Celanese
605 hedge funds and large institutions have $16B invested in Celanese in 2021 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 213 increasing their positions, 210 reducing their positions, and 41 closing their positions.
95% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 41
12% more capital invested
Capital invested by funds: $14.3B → $16B (+$1.72B)
6% more funds holding
Funds holding: 571 → 605 (+34)
1% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 210
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.45% less ownership
Funds ownership: 94.01% → 93.57% (-0.45%)
7% less call options, than puts
Call options by funds: $34.6M | Put options by funds: $37.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$207M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$92M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$77.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$75.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lyrical Asset Management
New York
|
-$350M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$212M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$160M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$82.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.5M |
CE Hedge Fund Activity: Q1 2021 in Review
605 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Celanese (CE) for Q1 2021, worth a combined $16B — up 12% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new CE positions and 41 closed out — a net gain of 39 holders — while 213 added to existing stakes and 210 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $207M. The largest seller was Lyrical Asset Management, exiting entirely with an estimated $350M sold.
- 605 institutional investors held Celanese (CE) as of Q1 2021, up from 571 in Q4 2020.
- Funds reported $16B of Celanese stock for Q1 2021, up 12% quarter-over-quarter.
- 80 funds opened new Celanese positions in Q1 2021 and 41 closed out, a net change of +39 holders.
- The largest Celanese buyer in Q1 2021 was Goldman Sachs, an estimated $207M added.
- The largest Celanese seller in Q1 2021 was Lyrical Asset Management, an estimated $350M sold.
Based on aggregated 13F filings for Q1 2021.