Celanese
470 hedge funds and large institutions have $13.7B invested in Celanese in 2017 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 149 increasing their positions, 185 reducing their positions, and 32 closing their positions.
153% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $16.9M
69% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 32
7% more capital invested
Capital invested by funds: $12.8B → $13.7B (+$899M)
4% more funds holding
Funds holding: 453 → 470 (+17)
1.16% less ownership
Funds ownership: 96.78% → 95.62% (-1.2%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
19% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 185
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$46.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$32.6M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$31.6M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$105M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$75.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$62.2M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$56.3M |
| 5 |
Millennium Management
New York
|
-$30M |
CE Hedge Fund Activity: Q3 2017 in Review
470 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Celanese (CE) for Q3 2017, worth a combined $13.7B — up 7% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CE positions and 32 closed out — a net gain of 22 holders — while 149 added to existing stakes and 185 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $46.3M. The largest seller was JP Morgan Chase, cutting an estimated $105M.
- 470 institutional investors held Celanese (CE) as of Q3 2017, up from 453 in Q2 2017.
- Funds reported $13.7B of Celanese stock for Q3 2017, up 7% quarter-over-quarter.
- 54 funds opened new Celanese positions in Q3 2017 and 32 closed out, a net change of +22 holders.
- The largest Celanese buyer in Q3 2017 was Fidelity Investments, an estimated $46.3M added.
- The largest Celanese seller in Q3 2017 was JP Morgan Chase, an estimated $105M sold.
Based on aggregated 13F filings for Q3 2017.