Central Securities Corp
42 hedge funds and large institutions have $63.9M invested in Central Securities Corp in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
8% more funds holding
Funds holding: 39 → 42 (+3)
0.43% more ownership
Funds ownership: 11.11% → 11.53% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $64.9M → $63.9M (-$1.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$999K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$833K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$565K |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$507K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$455K |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$394K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$295K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$279K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$182K |
CET Hedge Fund Activity: Q4 2014 in Review
42 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2014, worth a combined $63.9M — down 1.6% from $64.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CET positions and 3 closed out — a net gain of 6 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $999K. The largest seller was Cetera Advisor Networks, cutting an estimated $455K.
- 42 institutional investors held Central Securities Corp (CET) as of Q4 2014, up from 39 in Q3 2014.
- Funds reported $63.9M of Central Securities Corp stock for Q4 2014, down 1.6% quarter-over-quarter.
- 9 funds opened new Central Securities Corp positions in Q4 2014 and 3 closed out, a net change of +6 holders.
- The largest Central Securities Corp buyer in Q4 2014 was Weiss Asset Management, an estimated $999K added.
- The largest Central Securities Corp seller in Q4 2014 was Cetera Advisor Networks, an estimated $455K sold.
Based on aggregated 13F filings for Q4 2014.