Central Securities Corp
50 hedge funds and large institutions have $73.7M invested in Central Securities Corp in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.57% less ownership
Funds ownership: 12.38% → 11.81% (-0.57%)
4% less funds holding
Funds holding: 52 → 50 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less capital invested
Capital invested by funds: $91.8M → $73.7M (-$18.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.04M |
| 2 |
Morgan Stanley
New York
|
+$587K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$310K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$155K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.04M |
| 2 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$955K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$928K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$922K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$663K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
First Trust Advisors
Wheaton,
Illinois
| – | -$228K | -7,720 | Closed |
|
52
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$228K | -7,701 | Closed |
|
|
OAM
53
Oxford Asset Management
Oxford,
United Kingdom
| – | -$212K | -7,174 | Closed |
|
|
CAM
54
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$118K | -4,000 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$27 | +1 | New |
|
56
JP Morgan Chase
New York
| – | +$27 | +1 | New |
|
|
GI
57
Gradient Investments
Arden Hills,
Minnesota
| – | +$80 | +3 | New |
|
CET Hedge Fund Activity: Q4 2018 in Review
50 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2018, worth a combined $73.7M — down 20% from $91.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CET and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 24 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.04M. The largest seller was Bulldog Investors, cutting an estimated $1.04M.
- 50 institutional investors held Central Securities Corp (CET) as of Q4 2018, down from 52 in Q3 2018.
- Funds reported $73.7M of Central Securities Corp stock for Q4 2018, down 20% quarter-over-quarter.
- 6 funds opened new Central Securities Corp positions in Q4 2018 and 7 closed out, a net change of -1 holder.
- The largest Central Securities Corp buyer in Q4 2018 was Raymond James & Associates, an estimated $2.04M added.
- The largest Central Securities Corp seller in Q4 2018 was Bulldog Investors, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2018.