25 elite funds held Constellium NV (NYSE:CSTM) in their portfolios at the end of June, having snapped up 31.5% of the company’s common stock. Phill Gross and Robert Atchinson, the managers of Adage Capital Management, like this company a lot and have boosted their stake by 49% over the second quarter to amass 8.32 million shares. Funds along with shorts covering, longs , day traders and good old bottom fishermen.