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Companhia Siderúrgica Nacional

98 hedge funds and large institutions have $322M invested in Companhia Siderúrgica Nacional in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 36 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more capital invested

Capital invested by funds: $236M → $322M (+$86.4M)

0.66% less ownership

Funds ownership: 5.84%5.18% (-0.66%)

5% less funds holding

Funds holding: 10398 (-5)

17% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 36

22% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 18

75% less call options, than puts

Call options by funds: $3.55M | Put options by funds: $14.5M

Holders
98
Holders Change
-5
Holders Change %
-4.85%
% of All Funds
3.18%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
30
Reduced
36
Closed
18
Calls
$3.55M
Puts
$14.5M
Net Calls
-$10.9M
Net Calls Change
-$4.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$58.4M -$1.23M -359,112 -3%
Principal Financial Group
2
Principal Financial Group
Iowa
$26.5M +$21.2M +6,197,965 New
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$21.7M +$6.87M +2,008,353 +65%
Bank of America
4
Bank of America
North Carolina
$20.7M -$3.17M -927,451 -16%
CS
5
Credit Suisse
Switzerland
$13.5M -$8.06M -2,357,723 -43%
Macquarie Group
6
Macquarie Group
Australia
$12.7M
Morgan Stanley
7
Morgan Stanley
New York
$12.5M -$2.16M -631,654 -18%
GC
8
Guggenheim Capital
Illinois
$10.9M +$6.84M +2,000,793 +357%
State Street
9
State Street
Massachusetts
$9.55M -$686K -200,559 -8%
BFA
10
BlackRock Fund Advisors
California
$9.06M -$383K -111,994 -5%
Goldman Sachs
11
Goldman Sachs
New York
$8.83M +$5.46M +1,597,071 +341%
Bank of Nova Scotia
12
Bank of Nova Scotia
Ontario, Canada
$8.54M -$3.42M -1,000,000 -33%
HSBC Holdings
13
HSBC Holdings
United Kingdom
$8.07M -$6.62M -1,936,743 -51%
Canada Pension Plan Investment Board
14
Canada Pension Plan Investment Board
Ontario, Canada
$7.71M
Deutsche Bank
15
Deutsche Bank
Germany
$6.93M -$3.3M -965,188 -37%
CA
16
Commerzbank Aktiengesellschaft
Germany
$6.67M -$2.19M -641,293 -29%
Grantham, Mayo, Van Otterloo & Co (GMO)
17
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.59M +$5.27M +1,543,100 New
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$6.1M -$2.44M -712,570 -33%
Barclays
19
Barclays
United Kingdom
$5.76M -$10.7M -3,134,401 -69%
VanEck Associates
20
VanEck Associates
New York
$5.55M -$1.06M -310,504 -19%
PPA
21
Parametric Portfolio Associates
Washington
$4.08M -$690K -201,738 -17%
AAM
22
Advisors Asset Management
Colorado
$4.04M +$733K +214,321 +29%
CR
23
Cooperatieve Rabobank
Netherlands
$4M +$808K +236,269 +34%
BG
24
BlackRock Group
United Kingdom
$3.86M
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$3.53M -$7.44M -2,177,560 -72%

SID Hedge Fund Activity: Q3 2013 in Review

98 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Companhia Siderúrgica Nacional (SID) for Q3 2013, worth a combined $322M — up 37% from $236M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of SID and 14 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 30 added.

The largest buyer was Principal Financial Group, opening a new position worth an estimated $21.2M. The largest seller was Renaissance Technologies, cutting an estimated $14.8M.

  • 98 institutional investors held Companhia Siderúrgica Nacional (SID) as of Q3 2013, down from 103 in Q2 2013.
  • Funds reported $322M of Companhia Siderúrgica Nacional stock for Q3 2013, up 37% quarter-over-quarter.
  • 14 funds opened new Companhia Siderúrgica Nacional positions in Q3 2013 and 18 closed out, a net change of -4 holders.
  • The largest Companhia Siderúrgica Nacional buyer in Q3 2013 was Principal Financial Group, an estimated $21.2M added.
  • The largest Companhia Siderúrgica Nacional seller in Q3 2013 was Renaissance Technologies, an estimated $14.8M sold.

Based on aggregated 13F filings for Q3 2013.