HEXCEL CORP NEW HXL
COM · Common Stock · CUSIP 428291108 · ISIN US4282911084
American materials company
- SectorMaterials
- IndustryPlastic Materials, Synth Resins & Nonvulcan Elastomers
- HeadquartersStamford, CT
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($33.0m this quarter). Holder counts are more reliable. Shares outstanding: 84.4m as of 2024-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $73.74. Options: 5 managers hold calls ($2.4m notional), 6 hold puts ($884.2k).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 376 |
| Q4 2022 | 369 |
| Q1 2023 | 408 |
| Q2 2023 | 410 |
| Q3 2023 | 409 |
| Q4 2023 | 418 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 162 | 176 |
| Q1 2023 | 208 | 160 |
| Q2 2023 | 146 | 225 |
| Q3 2023 | 166 | 208 |
| Q4 2023 | 166 | 182 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $784.8k | $367.8k | 0.47 |
| Q2 2023 | $2.7m | $128.8k | 0.05 |
| Q3 2023 | $2.8m | $840.3k | 0.30 |
| Q4 2023 | $2.4m | $884.2k | 0.37 |
Biggest buyers
| MORGAN STANLEY | Added | +4.8m |
| JPMORGAN CHASE & CO | Added | +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +864.4k |
| TimesSquare Capital Management, LLC | Added | +724.3k |
| Governors Lane LP | Added | +343.9k |
| STATE STREET CORP | Added | +229.6k |
| Woodline Partners LP | New | +218.1k |
| SEI INVESTMENTS CO | Added | +182.3k |
| EARNEST PARTNERS LLC | Added | +173.8k |
| Thrivent Financial for Lutherans | Added | +153.5k |
Biggest sellers
| Balyasny Asset Management L.P. | Reduced | -481.6k |
| Boston Partners | Reduced | -438.1k |
| CITADEL ADVISORS LLC | Reduced | -227.3k |
| Point72 Asset Management, L.P. | Reduced | -212.3k |
| Schonfeld Strategic Advisors LLC | Sold out | -187.1k |
| JENNISON ASSOCIATES LLC | Reduced | -150.4k |
| LOOMIS SAYLES & CO L P | Reduced | -136.8k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -110.8k |
| Covalis Capital LLP | Sold out | -94.4k |
| Channing Capital Management, LLC | Reduced | -84.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.3m17.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $649.0k8.8k shares |
| SIMPLEX TRADING, LLC | Added | $295.0k4.0k shares |
| Walleye Capital LLC | New | $118.0k1.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $390.9k5.3k shares |
| Walleye Trading LLC | Added | $169.6k2.3k shares |
| Walleye Capital LLC | New | $154.9k2.1k shares |
| GROUP ONE TRADING LLC | New | $95.9k1.3k shares |
| SIMPLEX TRADING, LLC | Added | $73.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock Portfolio Management LLC 13G · institution +1.7 pts · filed 2026-07-17 | 8.4% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.4 pts · filed 2026-08-14 | 7.8% |
| EARNEST PARTNERS LLC 13G · institution filed 2025-08-14 | 6.5% |
| STATE STREET CORP 13G · institution +1.3 pts · filed 2026-05-12 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: ALLIANCEBERNSTEIN L.P. (4.5%, 2026-05-18), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $152.1k | — |
| Q4 2022 | 0 | — | 3 | $436.6k | — |
| Q1 2023 | 0 | — | 2 | $777.9k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $110.2k | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.03% of their portfolio | 9.9m $726.8m | Added +4.8m |
| BlackRock Inc. 0.02% of their portfolio | 8.9m $658.4m | Reduced -61.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.8m $578.7m | Added +27.9k |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 5.2m $385.4m | Reduced -110.8k |
| EARNEST PARTNERS LLC 1.66% of their portfolio | 4.5m $333.2m | Added +173.8k |
| STATE STREET CORP 0.01% of their portfolio | 3.5m $261.0m | Added +229.6k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.1m $232.2m | Reduced -65.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.8m $204.6m | Added +1.4m |
| Boston Partners 0.18% of their portfolio | 1.9m $137.9m | Reduced -438.1k |
| TimesSquare Capital Management, LLC 1.63% of their portfolio | 1.5m $110.8m | Added +724.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.5m $108.1m | Added +864.4k |
| Invesco Ltd. 0.03% of their portfolio | 1.5m $107.1m | Added +146.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.60% of their portfolio | 1.4m $103.5m | Reduced -59.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 1.4m $101.6m | Added +81.4k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.4m $99.9m | Added +60.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $96.2m | Added +39.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.12% of their portfolio | 1.3m $95.6m | Added +76.4k |
| SEI INVESTMENTS CO 0.15% of their portfolio | 1.2m $91.2m | Added +182.3k |
| LOOMIS SAYLES & CO L P 0.13% of their portfolio | 1.1m $84.1m | Reduced -136.8k |
| Jackson Square Partners, LLC 2.48% of their portfolio | 1.0m $76.5m | Reduced -44.2k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 969.0k $71.5m | Reduced -150.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 954.6k $70.4m | Reduced -77.1k |
| Channing Capital Management, LLC 2.05% of their portfolio | 941.8k $69.5m | Reduced -84.4k |
| NORGES BANK 0.01% of their portfolio | 903.0k $66.6m | Reduced -23.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 899.1k $66.3m | Added +6.8k |
| GW&K Investment Management, LLC 0.57% of their portfolio | 833.8k $61.5m | Reduced -28.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 794.2k $58.6m | Added +11.2k |
| Capital World Investors 0.01% of their portfolio | 760.6k $56.1m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 730.1k $53.8m | Added +111.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 649.0k $47.9m | Added +5.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 602.0k $44.4m | Added +18.9k |
