Commercial Metals Company Sees Institutional Investor Shift

William Blair Investment Management reduces stake in steel and metal recycler

Published on Mar. 2, 2026

William Blair Investment Management LLC, a major institutional investor, has reduced its position in Commercial Metals Company (NYSE:CMC) by 5.7% in the third quarter, according to a recent SEC filing. The investment firm now owns 570,831 shares, or 0.51% of the basic materials company's stock, valued at $32.7 million.

Why it matters

Commercial Metals is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company's performance and ownership structure are closely watched by investors as indicators of the broader steel and recycling industry.

The details

In its most recent SEC filing, William Blair Investment Management disclosed that it sold 34,512 shares of Commercial Metals stock in the third quarter. The firm now owns 570,831 shares, down from 605,343 shares previously. Commercial Metals' stock price has seen significant volatility over the past year, trading between a 52-week low of $37.92 and a high of $84.87.

  • William Blair Investment Management reduced its stake in the third quarter of 2025.

The players

William Blair Investment Management LLC

A major institutional investment firm that has reduced its stake in Commercial Metals Company.

Commercial Metals Company

A leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas.

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The takeaway

The shift in ownership of Commercial Metals by a major institutional investor like William Blair Investment Management reflects the volatility and uncertainty in the steel and recycling industry, as well as the importance of monitoring changes in institutional holdings for publicly traded companies.