Central Securities Corp
47 hedge funds and large institutions have $79.2M invested in Central Securities Corp in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 46 → 47 (+1)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.04% less ownership
Funds ownership: 11.86% → 11.82% (-0.04%)
1% less capital invested
Capital invested by funds: $79.6M → $79.2M (-$403K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.25M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$952K |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$915K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$582K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$871K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$845K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$793K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$787K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$578K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$13K | -490 | Closed |
|
CET Hedge Fund Activity: Q1 2018 in Review
47 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2018, worth a combined $79.2M — down 0.51% from $79.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CET positions and 4 closed out — a net gain of 1 holder — while 13 added to existing stakes and 12 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.25M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $871K.
- 47 institutional investors held Central Securities Corp (CET) as of Q1 2018, up from 46 in Q4 2017.
- Funds reported $79.2M of Central Securities Corp stock for Q1 2018, down 0.51% quarter-over-quarter.
- 5 funds opened new Central Securities Corp positions in Q1 2018 and 4 closed out, a net change of +1 holder.
- The largest Central Securities Corp buyer in Q1 2018 was 1607 Capital Partners, an estimated $1.25M added.
- The largest Central Securities Corp seller in Q1 2018 was Thomas J. Herzfeld Advisors, an estimated $871K sold.
Based on aggregated 13F filings for Q1 2018.