Constellium
CSTM
150 hedge funds and large institutions have $958M invested in Constellium in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 65 reducing their positions, and 19 closing their positions.
226% more call options, than puts
Call options by funds: $6.72M | Put options by funds: $2.06M
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
3.27% more ownership
Funds ownership: 62.45% → 65.73% (+3.3%)
1% more funds holding
Funds holding: 148 → 150 (+2)
2% more capital invested
Capital invested by funds: $937M → $958M (+$21M)
34% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$48.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.6M |
| 3 |
BlackRock
New York
|
+$16M |
| 4 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$15.6M |
| 5 |
GAM
Goldentree Asset Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$13M |
| 2 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$12.8M |
| 3 |
Janus Henderson Group
London,
|
-$9.22M |
| 4 |
D.E. Shaw & Co
New York
|
-$9.14M |
| 5 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$8.72M |
CSTM Hedge Fund Activity: Q1 2018 in Review
150 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q1 2018, worth a combined $958M — up 2.2% from $937M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CSTM positions and 19 closed out — a net gain of 4 holders — while 43 added to existing stakes and 65 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $48.8M. The largest seller was Primecap Management, exiting entirely with an estimated $13M sold.
- 150 institutional investors held Constellium (CSTM) as of Q1 2018, up from 148 in Q4 2017.
- Funds reported $958M of Constellium stock for Q1 2018, up 2.2% quarter-over-quarter.
- 23 funds opened new Constellium positions in Q1 2018 and 19 closed out, a net change of +4 holders.
- The largest Constellium buyer in Q1 2018 was Park West Asset Management, an estimated $48.8M added.
- The largest Constellium seller in Q1 2018 was Primecap Management, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2018.