Celanese
601 hedge funds and large institutions have $14.2B invested in Celanese in 2019 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 186 increasing their positions, 210 reducing their positions, and 40 closing their positions.
133% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 40
8% more funds holding
Funds holding: 559 → 601 (+42)
4% less capital invested
Capital invested by funds: $14.7B → $14.2B (-$519M)
7% less call options, than puts
Call options by funds: $31.3M | Put options by funds: $33.6M
2.56% less ownership
Funds ownership: 97.91% → 95.35% (-2.6%)
11% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 210
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$70.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$51.6M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$24.6M |
| 4 |
Morgan Stanley
New York
|
+$24.2M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$177M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$145M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$110M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$108M |
| 5 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
626
Cribstone Capital Management
Augusta,
Maine
| – | -$31K | -250 | Closed |
|
|
WB
627
Webster Bank
Waterbury,
Connecticut
| – | -$31K | -250 | Closed |
|
|
GSWM
628
Golden State Wealth Management
Santa Ana,
California
| – | -$25K | -201 | Closed |
|
|
CIAS
629
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$24K | -200 | Closed |
|
630
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$7K | -58 | Closed |
|
|
PCM
631
Penserra Capital Management
Orinda,
California
| – | -$6K | -54 | Closed |
|
|
SB
632
Strategic Blueprint
Atlanta,
Georgia
| – | -$2K | -20 | Closed |
|
|
AIC
633
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$2K | -18 | Closed |
|
|
LGWM
634
Litman Gregory Wealth Management
Larkspur,
California
| – | -$1K | -12 | Closed |
|
|
WWM
635
Willingdon Wealth Management
Huntersville,
North Carolina
| – | -$1K | -10 | Closed |
|
|
MPWT
636
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$615 | -5 | -71% |
|
|
AIM
637
Aigen Investment Management
New York
| – | +$369 | +3 | New |
|
CE Hedge Fund Activity: Q4 2019 in Review
601 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Celanese (CE) for Q4 2019, worth a combined $14.2B — down 3.5% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new CE positions and 40 closed out — a net gain of 53 holders — while 186 added to existing stakes and 210 trimmed.
The largest buyer was Capital International Investors, adding an estimated $70.9M. The largest seller was JP Morgan Chase, cutting an estimated $177M.
- 601 institutional investors held Celanese (CE) as of Q4 2019, up from 559 in Q3 2019.
- Funds reported $14.2B of Celanese stock for Q4 2019, down 3.5% quarter-over-quarter.
- 93 funds opened new Celanese positions in Q4 2019 and 40 closed out, a net change of +53 holders.
- The largest Celanese buyer in Q4 2019 was Capital International Investors, an estimated $70.9M added.
- The largest Celanese seller in Q4 2019 was JP Morgan Chase, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2019.