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 ($34.6m this quarter). Holder counts are more reliable. Shares outstanding: 80.4m as of 2025-04-17, 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 ≈ $54.97. Options: 6 managers hold calls ($3.8m notional), 5 hold puts ($2.6m).
Trends to Q1 2025
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 |
| Q1 2024 | 451 |
| Q2 2024 | 450 |
| Q3 2024 | 429 |
| Q4 2024 | 441 |
| Q1 2025 | 439 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 146 | 225 |
| Q3 2023 | 166 | 208 |
| Q4 2023 | 166 | 182 |
| Q1 2024 | 225 | 178 |
| Q2 2024 | 242 | 211 |
| Q3 2024 | 193 | 228 |
| Q4 2024 | 198 | 209 |
| Q1 2025 | 191 | 231 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $46.4m | $20.3m | 0.44 |
| Q3 2024 | $25.3m | $7.6m | 0.30 |
| Q4 2024 | $2.1m | $538.6k | 0.25 |
| Q1 2025 | $3.8m | $2.6m | 0.69 |
Biggest buyers
| TimesSquare Capital Management, LLC | Added | +940.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +812.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +502.5k |
| STATE STREET CORP | Added | +434.3k |
| JENNISON ASSOCIATES LLC | Added | +388.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +334.1k |
| BRANDES INVESTMENT PARTNERS, LP | Added | +332.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +262.7k |
| CITIGROUP INC | Added | +244.8k |
| Hardman Johnston Global Advisors LLC | New | +233.3k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.5m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0m |
| UBS Group AG | Reduced | -617.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -497.6k |
| D. E. Shaw & Co., Inc. | Reduced | -401.4k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -355.9k |
| Ceredex Value Advisors LLC | Reduced | -251.3k |
| Balyasny Asset Management L.P. | Reduced | -232.2k |
| FIL Ltd | Sold out | -230.4k |
| LPL Financial LLC | Reduced | -215.9k |
Biggest calls
| Interval Partners, LP | New | $2.3m42.6k shares |
| CITADEL ADVISORS LLC | Reduced | $952.8k17.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $339.5k6.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $158.0k2.9k shares |
| GROUP ONE TRADING LLC | Reduced | $32.9k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $991.0k18.1k shares |
| JANE STREET GROUP, LLC | New | $848.8k15.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $487.4k8.9k shares |
| CITADEL ADVISORS LLC | Reduced | $295.7k5.4k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $110.2k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 2 | $384.6k | $62.3k |
| Q2 2024 | 6 | $3.2m | 0 | — | — |
| Q3 2024 | 0 | — | 2 | $911.1k | $607.3k |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 8.3m $456.1m | Added +22.2k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.6m $415.6m | Added +513 |
| EARNEST PARTNERS LLC 1.24% of their portfolio | 4.7m $258.6m | Reduced -94.4k |
| STATE STREET CORP 0.01% of their portfolio | 4.5m $246.4m | Added +434.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 3.3m $181.5m | Added +812.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.2m $118.1m | Reduced -1.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 2.0m $110.3m | Added +17.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 1.8m $101.1m | Added +262.7k |
| BRANDES INVESTMENT PARTNERS, LP 0.91% of their portfolio | 1.6m $89.6m | Added +332.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $80.8m | Added +37.8k |
| SEI INVESTMENTS CO 0.10% of their portfolio | 1.4m $78.0m | Reduced -58.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.4m $77.3m | Added +61.2k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 1.4m $74.2m | Added +156.0k |
| MORGAN STANLEY 0.01% of their portfolio | 1.3m $70.6m | Reduced -80.0k |
| Channing Capital Management, LLC 1.94% of their portfolio | 1.2m $64.3m | Added +44.7k |
| TimesSquare Capital Management, LLC 1.03% of their portfolio | 1.2m $63.9m | Added +940.8k |
| Copeland Capital Management, LLC 1.24% of their portfolio | 1.1m $62.2m | Reduced -10.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $58.4m | Reduced -17.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $57.5m | Added +19.0k |
| LOOMIS SAYLES & CO L P 0.08% of their portfolio | 1.0m $56.1m | Added +25.7k |
| NORGES BANK 0.01% of their portfolio | 1.0m $55.9m | Added +60.6k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 929.0k $50.9m | Reduced -401.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 897.2k $49.1m | Reduced -120.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 817.4k $44.8m | Added +22.4k |
| Thrivent Financial for Lutherans 0.10% of their portfolio | 814.4k $44.6m | Reduced -1.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 795.3k $43.5m | Added +502.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 762.8k $41.8m | Added +85.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 744.2k $40.8m | Reduced -7.7k |
| Ceredex Value Advisors LLC 0.85% of their portfolio | 711.4k $39.0m | Reduced -251.3k |
| Invesco Ltd. 0.01% of their portfolio | 700.9k $38.4m | Reduced -29.1k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 688.6k $37.7m | Added +114.2k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 684.6k $37.5m | Reduced -355.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 666.1k $36.5m | Reduced -100.1k |
| GW&K Investment Management, LLC 0.32% of their portfolio | 633.0k $34.7m | Reduced -4.1k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.77% of their portfolio | 586.1k $32.1m | Added +12.0k |
