Central Securities Corp
58 hedge funds and large institutions have $89.1M invested in Central Securities Corp in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
21% more capital invested
Capital invested by funds: $73.7M → $89.1M (+$15.4M)
16% more funds holding
Funds holding: 50 → 58 (+8)
0.4% more ownership
Funds ownership: 11.81% → 12.21% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.25M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.29M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.21M |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$891K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$630K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$5.5M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$986K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$174K |
| 4 |
Morgan Stanley
New York
|
-$172K |
| 5 |
CC
Chicago Capital
Chicago,
Illinois
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Rockefeller Capital Management
New York
| $143K | +$136K | +4,998 | New |
|
|
CAM
52
Columbia Asset Management
Ann Arbor,
Michigan
| $115K | +$108K | +4,000 | New |
|
|
LTFS
53
Ladenburg Thalmann Financial Services
Miami,
Florida
| $93K | +$59.4K | +2,191 | +209% |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| $46K | – | – | – |
|
|
CJA
55
C-J Advisory
San Jose,
California
| $32K | +$29.8K | +1,100 | New |
|
|
CIAS
56
Capital Investment Advisory Services
Raleigh,
North Carolina
| $10K | +$9.25K | +341 | New |
|
57
Citigroup
New York
| $1K | – | – | – |
|
58
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$77K | -3,114 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$7K | -300 | Closed |
|
|
MOS
60
MGO One Seven
Beachwood,
Ohio
| – | -$4K | -186 | Closed |
|
CET Hedge Fund Activity: Q1 2019 in Review
58 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2019, worth a combined $89.1M — up 21% from $73.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CET positions and 5 closed out — a net gain of 8 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $3.25M. The largest seller was Bulldog Investors, cutting an estimated $5.5M.
- 58 institutional investors held Central Securities Corp (CET) as of Q1 2019, up from 50 in Q4 2018.
- Funds reported $89.1M of Central Securities Corp stock for Q1 2019, up 21% quarter-over-quarter.
- 13 funds opened new Central Securities Corp positions in Q1 2019 and 5 closed out, a net change of +8 holders.
- The largest Central Securities Corp buyer in Q1 2019 was Raymond James & Associates, an estimated $3.25M added.
- The largest Central Securities Corp seller in Q1 2019 was Bulldog Investors, an estimated $5.5M sold.
Based on aggregated 13F filings for Q1 2019.