Central Securities Corp
73 hedge funds and large institutions have $121M invested in Central Securities Corp in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
24% more funds holding
Funds holding: 59 → 73 (+14)
1.71% less ownership
Funds ownership: 12.17% → 10.46% (-1.7%)
9% less capital invested
Capital invested by funds: $134M → $121M (-$12.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$989K |
| 2 |
5L
55I LLC
Boston,
Massachusetts
|
+$625K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$477K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$392K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$11.1M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.62M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.19M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.85M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| – | -$596 | -14 | -93% |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | +$85 | +2 | New |
|
CET Hedge Fund Activity: Q4 2021 in Review
73 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2021, worth a combined $121M — down 9.4% from $134M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CET positions and 3 closed out — a net gain of 14 holders — while 21 added to existing stakes and 16 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $989K. The largest seller was Matisse Capital, exiting entirely with an estimated $11.1M sold.
- 73 institutional investors held Central Securities Corp (CET) as of Q4 2021, up from 59 in Q3 2021.
- Funds reported $121M of Central Securities Corp stock for Q4 2021, down 9.4% quarter-over-quarter.
- 17 funds opened new Central Securities Corp positions in Q4 2021 and 3 closed out, a net change of +14 holders.
- The largest Central Securities Corp buyer in Q4 2021 was Parametric Portfolio Associates, an estimated $989K added.
- The largest Central Securities Corp seller in Q4 2021 was Matisse Capital, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2021.