Central Securities Corp
53 hedge funds and large institutions have $104M invested in Central Securities Corp in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
16% more capital invested
Capital invested by funds: $89.9M → $104M (+$14.1M)
10% more funds holding
Funds holding: 48 → 53 (+5)
0.31% more ownership
Funds ownership: 12.01% → 12.32% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.01M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$532K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$527K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$445K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JC
JBF Capital
Aspen,
Colorado
|
-$725K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$685K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$370K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$150K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
51
Sandy Spring Bank
Olney,
Maryland
| $11K | +$10.5K | +345 | New |
|
|
PWPS
52
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| $4K | +$3.94K | +130 | New |
|
|
JC
53
JBF Capital
Aspen,
Colorado
| – | -$725K | -25,000 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -250 | Closed |
|
|
EI
55
Ellevest Inc
New York
| – | +$364 | +12 | New |
|
CET Hedge Fund Activity: Q4 2020 in Review
53 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2020, worth a combined $104M — up 16% from $89.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CET positions and 2 closed out — a net gain of 5 holders — while 21 added to existing stakes and 12 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.01M. The largest seller was JBF Capital, exiting entirely with an estimated $725K sold.
- 53 institutional investors held Central Securities Corp (CET) as of Q4 2020, up from 48 in Q3 2020.
- Funds reported $104M of Central Securities Corp stock for Q4 2020, up 16% quarter-over-quarter.
- 7 funds opened new Central Securities Corp positions in Q4 2020 and 2 closed out, a net change of +5 holders.
- The largest Central Securities Corp buyer in Q4 2020 was Shaker Financial Services, an estimated $1.01M added.
- The largest Central Securities Corp seller in Q4 2020 was JBF Capital, an estimated $725K sold.
Based on aggregated 13F filings for Q4 2020.