38 Hedge Funds Buy (CMC) For The First Time

(Post Analyst) Institutional investors currently hold around $1.91 billion or 91.1% in CMC stock. Look at its top three institutional owners. Vanguard Group Inc owns $269.86 million in Commercial Metals Company, which represents roughly 12.38% of the company’s market cap and approximately 14.1% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Fund Advisors, which owns 9,808,179 shares of the stock are valued at $179.49 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $177.88 million worth of this stock and that ownership represents nearly 8.16% of its market cap.

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