Constellium
CSTM
162 hedge funds and large institutions have $2.39B invested in Constellium in 2021 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
8% more funds holding
Funds holding: 150 → 162 (+12)
3% less capital invested
Capital invested by funds: $2.46B → $2.39B (-$65.3M)
8% less call options, than puts
Call options by funds: $76.8M | Put options by funds: $83.7M
1.7% less ownership
Funds ownership: 92.66% → 90.97% (-1.7%)
18% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 62
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lancaster Investment Management
London,
United Kingdom
|
+$40M |
| 2 |
BlackRock
New York
|
+$27.1M |
| 3 |
Goldman Sachs
New York
|
+$21.9M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$21M |
| 5 |
Janus Henderson Group
London,
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$57.2M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$43.1M |
| 3 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$35.4M |
| 4 |
DP
DSAM Partners
London,
United Kingdom
|
-$12.8M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$11.6M |
CSTM Hedge Fund Activity: Q3 2021 in Review
162 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q3 2021, worth a combined $2.39B — down 2.7% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CSTM positions and 15 closed out — a net gain of 14 holders — while 51 added to existing stakes and 62 trimmed.
The largest buyer was Lancaster Investment Management, opening a new position worth an estimated $40M. The largest seller was Sachem Head Capital Management, cutting an estimated $57.2M.
- 162 institutional investors held Constellium (CSTM) as of Q3 2021, up from 150 in Q2 2021.
- Funds reported $2.39B of Constellium stock for Q3 2021, down 2.7% quarter-over-quarter.
- 29 funds opened new Constellium positions in Q3 2021 and 15 closed out, a net change of +14 holders.
- The largest Constellium buyer in Q3 2021 was Lancaster Investment Management, an estimated $40M added.
- The largest Constellium seller in Q3 2021 was Sachem Head Capital Management, an estimated $57.2M sold.
Based on aggregated 13F filings for Q3 2021.