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Companhia Siderúrgica Nacional

110 hedge funds and large institutions have $233M invested in Companhia Siderúrgica Nacional in 2019 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 19 increasing their positions, 30 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

336% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 11

222% more capital invested

Capital invested by funds: $72.3M → $233M (+$161M)

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

49% more funds holding

Funds holding: 74110 (+36)

43% more call options, than puts

Call options by funds: $1.64M | Put options by funds: $1.15M

1.71% more ownership

Funds ownership: 2.38%4.09% (+1.7%)

37% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 30

Holders
110
Holders Change
+36
Holders Change %
+48.65%
% of All Funds
2.38%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
48
Increased
19
Reduced
30
Closed
11
Calls
$1.64M
Puts
$1.15M
Net Calls
+$493K
Net Calls Change
+$399K
Name Holding Trade Value Shares
Change
Change in
Stake
CGM
1
Capital Growth Management
Massachusetts
$47.7M +$36.6M +11,600,000 New
Vanguard Group
2
Vanguard Group
Pennsylvania
$32.4M +$77.8K +24,674 +0.3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$22.7M -$848K -269,020 -5%
Caisse de Depot et Placement du Quebec (CDPQ)
4
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$15.5M +$11.9M +3,771,400 New
Renaissance Technologies
5
Renaissance Technologies
New York
$14.5M +$7.64M +2,424,100 +218%
Morgan Stanley
6
Morgan Stanley
New York
$11.2M +$3.44M +1,090,514 +66%
State Street
7
State Street
Massachusetts
$10.9M -$581K -184,347 -7%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$8.15M +$6.25M +1,983,581 New
JP Morgan Chase
9
JP Morgan Chase
New York
$7.12M -$3.9M -1,238,110 -42%
Citadel Advisors
10
Citadel Advisors
Florida
$6.27M +$3.34M +1,059,391 +227%
PPA
11
Parametric Portfolio Associates
Washington
$6.17M +$490K +155,342 +12%
Goldman Sachs
12
Goldman Sachs
New York
$6.05M -$1.77M -562,440 -28%
Northern Trust
13
Northern Trust
Illinois
$4.96M -$22.6K -7,187 -0.6%
DWA
14
Dorsey Wright & Associates
California
$4.41M +$3.38M +1,071,824 New
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$3.94M +$2.79M +886,375 +1,221%
VanEck Associates
16
VanEck Associates
New York
$2.96M -$1.32M -419,812 -37%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.71M +$2.07M +658,401 New
HSBC Holdings
18
HSBC Holdings
United Kingdom
$2.54M +$1.95M +619,272 New
Bank of America
19
Bank of America
North Carolina
$2.05M -$1.71M -541,498 -52%
AG
20
Aperio Group
California
$1.86M +$738K +234,323 +107%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$1.69M +$1.3M +411,701 New
SFI
22
Susquehanna Fundamental Investments
Pennsylvania
$1.25M +$404K +128,326 +73%
Stifel Financial
23
Stifel Financial
Missouri
$1.09M +$842K +267,336 New
US Bancorp
24
US Bancorp
Minnesota
$992K +$761K +241,355 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$870K +$667K +211,706 New

SID Hedge Fund Activity: Q1 2019 in Review

110 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Companhia Siderúrgica Nacional (SID) for Q1 2019, worth a combined $233M — up 222% from $72.3M a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new SID positions and 11 closed out — a net gain of 37 holders — while 19 added to existing stakes and 30 trimmed.

The largest buyer was Capital Growth Management, opening a new position worth an estimated $36.6M. The largest seller was JP Morgan Chase, cutting an estimated $3.9M.

  • 110 institutional investors held Companhia Siderúrgica Nacional (SID) as of Q1 2019, up from 74 in Q4 2018.
  • Funds reported $233M of Companhia Siderúrgica Nacional stock for Q1 2019, up 222% quarter-over-quarter.
  • 48 funds opened new Companhia Siderúrgica Nacional positions in Q1 2019 and 11 closed out, a net change of +37 holders.
  • The largest Companhia Siderúrgica Nacional buyer in Q1 2019 was Capital Growth Management, an estimated $36.6M added.
  • The largest Companhia Siderúrgica Nacional seller in Q1 2019 was JP Morgan Chase, an estimated $3.9M sold.

Based on aggregated 13F filings for Q1 2019.