Central Securities Corp
42 hedge funds and large institutions have $55M invested in Central Securities Corp in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 5 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
11% more capital invested
Capital invested by funds: $49.5M → $55M (+$5.5M)
0.02% more ownership
Funds ownership: 10.47% → 10.5% (+0.02%)
5% less funds holding
Funds holding: 44 → 42 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.29M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.28M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.23M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$707K |
| 5 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.96M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.16M |
| 3 |
Morgan Stanley
New York
|
-$525K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$380K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$328K |
CET Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q2 2016, worth a combined $55M — up 11% from $49.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CET and 3 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.29M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.96M sold.
- 42 institutional investors held Central Securities Corp (CET) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $55M of Central Securities Corp stock for Q2 2016, up 11% quarter-over-quarter.
- 3 funds opened new Central Securities Corp positions in Q2 2016 and 5 closed out, a net change of -2 holders.
- The largest Central Securities Corp buyer in Q2 2016 was 1607 Capital Partners, an estimated $1.29M added.
- The largest Central Securities Corp seller in Q2 2016 was City of London Investment Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2016.