Constellium
CSTM
134 hedge funds and large institutions have $892M invested in Constellium in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 38 increasing their positions, 54 reducing their positions, and 35 closing their positions.
201% more call options, than puts
Call options by funds: $25.4M | Put options by funds: $8.45M
41% more capital invested
Capital invested by funds: $631M → $892M (+$261M)
3% less funds holding
Funds holding: 138 → 134 (-4)
3.55% less ownership
Funds ownership: 87.7% → 84.15% (-3.6%)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
30% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 54
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$27M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$12.4M |
| 3 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$11.9M |
| 4 |
Goldman Sachs
New York
|
+$11.8M |
| 5 |
SC
Samlyn Capital
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$14.8M |
| 2 |
Morgan Stanley
New York
|
-$12.6M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$11.9M |
| 4 |
DCP
Diameter Capital Partners
New York
|
-$10.2M |
| 5 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$9.32M |
CSTM Hedge Fund Activity: Q2 2020 in Review
134 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q2 2020, worth a combined $892M — up 41% from $631M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of CSTM and 31 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 38 added.
The largest buyer was Oberweis Asset Management, opening a new position worth an estimated $27M. The largest seller was BlackRock, cutting an estimated $14.8M.
- 134 institutional investors held Constellium (CSTM) as of Q2 2020, down from 138 in Q1 2020.
- Funds reported $892M of Constellium stock for Q2 2020, up 41% quarter-over-quarter.
- 31 funds opened new Constellium positions in Q2 2020 and 35 closed out, a net change of -4 holders.
- The largest Constellium buyer in Q2 2020 was Oberweis Asset Management, an estimated $27M added.
- The largest Constellium seller in Q2 2020 was BlackRock, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2020.