Cemex
207 hedge funds and large institutions have $6.25B invested in Cemex in 2013 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 81 increasing their positions, 54 reducing their positions, and 40 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 54
2% less ownership
Funds ownership: 37.81% → 35.81% (-2%)
3% less funds holding
Funds holding: 213 → 207 (-6)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
16% less capital inflows, than outflows
Capital inflows: $1.2B | Capital outflows: $1.43B
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
80% less call options, than puts
Call options by funds: $305M | Put options by funds: $1.52B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$182M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$121M |
| 3 |
BlackRock Group
London,
United Kingdom
|
+$81M |
| 4 |
Orbis Holdings
Hamilton,
Bermuda
|
+$72.1M |
| 5 |
JCP
Jabre Capital Partners
Geneva,
Switzerland
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$672M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$124M |
| 3 |
LCG
Luxor Capital Group
New York
|
-$85.7M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$67.3M |
| 5 |
NCA
Newbrook Capital Advisors
New York
|
-$44.4M |
CX Hedge Fund Activity: Q3 2013 in Review
207 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cemex (CX) for Q3 2013, worth a combined $6.25B — up 10% from $5.66B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CX and 35 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 81 added.
The largest buyer was Morgan Stanley, adding an estimated $182M. The largest seller was Viking Global Investors, exiting entirely with an estimated $672M sold.
- 207 institutional investors held Cemex (CX) as of Q3 2013, down from 213 in Q2 2013.
- Funds reported $6.25B of Cemex stock for Q3 2013, up 10% quarter-over-quarter.
- 35 funds opened new Cemex positions in Q3 2013 and 40 closed out, a net change of -5 holders.
- The largest Cemex buyer in Q3 2013 was Morgan Stanley, an estimated $182M added.
- The largest Cemex seller in Q3 2013 was Viking Global Investors, an estimated $672M sold.
Based on aggregated 13F filings for Q3 2013.