Commercial Metals

CMC • NYSE

Commercial Metals is a steel company in the basic materials sector on NYSE, led by Peter R. Matt, with a market cap of $7.8B. As of Q3 2025, 91% of shares are held by 415 institutional investors, with BlackRock, Inc. as the largest holder at 12.95%.

Chief Executive OfficerPeter R. Matt

Market Cap$7.8B

Steel

Basic Materials

Employees13.0K

Websitecmc.com

Country

United States of America

Overview

Overview of institutional ownership in CMC as of Q3 2025 with a market cap of $6.4B

All Institutions

Institutions: 415
Value Held: $5.8B
Shares Held: 102.0M
Avg Position: $14.1M
Median Position: $729.6K

Hedge Funds

Hedge Funds: 39
Value Held: $383.9M
Shares Held: 6.7M
Avg Position: $9.8M
Median Position: $1.3M

Ownership Breakdown

Institutional (non-HF)

85.13%

$5.5B

Hedge Funds

5.99%

$383.9M

Retail & Other

8.88%

$569.1M

Based on market cap of $6.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CMC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$830.2M 0.01% of portfolio	12.95% 14.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$652.7M 0.01% of portfolio	10.18% 11.4M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$379.1M 0.08% of portfolio	5.91% 6.6M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$359.2M 0.01% of portfolio	5.60% 6.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	Raife Brandon Giovinazzo Managing Partner	$238.8M 0.81% of portfolio	3.72% 4.2M shares	≤ Q2 2013 Held for 12y 5m+	$29.4B
Robeco Investment Management, Inc. Long Only Manager	Joseph Francis Feeney CEO	$208.6M 0.21% of portfolio	3.25% 3.6M shares	Q1 2022 Held for 3y 8m	$97.8B
FMR LLC Institution	-	$200.4M 0.01% of portfolio	3.13% 3.5M shares	Q1 2018 Held for 7y 8m	$1.92T
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$177.3M 0.04% of portfolio	2.77% 3.1M shares	Q3 2022 Held for 3y 2m	$395.36B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$162.7M 0.01% of portfolio	2.54% 2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$153.5M 0.10% of portfolio	2.39% 2.7M shares	Q4 2016 Held for 8y 11m	$158.22B

Net Capital Flow

Institutional buying and selling activity for CMC in Q3 2025

Traded: +$47.1M
Buyers: 218
Sellers: 174
Total Bought: +$400.3M
Total Sold: −$353.2M
Avg Position: $12.9M

Biggest Buyers

Institution	Net Bought	Current Position
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	+$54.4M +949.6K shares	$54.4M 949.6K shares
FMR LLC Institution	+$45.7M +797.6K shares	$200.4M 3.5M shares
Merewether Investment Management, LP Hedge Fund•Sector	+$26.8M +468.7K shares	$26.8M 468.7K shares
UBS Group AG Institution	+$25.7M +448.1K shares	$87.1M 1.5M shares
MORGAN STANLEY RIA/Wealth	+$18.4M +321.4K shares	$79.8M 1.4M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$17.8M +310.4K shares	$58.1M 1.0M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$16.7M +292.0K shares	$28.8M 503.1K shares
Drummond Knight Asset Management Pty Ltd Hedge Fund•Distressed	+$15.6M +272.0K shares	$15.6M 272.0K shares
B BESSEMER GROUP INC Institution	+$14.8M +258.6K shares	$14.9M 261.0K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	+$11.0M +191.9K shares	$11.0M 191.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$46.6M −812.8K shares	$77.0M 1.3M shares
Encompass Capital Advisors LLC Hedge Fund•Long/Short	−$34.2M −699.8K shares	Sold Off 0 shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$29.0M −505.7K shares	$153.5M 2.7M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$26.9M −470.1K shares	$3.8M 66.5K shares
FIRST TRUST ADVISORS LP ETF Provider	−$18.9M −329.6K shares	$18.9M 330.6K shares
VANGUARD GROUP INC Institution	−$13.1M −229.6K shares	$652.7M 11.4M shares
Holocene Advisors, LP Hedge Fund•Long/Short	−$13.0M −227.8K shares	$16.8M 293.2K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$12.6M −219.5K shares	$23.6M 412.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$12.1M −211.3K shares	$15.8M 275.2K shares
PRINCIPAL FINANCIAL GROUP INC Institution	−$9.0M −157.2K shares	$73.6M 1.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CMC in Q3 2025

