up 43% from $344M a quarter earlier.
Fund positioning in CSTM was balanced in Q3 2016: 22 funds opened new positions, 22 closed out, 36 added to existing stakes and 37 trimmed.
The largest buyer was Anchorage Capital Group, opening a new position worth an estimated $18.9M. The largest seller was Adage Capital Partners, cutting an estimated $20.1M.
- 108 institutional investors held Constellium (CSTM) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $493M of Constellium stock for Q3 2016, up 43% quarter-over-quarter.
- 22 funds opened new Constellium positions in Q3 2016 and 22 closed out, a net change of 0 holders.
- The largest Constellium buyer in Q3 2016 was Anchorage Capital Group, an estimated $18.9M added.
- The largest Constellium seller in Q3 2016 was Adage Capital Partners, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2016.