| Governors Lane LP 4.77% of their portfolio | 500.1k $36.9m | Added +343.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 453.2k $33.4m | Added +31.0k |
| INGALLS & SNYDER LLC 1.38% of their portfolio | 412.2k $30.4m | Added +9.9k |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC 1.74% of their portfolio | 394.4k $29.1m | Added +6.6k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 349.5k $25.8m | Reduced -212.3k |
| Leeward Investments, LLC - MA 1.18% of their portfolio | 341.8k $25.2m | Reduced -6.2k |
| GRANDFIELD & DODD, LLC 1.63% of their portfolio | 319.7k $23.6m | Added +3.4k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.64% of their portfolio | 318.7k $23.5m | Reduced -4.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 308.8k $22.8m | Reduced -2.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 301.5k $22.2m | Reduced -29.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 287.4k $21.2m | Added +6.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 282.9k $20.9m | Added +12.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 260.9k $19.2m | Reduced -11.4k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 239.9k $17.7m | Added +113.5k |
| COMERICA BANK 0.08% of their portfolio | 235.0k $17.3m | Added +45.2k |
| PINNACLE ASSOCIATES LTD 0.28% of their portfolio | 225.9k $16.7m | Reduced -2.5k |
| Woodline Partners LP 0.18% of their portfolio | 218.1k $16.1m | New |
| Ceredex Value Advisors LLC 0.28% of their portfolio | 217.2k $16.0m | Added +30.7k |
| SNYDER CAPITAL MANAGEMENT L P 0.34% of their portfolio | 205.8k $15.2m | Reduced -10.5k |
| Pier Capital, LLC 2.17% of their portfolio | 205.8k $15.2m | Reduced -2.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 203.6k $15.0m | Added +6.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 203.5k $15.0m | Added +16.6k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.44% of their portfolio | 201.4k $14.9m | Added +64.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 198.3k $14.6m | Added +94.7k |
| WESTWOOD HOLDINGS GROUP INC 0.12% of their portfolio | 190.2k $14.0m | Added +98.1k |
| Markel Group Inc. 0.15% of their portfolio | 189.0k $13.9m | Unchanged |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 185.3k $13.7m | Added +9.3k |
| SEGALL BRYANT & HAMILL, LLC 0.26% of their portfolio | 179.8k $13.3m | Added +564 |
| WEYBOSSET RESEARCH & MANAGEMENT LLC 4.69% of their portfolio | 179.7k $13.3m | Reduced -2.5k |
| SPEECE THORSON CAPITAL GROUP INC 2.72% of their portfolio | 179.7k $13.3m | Added +75.0k |
| LPL Financial LLC 0.01% of their portfolio | 178.2k $13.1m | Reduced -1.2k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 174.7k $12.9m | Added +153.5k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 171.8k $12.7m | Added +16.4k |
| Swiss National Bank 0.01% of their portfolio | 166.5k $12.3m | Reduced -19.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 163.7k $12.1m | Reduced -53.2k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 161.4k $11.9m | Added +18.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 157.7k $11.6m | Reduced -5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 149.3k $11.0m | Reduced -2.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 146.1k $10.8m | Reduced -44.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 143.1k $10.6m | Reduced -3.7k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 138.8k $10.2m | Reduced -6.8k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 138.3k $10.2m | Added +56.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 136.9k $10.1m | Added +3.9k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 129.4k $9.5m | Added +1.6k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 125.2k $9.2m | Reduced -56.8k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 120.2k $8.9m | Unchanged |
| Squarepoint Ops LLC 0.04% of their portfolio | 118.2k $8.7m | Added +77.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 116.7k $8.6m | Reduced -609 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 116.4k $8.6m | Added +24.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 113.6k $8.4m | Reduced -5.4k |
| Silvant Capital Management LLC 0.43% of their portfolio | 108.2k $8.0m | Unchanged |
| Retirement Systems of Alabama 0.03% of their portfolio | 105.3k $7.8m | Reduced -121 |
| BARCLAYS PLC 0.00% of their portfolio | 99.1k $7.3m | Added +39.5k |
| Lombard Odier Asset Management (Europe) Ltd 0.49% of their portfolio | 99.0k $7.3m | Reduced -36.7k |
| Susquehanna Portfolio Strategies, LLC 0.13% of their portfolio | 95.5k $7.0m | First filing |
| CITIGROUP INC 0.01% of their portfolio | 91.0k $6.7m | Added +8.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 89.7k $6.6m | Reduced -4.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 84.1k $6.2m | Added +58 |
| Carlson Capital, L.P. 0.50% of their portfolio | 84.0k $6.2m | New |
| Fisher Asset Management, LLC 0.00% of their portfolio | 83.6k $6.2m | Reduced -16.9k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 82.1k $6.1m | Added +49.1k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 79.9k $5.7m | Reduced -21.2k |
| Kopion Asset Management, LLC 4.51% of their portfolio | 79.8k $5.9m | Reduced -256 |
| BROWN ADVISORY INC 0.01% of their portfolio | 79.5k $5.9m | Added +5.0k |
| ELCO Management Co., LLC 3.82% of their portfolio | 78.6k $5.8m | Added +2.5k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 75.4k $5.6m | Reduced -5.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 74.2k $5.5m | Added +8.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.05% of their portfolio | 72.7k $5.4m | Added +924 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 70.2k $5.2m | Added +35.6k |