Constellium
CSTM
181 hedge funds and large institutions have $2.04B invested in Constellium in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 24 closing their positions.
30% more capital invested
Capital invested by funds: $1.57B → $2.04B (+$472M)
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
0% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 68
8% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 24
1.27% less ownership
Funds ownership: 93.72% → 92.45% (-1.3%)
2% less funds holding
Funds holding: 184 → 181 (-3)
38% less call options, than puts
Call options by funds: $6.6M | Put options by funds: $10.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$44M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$43.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.2M |
| 4 |
Goldman Sachs
New York
|
+$9.25M |
| 5 |
CC
Cannell & Co
New York
|
+$9.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$26.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$21.5M |
| 3 |
SC
Samlyn Capital
New York
|
-$16.3M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$12.5M |
| 5 |
BlackRock
New York
|
-$11.8M |
CSTM Hedge Fund Activity: Q1 2023 in Review
181 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q1 2023, worth a combined $2.04B — up 30% from $1.57B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CSTM and 22 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 68 added.
The largest buyer was Jennison Associates, adding an estimated $44M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $26.9M.
- 181 institutional investors held Constellium (CSTM) as of Q1 2023, down from 184 in Q4 2022.
- Funds reported $2.04B of Constellium stock for Q1 2023, up 30% quarter-over-quarter.
- 22 funds opened new Constellium positions in Q1 2023 and 24 closed out, a net change of -2 holders.
- The largest Constellium buyer in Q1 2023 was Jennison Associates, an estimated $44M added.
- The largest Constellium seller in Q1 2023 was Vaughan Nelson Investment Management, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2023.