CONSTELLIUM SE CSTM
CL A SHS · Common Stock · CUSIP F21107101
- SectorMaterials
- IndustrySecondary Smelting & Refining of Nonferrous Metals
- 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 ($7.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.27. Options: 10 managers hold calls ($10.9m notional), 7 hold puts ($5.2m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 178 |
| Q4 2022 | 186 |
| Q1 2023 | 182 |
| Q2 2023 | 186 |
| Q3 2023 | 190 |
| Q4 2023 | 192 |
| Q1 2024 | 206 |
| Q2 2024 | 223 |
| Q3 2024 | 221 |
| Q4 2024 | 219 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 91 | 91 |
| Q2 2023 | 90 | 88 |
| Q3 2023 | 93 | 91 |
| Q4 2023 | 87 | 92 |
| Q1 2024 | 126 | 79 |
| Q2 2024 | 135 | 94 |
| Q3 2024 | 123 | 111 |
| Q4 2024 | 117 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $6.7m | $10.0m | 1.50 |
| Q2 2024 | $19.1m | $26.7m | 1.40 |
| Q3 2024 | $10.8m | $9.5m | 0.88 |
| Q4 2024 | $10.9m | $5.2m | 0.48 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +4.2m |
| Nut Tree Capital Management, LP | Added | +1.9m |
| D. E. Shaw & Co., Inc. | Added | +1.3m |
| Thrivent Financial for Lutherans | Added | +1.1m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | New | +838.9k |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | +695.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +683.9k |
| Soapstone Management L.P. | Added | +645.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +622.4k |
| Empowered Funds, LLC | New | +570.2k |
Biggest sellers
| JENNISON ASSOCIATES LLC | Reduced | -4.9m |
| Cannell & Spears LLC | Reduced | -3.1m |
| Rubric Capital Management LP | Sold out | -1.5m |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -1.3m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Sold out | -1.2m |
| BlackRock, Inc. | Reduced | -1.2m |
| HIGHLAND PEAK CAPITAL, LLC | Sold out | -1.0m |
| MACQUARIE GROUP LTD | Reduced | -637.7k |
| FEDERATED HERMES, INC. | Sold out | -614.7k |
| JPMORGAN CHASE & CO | Reduced | -607.0k |
Biggest calls
| Hudson Bay Capital Management LP | New | $3.1m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.8m269.5k shares |
| CITADEL ADVISORS LLC | Added | $2.2m212.1k shares |
| JANE STREET GROUP, LLC | Added | $1.1m103.6k shares |
| Cinctive Capital Management LP | Unchanged | $513.5k50.0k shares |
| GROUP ONE TRADING LLC | Added | $414.9k40.4k shares |
| Walleye Trading LLC | Added | $346.1k33.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $342.0k34.3k shares |
| Walleye Capital LLC | Reduced | $224.9k21.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $4.4m425.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $622.4k60.6k shares |
| TUDOR INVESTMENT CORP ET AL | New | $143.8k14.0k shares |
| Walleye Trading LLC | Reduced | $30.8k3.0k shares |
| Walleye Capital LLC | Reduced | $20.5k2.0k shares |
| GROUP ONE TRADING LLC | Reduced | $14.4k1.4k 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 |
|---|---|
Bpifrance Participations SA
13D · may seek influence
filed 2026-05-28
Stated purposeItem 4 is hereby amended and supplemented as follows: On May 26, 2026, Bpifrance Participations sold 4,190,000 Ordinary Shares by two block trades each at $33.89 per share. All of the Ordinary Shares that are held of record by the Reporting Persons as reported herein were acquired for investment purposes. The Reporting Persons retain the right to change their investment intent, from time to time to acquire additional Ordinary Shares or other securities of the Issuer, or to sell or otherwise dispose of all or part of the Ordinary Shares or other securities of the Issuer, if any, beneficially owned by them, in any manner permitted by law. The Reporting Persons may engage from time to time in ordinary course transactions with financial institutions with respect to the securities described he… Full filing |
6.2% |
| BlackRock, Inc. 13G · institution +0.8 pts · filed 2025-07-17 | 5.8% |
Fell to 5% or below in the last year: FMR LLC (1.6%, 2026-08-06), MILLENNIUM MANAGEMENT LLC (2.5%, 2026-04-24)
Insider purchases and sales in Q4 2024
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.