| DAVENPORT & Co LLC 0.17% of their portfolio | 535.7k $29.3m | Reduced -230 |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.29% of their portfolio | 482.6k $26.4m | Added +125.0k |
| UBS Group AG 0.01% of their portfolio | 476.4k $26.1m | Reduced -617.5k |
| Sea Cliff Partners Management, LP 9.07% of their portfolio | 461.2k $25.3m | Added +93.2k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 442.0k $24.2m | Added +334.1k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 392.3k $21.5m | Added +121.3k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 392.1k $21.5m | Added +388.5k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 387.8k $21.2m | Added +144.8k |
| INGALLS & SNYDER LLC 0.69% of their portfolio | 379.5k $20.8m | Reduced -10.6k |
| CITIGROUP INC 0.01% of their portfolio | 359.1k $19.7m | Added +244.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.11% of their portfolio | 333.3k $18.3m | Reduced -73 |
| GRANDFIELD & DODD, LLC 1.12% of their portfolio | 330.1k $18.1m | Added +622 |
| WESTWOOD HOLDINGS GROUP INC 0.13% of their portfolio | 319.7k $17.5m | Reduced -93.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 311.9k $17.1m | Reduced -239 |
| Man Group plc 0.05% of their portfolio | 308.3k $16.9m | Added +1.8k |
| Jackson Square Partners, LLC 2.23% of their portfolio | 302.1k $16.5m | Reduced -31.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 294.3k $16.1m | Added +7.3k |
| Leeward Investments, LLC - MA 0.84% of their portfolio | 287.4k $15.7m | Reduced -11.7k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 286.0k $15.7m | Added +62.6k |
| SPEECE THORSON CAPITAL GROUP INC 3.22% of their portfolio | 285.8k $15.7m | Reduced -5.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 274.5k $15.0m | Added +34.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 267.5k $14.6m | Added +85.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 258.6k $14.2m | Reduced -2.1k |
| Nuveen, LLC 0.00% of their portfolio | 254.4k $13.9m | First filing |
| Tidal Investments LLC 0.12% of their portfolio | 248.7k $13.6m | Added +50.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 243.8k $13.4m | Added +119.0k |
| SNYDER CAPITAL MANAGEMENT L P 0.29% of their portfolio | 243.4k $13.3m | Reduced -5.1k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 237.6k $13.0m | Reduced -173 |
| Hardman Johnston Global Advisors LLC 0.61% of their portfolio | 233.3k $12.8m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 232.6k $12.7m | Reduced -193 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 219.8k $12.0m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 218.4k $12.0m | Added +182.8k |
| Aristotle Capital Boston, LLC 0.59% of their portfolio | 216.3k $11.8m | Reduced -20.4k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 214.3k $11.7m | Reduced -37.0k |
| Kodai Capital Management LP 0.46% of their portfolio | 210.2k $11.5m | New |
| GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio | 199.6k $10.9m | Reduced -372 |
| Markel Group Inc. 0.09% of their portfolio | 189.0k $10.3m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 186.7k $10.2m | Added +937 |
| PINNACLE ASSOCIATES LTD 0.15% of their portfolio | 184.5k $10.1m | Reduced -56.1k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 176.9k $9.7m | Reduced -7.8k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.28% of their portfolio | 176.7k $9.7m | Reduced -5.0k |
| HEARTLAND ADVISORS INC 0.54% of their portfolio | 172.9k $9.5m | Added +51.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 163.4k $8.9m | Added +157.2k |
| Swiss National Bank 0.01% of their portfolio | 157.0k $8.6m | Reduced -3.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 156.5k $8.6m | Reduced -2.5k |
| Legal & General Group Plc 0.00% of their portfolio | 144.2k $7.9m | Added +1.6k |
| Squarepoint Ops LLC 0.02% of their portfolio | 142.3k $7.8m | Reduced -67.3k |
| Centre Asset Management, LLC 1.99% of their portfolio | 141.6k $7.8m | Added +16.4k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 140.2k $7.7m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 137.5k $7.5m | Reduced -8.0k |
| Pier Capital, LLC 1.24% of their portfolio | 135.0k $7.4m | Reduced -4.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.12% of their portfolio | 130.0k $7.1m | Added +115.8k |
| Clear Harbor Asset Management, LLC 0.56% of their portfolio | 128.9k $7.1m | Added +3.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio | 126.5k $6.9m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 119.5k $6.5m | Added +13.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 116.4k $6.4m | Added +655 |
| CRAWFORD INVESTMENT COUNSEL INC 0.11% of their portfolio | 109.3k $6.0m | Added +4.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 109.1k $6.0m | Reduced -4.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 107.9k $5.9m | Reduced -3.5m |
| Retirement Systems of Alabama 0.02% of their portfolio | 98.7k $5.4m | Added +255 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 97.9k $5.4m | Added +47.1k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.47% of their portfolio | 96.9k $5.3m | Reduced -106.2k |
| Amundi 0.00% of their portfolio | 90.4k $4.6m | Reduced -49.7k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 90.2k $4.9m | Reduced -3.2k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 89.6k $4.9m | Reduced -2.0k |