Celanese
304 hedge funds and large institutions have $8.13B invested in Celanese in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 105 increasing their positions, 118 reducing their positions, and 36 closing their positions.
250% more call options, than puts
Call options by funds: $84.9M | Put options by funds: $24.2M
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
17% more capital invested
Capital invested by funds: $6.97B → $8.13B (+$1.16B)
8% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 36
1% less funds holding
Funds holding: 306 → 304 (-2)
1.59% less ownership
Funds ownership: 98.1% → 96.5% (-1.6%)
11% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$76.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.2M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
+$28.2M |
| 5 |
AM
Appaloosa Management
Miami Beach,
Florida
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$101M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$98M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$64.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$63.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$49.3M |
CE Hedge Fund Activity: Q3 2013 in Review
304 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Celanese (CE) for Q3 2013, worth a combined $8.13B — up 17% from $6.97B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CE positions and 36 closed out — a net gain of 3 holders — while 105 added to existing stakes and 118 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $103M. The largest seller was Massachusetts Financial Services, cutting an estimated $101M.
- 304 institutional investors held Celanese (CE) as of Q3 2013, down from 306 in Q2 2013.
- Funds reported $8.13B of Celanese stock for Q3 2013, up 17% quarter-over-quarter.
- 39 funds opened new Celanese positions in Q3 2013 and 36 closed out, a net change of +3 holders.
- The largest Celanese buyer in Q3 2013 was Fidelity Investments, an estimated $103M added.
- The largest Celanese seller in Q3 2013 was Massachusetts Financial Services, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2013.