Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Century Alum Co (CENX)

380 + Investors. Track Smart Money conviction in CENX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +55
Streak
4Q ▲
Buyers last Q
57%

Smart Money Signals — CENX

Based on 382 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added CENX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
382 hedge funds hold CENX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +76% more funds vs a year ago

fund count last 6Q
+165 new funds entered over the past year (+76% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

231 buying177 selling
Last quarter: 231 funds bought or added vs 177 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~102 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 48 → 64 → 106 → 102. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 22% medium ■ 34% new
168 out of 382 hedge funds have held CENX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+24% value, -16% shares)

Value
+24%
Shares
-16%
Last quarter: total value of institutional CENX holdings rose +24% even though funds reduced share count by 16%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

50 → 48 → 64 → 106 → 102 new funds/Q
New funds entering each quarter: 48 → 64 → 106 → 102. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 57% veterans vs 34% newcomers

■ 57% veterans ■ 9% 1-2yr ■ 34% new
Entry-cohort mix of 397 holders: 226 (57%) are 2+ year veterans, 36 entered 1–2 years ago, and 135 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
51 of 376 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CENX

In 2026 Q1, 231 hedge funds were net buyers of CENX (102 opened a new position, 129 added to an existing one), while 177 reduced or exited (130 trimmed, 47 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 29% of total institutional value in CENX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +55 funds (more new holders than closures). Total institutional holders: 382.

Hedge Fund Ownership: CENX

How many hedge funds hold CENX — quarterly history vs. share price
Quarterly hedge fund ownership of CENX vs. share price

Market Analysis: CENX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CENX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Century Alum Co (CENX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CENX has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
CENX
-7.5%
SPY
+13.9%

CENX outperformed SPY by -21.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
CENX
-4.4%
SPY
+0.2%

Since the filing became public, CENX outperformed SPY by -4.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 6 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: CENX
380 + Investors

Track Smart Money conviction in CENX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 380 327 16.21%
13F Shares 103M 123M -16.38%
Total Value $5.98B $4.83B 23.93%
New Positions 101 106 -5
Increased Positions 123 112 +11
Closed Positions 48 32 +16
Reduced Positions 126 88 +38
Total Calls 10 13 -23.08%
Total Puts 11 13 -15.38%
PUT/CALL Ratio 1.1 1.0 Neutral

Statistics: CENX

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

380 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CENX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CENX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Glencore plc 29.46% 29,690,702 $1.74B
2 Impala Asset Management LLC 26.66% 975,000 $57.2M
3 Mountaineer Partners Management, LLC 17.02% 583,997 $34.3M
4 CDC Financial, Inc. 9.21% 246,680 $14.5M
5 Westend Capital Management, LLC 6.66% 378,073 $22.2M
6 Sourcerock Group LLC 6.36% 2,687,249 $157.7M
7 Drummond Knight Asset Management Pty Ltd 5.84% 281,092 $16.5M
8 Bornite Capital Management LP 5.35% 542,000 $31.8M
9 Steamboat Capital Partners, LLC 4.03% 276,248 $16.2M
10 Encompass Capital Advisors LLC 2.73% 1,551,362 $91.0M
11 Aldebaran Capital, LLC 2.58% 57,570 $3.4M
12 Icon Advisers Inc/Co 2.35% 173,200 $10.2M
13 GeoSphere Capital Management, LLC 2.10% 82,000 $4.8M
14 Orion Resource Partners LP 1.85% 68,837 $4.0M
15 Kinetic Partners Management, LP 1.75% 531,700 $31.2M
16 SummerHaven Investment Management, LLC 1.49% 41,364 $2.4M
17 Nicholas Investment Partners, LP 1.24% 292,402 $17.2M
18 Pvg Asset Management Corp 1.07% 33,098 $1.8M
19 Scientech Research LLC 1.00% 20,487 $1.2M
20 Insight Wealth Strategies, LLC 0.96% 146,024 $8.6M
21 Marnell Management LLC 0.92% 45,298 $2.7M
22 Riggs Asset Managment Co. Inc. 0.76% 63,292 $3.7M
23 Olympiad Research LP 0.70% 3,915 $230K
24 Hartree Partners, LP 0.63% 50,000 $2.9M
25 Oceanic Investment Management LTD 0.62% 12,553 $737K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Century Alum Co (CENX)

What does the Smart Money Trend signal show for CENX?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added CENX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CENX?

Slight buying edge — 57% buying: Last quarter: 231 funds bought or added vs 177 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CENX holders?

Strong quality — 29% AUM from major funds: 51 of 376 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CENX?

44% of holders stayed for 2+ years: 168 out of 382 hedge funds have held CENX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Century Alum Co (CENX) following the 2026 Q1 hedge fund 13F filings?

As of today, CENX has moved -4.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -4.6%. Since the quarter end (March 31, 2026), CENX has gained -7.5% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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