Constellium
CSTM
189 hedge funds and large institutions have $2.46B invested in Constellium in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 68 increasing their positions, 70 reducing their positions, and 21 closing their positions.
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
2% more funds holding
Funds holding: 186 → 189 (+3)
5% more capital invested
Capital invested by funds: $2.34B → $2.46B (+$117M)
0.59% less ownership
Funds ownership: 94.27% → 93.68% (-0.59%)
3% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 70
5% less call options, than puts
Call options by funds: $14.3M | Put options by funds: $15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$17.3M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$15.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$9.92M |
| 4 |
BCM
Brightline Capital Management
Miami,
Florida
|
+$8.5M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$38.4M |
| 2 |
BlackRock
New York
|
-$11.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$11.3M |
| 4 |
Goldman Sachs
New York
|
-$7.67M |
| 5 |
NTCM
Nut Tree Capital Management
New York
|
-$7.05M |
CSTM Hedge Fund Activity: Q3 2023 in Review
189 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Constellium (CSTM) for Q3 2023, worth a combined $2.46B — up 5% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CSTM positions and 21 closed out — a net gain of 3 holders — while 68 added to existing stakes and 70 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $17.3M. The largest seller was Bank of New York Mellon, cutting an estimated $38.4M.
- 189 institutional investors held Constellium (CSTM) as of Q3 2023, up from 186 in Q2 2023.
- Funds reported $2.46B of Constellium stock for Q3 2023, up 5% quarter-over-quarter.
- 24 funds opened new Constellium positions in Q3 2023 and 21 closed out, a net change of +3 holders.
- The largest Constellium buyer in Q3 2023 was Principal Financial Group, an estimated $17.3M added.
- The largest Constellium seller in Q3 2023 was Bank of New York Mellon, an estimated $38.4M sold.
Based on aggregated 13F filings for Q3 2023.