Companhia Siderúrgica Nacional
123 hedge funds and large institutions have $223M invested in Companhia Siderúrgica Nacional in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 42 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
12% more funds holding
Funds holding: 110 → 123 (+13)
0.36% less ownership
Funds ownership: 4.09% → 3.73% (-0.36%)
4% less capital invested
Capital invested by funds: $233M → $223M (-$10M)
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
17% less call options, than puts
Call options by funds: $903K | Put options by funds: $1.08M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.8M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.74M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.97M |
| 5 |
Two Sigma Investments
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$38.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.15M |
| 3 |
JP Morgan Chase
New York
|
-$6.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.43M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.81M |
SID Hedge Fund Activity: Q2 2019 in Review
123 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Companhia Siderúrgica Nacional (SID) for Q2 2019, worth a combined $223M — down 4.3% from $233M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SID positions and 14 closed out — a net gain of 13 holders — while 37 added to existing stakes and 42 trimmed.
The largest buyer was Millennium Management, adding an estimated $10.2M. The largest seller was Capital Growth Management, cutting an estimated $38.7M.
- 123 institutional investors held Companhia Siderúrgica Nacional (SID) as of Q2 2019, up from 110 in Q1 2019.
- Funds reported $223M of Companhia Siderúrgica Nacional stock for Q2 2019, down 4.3% quarter-over-quarter.
- 27 funds opened new Companhia Siderúrgica Nacional positions in Q2 2019 and 14 closed out, a net change of +13 holders.
- The largest Companhia Siderúrgica Nacional buyer in Q2 2019 was Millennium Management, an estimated $10.2M added.
- The largest Companhia Siderúrgica Nacional seller in Q2 2019 was Capital Growth Management, an estimated $38.7M sold.
Based on aggregated 13F filings for Q2 2019.