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.13% of their portfolio | 19.8m $203.6m | Added +4.2m |
| FMR LLC 0.01% of their portfolio | 14.7m $150.8m | Reduced -35 |
| Bpifrance SA 4.85% of their portfolio | 12.6m $129.3m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 11.3m $115.7m | Reduced -1.2m |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 6.4m $66.2m | Added +292.3k |
| WESTWOOD HOLDINGS GROUP INC 0.46% of their portfolio | 5.8m $59.7m | Added +334.6k |
| Nut Tree Capital Management, LP 19.35% of their portfolio | 5.5m $56.5m | Added +1.9m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.5m $25.5m | Added +622.4k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 2.4m $24.9m | Added +1.3m |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $23.8m | Added +52.8k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 2.3m $23.7m | Reduced -637.7k |
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $22.1m | Reduced -86.0k |
| Kailix Advisors LLC 17.95% of their portfolio | 2.1m $21.4m | Added +424.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.9m $19.6m | Reduced -29.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.9m $19.0m | Reduced -111.5k |
| Encompass Capital Advisors LLC 0.81% of their portfolio | 1.8m $18.9m | Added +182.6k |
| Soapstone Management L.P. 14.86% of their portfolio | 1.5m $15.8m | Added +645.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 1.5m $15.7m | Added +683.9k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 1.5m $15.6m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.5m $15.3m | Added +110.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $15.2m | Reduced -8.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.3m $12.9m | Reduced -546.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 996.0k $10.2m | Reduced -177.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 947.4k $9.7m | Added +124.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 924.1k $9.5m | Reduced -232.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 913.2k $9.4m | Added +23.8k |
| Mountaineer Partners Management, LLC 6.67% of their portfolio | 887.2k $9.1m | Added +338.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.19% of their portfolio | 838.9k $8.6m | New |
| BEACONLIGHT CAPITAL, LLC 3.34% of their portfolio | 814.3k $8.4m | Reduced -67.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 782.0k $8.0m | Reduced -607.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 759.5k $7.8m | Reduced -16.7k |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 723.5k $7.4m | Added +343.4k |
| BRIGHTLINE CAPITAL MANAGEMENT, LLC 5.01% of their portfolio | 711.0k $7.3m | Reduced -1.0k |
| CenterBook Partners LP 0.44% of their portfolio | 710.0k $7.3m | Added +558.8k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.07% of their portfolio | 695.0k $7.1m | New |
| Man Group plc 0.02% of their portfolio | 615.5k $6.3m | Added +63.0k |
| ArrowMark Colorado Holdings LLC 0.08% of their portfolio | 578.9k $5.9m | Added +50.0k |
| Empowered Funds, LLC 0.09% of their portfolio | 570.2k $5.9m | New |
| WHITEBOX ADVISORS LLC 0.21% of their portfolio | 552.3k $5.7m | Added +105.0k |
| UBS Group AG 0.00% of their portfolio | 536.7k $5.5m | Added +282.8k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 519.5k $5.3m | Added +135.2k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 484.9k $5.0m | New |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.15% of their portfolio | 483.6k $5.0m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 468.6k $4.8m | Reduced -22.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 453.0k $4.7m | Reduced -90.8k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 435.7k $4.5m | Reduced -84.8k |
| NORGES BANK 0.00% of their portfolio | 424.0k $4.4m | Reduced -162.2k |
| HRT FINANCIAL LP 0.03% of their portfolio | 403.7k $4.1m | Added +253.9k |
| Edgestream Partners, L.P. 0.17% of their portfolio | 388.9k $4.0m | Added +120.6k |
| RENAISSANCE GROUP LLC 0.16% of their portfolio | 380.3k $3.9m | Reduced -104.2k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 375.9k $3.9m | Reduced -72.2k |
| MOORE CAPITAL MANAGEMENT, LP 0.07% of their portfolio | 358.9k $3.7m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 338.9k $3.5m | Added +156 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 323.1k $3.3m | Reduced -9.8k |
| TD Asset Management Inc 0.00% of their portfolio | 319.6k $3.3m | Added +102.8k |
| Clearline Capital LP 0.43% of their portfolio | 314.1k $3.2m | Reduced -73.7k |
| BEACON INVESTMENT ADVISORS LLC 1.50% of their portfolio | 311.2k $3.2m | Added +5.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 298.8k $3.1m | Added +123.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 296.5k $3.0m | Reduced -188.5k |
| Ionic Capital Management LLC 2.85% of their portfolio | 281.4k $2.9m | Reduced -250.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 281.3k $2.9m | Reduced -120.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 273.7k $2.8m | Added +267.0k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 264.3k $2.7m | Reduced -266 |
| Rockingstone Advisors LLC 1.14% of their portfolio | 250.9k $2.6m | Added +81.5k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 250.8k $2.6m | Reduced -33.8k |
| Paloma Partners Management Co 0.17% of their portfolio | 250.0k $2.6m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 246.3k $2.5m | Added +25.6k |
| BARCLAYS PLC 0.00% of their portfolio | 234.0k $2.4m | Reduced -102.6k |
| Jefferies Financial Group Inc. 0.03% of their portfolio | 232.2k $2.4m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 226.4k $2.3m | Added +90.3k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 222.0k $2.3m | Reduced -302.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 210.1k $2.2m | Added +195.1k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 195.9k $2.0m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 191.9k $2.0m | Reduced -107.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 191.1k $2.0m | Added +27.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 189.7k $1.9m | Reduced -235.5k |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 186.8k $1.9m | New |
| Aberdeen Group plc 0.00% of their portfolio | 184.8k $1.8m | Unchanged |
| Verition Fund Management LLC 0.01% of their portfolio | 182.4k $1.9m | Added +23.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 175.4k $1.8m | Added +7.6k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 173.3k $1.8m | Reduced -4.9m |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 171.1k $1.8m | Reduced -5.7k |
| Nebula Research & Development LLC 0.18% of their portfolio | 153.4k $1.6m | Added +64.2k |
| Creative Planning 0.00% of their portfolio | 147.3k $1.5m | Added +84.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 140.4k $1.4m | Reduced -3.0k |
| CITIGROUP INC 0.00% of their portfolio | 136.9k $1.4m | Added +21.7k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 135.0k $1.4m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 134.8k $1.4m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 132.2k $1.4m | Reduced -14.6k |
| Boston Partners 0.00% of their portfolio | 131.3k $1.3m | Added +28.1k |
| Cannell & Spears LLC 0.03% of their portfolio | 130.9k $1.3m | Reduced -3.1m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 125.4k $1.3m | Added +31.7k |
| Troluce Capital Advisors LLC 0.13% of their portfolio | 125.0k $1.3m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 124.7k $1.3m | Added +15.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 122.7k $1.3m | Added +35.1k |
| Squarepoint Ops LLC 0.00% of their portfolio | 114.6k $1.2m | Added +1.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 102.5k $1.1m | New |
| Monaco Asset Management SAM 0.44% of their portfolio | 96.5k $991.0k | New |
| Engineers Gate Manager LP 0.02% of their portfolio | 93.2k $956.7k | Added +31.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 92.2k $946.5k | Reduced -1.3m |