Constellium
CSTM
148 hedge funds and large institutions have $937M invested in Constellium in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 61 increasing their positions, 37 reducing their positions, and 24 closing their positions.
272% more call options, than puts
Call options by funds: $8.6M | Put options by funds: $2.31M
65% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 37
54% more capital invested
Capital invested by funds: $607M → $937M (+$329M)
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
9% more funds holding
Funds holding: 136 → 148 (+12)
6.37% more ownership
Funds ownership: 56.08% → 62.45% (+6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$44M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35.4M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$23M |
| 4 |
BlackRock
New York
|
+$21.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$31.4M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$18.9M |
| 3 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$9.46M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$6.46M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$4.28M |
CSTM Hedge Fund Activity: Q4 2017 in Review
148 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q4 2017, worth a combined $937M — up 54% from $607M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new CSTM positions and 24 closed out — a net gain of 12 holders — while 61 added to existing stakes and 37 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $44M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $31.4M sold.
- 148 institutional investors held Constellium (CSTM) as of Q4 2017, up from 136 in Q3 2017.
- Funds reported $937M of Constellium stock for Q4 2017, up 54% quarter-over-quarter.
- 36 funds opened new Constellium positions in Q4 2017 and 24 closed out, a net change of +12 holders.
- The largest Constellium buyer in Q4 2017 was Janus Henderson Group, an estimated $44M added.
- The largest Constellium seller in Q4 2017 was Anchorage Capital Group, an estimated $31.4M sold.
Based on aggregated 13F filings for Q4 2017.