Constellium
CSTM
143 hedge funds and large institutions have $1.14B invested in Constellium in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 52 reducing their positions, and 21 closing their positions.
123% more call options, than puts
Call options by funds: $6.12M | Put options by funds: $2.75M
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
19% more capital invested
Capital invested by funds: $955M → $1.14B (+$186M)
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
0.2% less ownership
Funds ownership: 68.86% → 68.65% (-0.2%)
3% less funds holding
Funds holding: 148 → 143 (-5)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.1M |
| 2 |
Goldman Sachs
New York
|
+$9.97M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.9M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$9.81M |
| 5 |
DCP
Diameter Capital Partners
New York
|
+$7.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$9.38M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$8.19M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$8.17M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$6.46M |
| 5 |
ICM
Ionic Capital Management
New York
|
-$4.88M |
CSTM Hedge Fund Activity: Q3 2018 in Review
143 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q3 2018, worth a combined $1.14B — up 19% from $955M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CSTM and 16 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 52 added.
The largest buyer was Millennium Management, adding an estimated $20.1M. The largest seller was Marshall Wace North America, cutting an estimated $9.38M.
- 143 institutional investors held Constellium (CSTM) as of Q3 2018, down from 148 in Q2 2018.
- Funds reported $1.14B of Constellium stock for Q3 2018, up 19% quarter-over-quarter.
- 16 funds opened new Constellium positions in Q3 2018 and 21 closed out, a net change of -5 holders.
- The largest Constellium buyer in Q3 2018 was Millennium Management, an estimated $20.1M added.
- The largest Constellium seller in Q3 2018 was Marshall Wace North America, an estimated $9.38M sold.
Based on aggregated 13F filings for Q3 2018.