Central Securities Corp
51 hedge funds and large institutions have $85.7M invested in Central Securities Corp in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more capital invested
Capital invested by funds: $72.5M → $85.7M (+$13.2M)
6% more funds holding
Funds holding: 48 → 51 (+3)
0.63% more ownership
Funds ownership: 10.84% → 11.47% (+0.63%)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.24M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.47M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.25M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.25M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.63M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$858K |
| 3 |
Walleye Capital
New York
|
-$592K |
| 4 |
CTA
Colonial Trust Advisors
Spartanburg,
South Carolina
|
-$406K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$295K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
51
Edge Wealth Management
New York
| $6K | – | – | – |
|
|
52
CIBC World Market
Toronto,
Ontario, Canada
| – | -$858K | -33,247 | Closed |
|
|
53
Walleye Capital
New York
| – | -$592K | -22,942 | Closed |
|
|
6M
54
6 Meridian
Wichita,
Kansas
| – | -$295K | -11,443 | Closed |
|
55
Walleye Trading
New York
| – | -$223K | -8,640 | Closed |
|
CET Hedge Fund Activity: Q2 2020 in Review
51 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q2 2020, worth a combined $85.7M — up 18% from $72.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CET positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Matisse Capital, adding an estimated $2.24M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $1.63M.
- 51 institutional investors held Central Securities Corp (CET) as of Q2 2020, up from 48 in Q1 2020.
- Funds reported $85.7M of Central Securities Corp stock for Q2 2020, up 18% quarter-over-quarter.
- 7 funds opened new Central Securities Corp positions in Q2 2020 and 4 closed out, a net change of +3 holders.
- The largest Central Securities Corp buyer in Q2 2020 was Matisse Capital, an estimated $2.24M added.
- The largest Central Securities Corp seller in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2020.