Contextuall's  Instablog

Screen Criteria:

All of the Steel and Iron companies mentioned here have seen significant institutional selling, as reported in 13-F filings during the most recent quarter. (Link to original post)

Ranking of This List:

Based on performance data over the last month, this list is currently ranked 4 out of 284 lists tracked by Contextuall.com. In other words, the company characteristics described below have outperformed 98.59% of lists in Contextuall's coverage universe.

Average Weekly Returns:

Average 1-Week Return of All Stocks Mentioned Below: 6.53%

Average 1-Month Return of All Stocks Mentioned Below: 18.49%

Analysis of List Alpha:

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Week): 4 out of 4 (100.0%)

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Month): 4 out of 4 (100.0%)

(List sorted by monthly performance, from best to worst)

1. AK Steel Holding Corporation (AKS): Produces flat-rolled carbon, stainless, and electrical steels, and tubular products primarily in the United States and internationally. Net institutional shares sold during the most recent quarter at 8.9M shares (8.15% of float at 109.15M shares).

2. United States Steel Corp. (X): Produces and sells steel mill products in North America and Central Europe. Net institutional shares sold during the most recent quarter at 7.4M shares (5.16% of float at 143.43M shares).

3. Metals USA Holdings Corp. (MUSA): Net institutional shares sold during the most recent quarter at 877.0K shares (7.24% of float at 12.12M shares).

4. Companhia Siderurgica Nacional (SID): Operates as an integrated steel producer in Brazil and Latin America. Net institutional shares sold during the most recent quarter at 112.5M shares (16.03% of float at 702.01M shares).