New Positions: 22
New Value: $109.6M
Exited Positions: 37
Exited Value: $63.8M

New Positions

Institution	Position Value
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	$54.4M 949.6K shares
Merewether Investment Management, LP Hedge Fund•Sector	$26.8M 468.7K shares
Drummond Knight Asset Management Pty Ltd Hedge Fund•Distressed	$15.6M 272.0K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$5.3M 93.0K shares
D DRW Securities, LLC Institution	$3.4M 60.0K shares
L LMR Partners LLP Institution	$1.7M 30.0K shares
Merit Financial Group, LLC RIA/Wealth	$821.0K 14.3K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$404.6K 7.1K shares
Voleon Capital Management LP Hedge Fund•Quant	$334.8K 5.8K shares
Burford Brothers, Inc. RIA/Wealth	$270.1K 4.7K shares

Exited Positions

Institution	Previous Position
Encompass Capital Advisors LLC Hedge Fund•Long/Short	$34.2M 699.8K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$5.5M 113.3K shares
H HRT FINANCIAL LLC Institution	$3.5M 71.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$3.4M 69.3K shares
Trexquant Investment LP Hedge Fund•Quant	$3.2M 65.1K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$3.2M 64.4K shares
ISAM Funds Ltd Hedge Fund•Quant	$1.4M 28.8K shares
P PEAK6 LLC Institution	$1.3M 26.0K shares
Baird Financial Group, Inc. Private Equity	$1.0M 20.6K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$825.4K 16.9K shares

Options Activity

Institutions with the largest Call and Put options positions in CMC as of Q3 2025

Call Positions: 12
Call Value: $34.9M
Put Positions: 8
Put Value: $31.7M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.0M 1.4K contracts
Walleye Trading LLC RIA/Wealth	$7.7M 1.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.4M 946.0 contracts
J JANE STREET GROUP, LLC Institution	$4.7M 828.0 contracts
CITIGROUP INC Institution	$2.6M 447.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$2.4M 422.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$1.7M 291.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.3M 219.0 contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$515.5K 90.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$515.5K 90.0 contracts

Put Positions

Institution	Position Value
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$9.7M 1.7K contracts
Walleye Trading LLC RIA/Wealth	$6.9M 1.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.9M 1.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.1M 717.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$2.7M 469.0 contracts
J JANE STREET GROUP, LLC Institution	$2.3M 400.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$120.3K 21.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Most Committed Institutions

Institutions with CMC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Drummond Knight Asset Management Pty Ltd Hedge Fund•Distressed	Scott Eckart Vollmer CEO	4.77% $15.6M	0.24% 272.0K shares	Q3 2025 Held for 2 months	$326.7M
R RD Lewis Holdings, Inc. Institution	-	2.31% $2.5M	0.04% 40.1K shares	Q4 2024 Held for 11 months	$106.7M
E Expect Equity LLC Institution	-	1.95% $2.0M	0.03% 34.9K shares	Q4 2024 Held for 11 months	$102.4M
Levin Easterly Partners LLC Long Only Manager	Darrell William Crate Chairman	1.68% $24.8M	0.39% 433.5K shares	Q3 2021 Held for 4y 2m	$1.5B
Hodges Capital Management Inc. Long Only Manager	Craig Donaldson Hodges CEO	1.26% $14.6M	0.23% 254.1K shares	Q3 2013 Held for 12y 2m	$1.2B
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	Brett Phelan Hawkins CIO	1.25% $75.8M	1.18% 1.3M shares	Q2 2024 Held for 1y 5m	$6.1B
Green Alpha Advisors, LLC Long Only Manager	Garvin Frederic Jabusch Founder	1.13% $1.2M	0.02% 20.5K shares	Q1 2022 Held for 3y 8m	$103.4M
Cascade Investment Advisors, Inc. RIA/Wealth	Michelle H Rand CCO	0.91% $1.5M	0.02% 26.2K shares	Q1 2022 Held for 3y 8m	$165.1M
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	Raife Brandon Giovinazzo Managing Partner	0.81% $238.8M	3.72% 4.2M shares	≤ Q2 2013 Held for 12y 5m+	$29.4B
PALISADE CAPITAL MANAGEMENT LLC/NJ Long Only Manager	Alison Anne Berman CEO	0.80% $25.9M	0.40% 453.0K shares	Q4 2012 Held for 12y 11m	$3.3B

Hedge Fund Spotlight

Discover hedge funds investing in CMC

Weiss Asset Management LP

Hedge Fund • Multi-Strategy

Portfolio ManagerAndrew Murray Weiss

Portfolio Value: $5.2B
Positions: 533
Last Reported: Q3 2025

Sector Allocation

Position in Commercial Metals

Market Value: $404.6K
Shares Held: 7.1K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

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