Companhia Siderúrgica Nacional
110 hedge funds and large institutions have $170M invested in Companhia Siderúrgica Nacional in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 27 closing their positions.
223% more call options, than puts
Call options by funds: $291K | Put options by funds: $90K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
0.14% more ownership
Funds ownership: 3.73% → 3.87% (+0.14%)
11% less funds holding
Funds holding: 123 → 110 (-13)
24% less capital invested
Capital invested by funds: $223M → $170M (-$53.3M)
44% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.6M |
| 2 |
JP Morgan Chase
New York
|
+$9.5M |
| 3 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$8.21M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.1M |
| 5 |
Renaissance Technologies
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$14.2M |
| 2 |
Millennium Management
New York
|
-$9.9M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$8.62M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$3.28M |
| 5 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$2.35M |
SID Hedge Fund Activity: Q3 2019 in Review
110 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Companhia Siderúrgica Nacional (SID) for Q3 2019, worth a combined $170M — down 24% from $223M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SID and 15 opened new positions — a net loss of 12 holders — while 32 trimmed existing stakes and 38 added.
The largest buyer was Morgan Stanley, adding an estimated $11.6M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $14.2M sold.
- 110 institutional investors held Companhia Siderúrgica Nacional (SID) as of Q3 2019, down from 123 in Q2 2019.
- Funds reported $170M of Companhia Siderúrgica Nacional stock for Q3 2019, down 24% quarter-over-quarter.
- 15 funds opened new Companhia Siderúrgica Nacional positions in Q3 2019 and 27 closed out, a net change of -12 holders.
- The largest Companhia Siderúrgica Nacional buyer in Q3 2019 was Morgan Stanley, an estimated $11.6M added.
- The largest Companhia Siderúrgica Nacional seller in Q3 2019 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2019.