Constellium
CSTM
118 hedge funds and large institutions have $413M invested in Constellium in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3% more funds holding
Funds holding: 115 → 118 (+3)
0% more capital invested
Capital invested by funds: $412M → $413M (+$771K)
2% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 41
3.31% less ownership
Funds ownership: 59.99% → 56.68% (-3.3%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
29% less call options, than puts
Call options by funds: $1.33M | Put options by funds: $1.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$14.4M |
| 2 |
BCM
Brigade Capital Management
New York
|
+$9.77M |
| 3 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$3.69M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.2M |
| 5 |
Morgan Stanley
New York
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.7M |
| 2 |
MCO
MAK Capital One
New York
|
-$10.1M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.21M |
| 4 |
SPCM
Sound Point Capital Management
New York
|
-$7.01M |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$5.58M |
CSTM Hedge Fund Activity: Q2 2017 in Review
118 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q2 2017, worth a combined $413M — up 0.19% from $412M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CSTM positions and 14 closed out — a net gain of 3 holders — while 40 added to existing stakes and 41 trimmed.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $14.4M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $13.7M sold.
- 118 institutional investors held Constellium (CSTM) as of Q2 2017, up from 115 in Q1 2017.
- Funds reported $413M of Constellium stock for Q2 2017, up 0.19% quarter-over-quarter.
- 17 funds opened new Constellium positions in Q2 2017 and 14 closed out, a net change of +3 holders.
- The largest Constellium buyer in Q2 2017 was Evermore Global Advisors, an estimated $14.4M added.
- The largest Constellium seller in Q2 2017 was T. Rowe Price Associates, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2017.