Central Securities Corp
57 hedge funds and large institutions have $119M invested in Central Securities Corp in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $104M → $119M (+$15.1M)
8% more funds holding
Funds holding: 53 → 57 (+4)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.25% less ownership
Funds ownership: 12.32% → 12.08% (-0.25%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.78M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$633K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$512K |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$362K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.38M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.23M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$599K |
| 4 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
-$568K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
Spire Wealth Management
Mclean,
Virginia
| $56K | +$52.3K | +1,478 | New |
|
|
PFGIA
52
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $41K | – | – | – |
|
53
Citigroup
New York
| $18K | +$1.06K | +30 | +6% |
|
|
SSB
54
Sandy Spring Bank
Olney,
Maryland
| $13K | – | – | – |
|
|
BBHC
55
Brown Brothers Harriman & Co
New York
| $1.26K | – | – | – |
|
|
BIAS
56
Beacon Investment Advisory Services
Morristown,
New Jersey
| – | -$568K | -17,409 | Closed |
|
|
AA
57
AQR Arbitrage
Greenwich,
Connecticut
| – | -$368K | -11,262 | Closed |
|
|
PWPS
58
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$4K | -130 | Closed |
|
|
EVM
59
Eaton Vance Management
Boston,
Massachusetts
| – | +$283 | +8 | New |
|
CET Hedge Fund Activity: Q1 2021 in Review
57 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2021, worth a combined $119M — up 15% from $104M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CET positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.78M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.38M.
- 57 institutional investors held Central Securities Corp (CET) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $119M of Central Securities Corp stock for Q1 2021, up 15% quarter-over-quarter.
- 7 funds opened new Central Securities Corp positions in Q1 2021 and 3 closed out, a net change of +4 holders.
- The largest Central Securities Corp buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $2.78M added.
- The largest Central Securities Corp seller in Q1 2021 was Raymond James Financial Services Advisors, an estimated $1.38M sold.
Based on aggregated 13F filings for Q1 2021.