Central Securities Corp
38 hedge funds and large institutions have $56M invested in Central Securities Corp in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 37 → 38 (+1)
4% more capital invested
Capital invested by funds: $53.8M → $56M (+$2.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.6% less ownership
Funds ownership: 10.65% → 10.05% (-0.6%)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.23M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.06M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$619K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$607K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$336K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.45M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$904K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$629K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$528K |
| 5 |
SG Americas Securities
New York
|
-$481K |
CET Hedge Fund Activity: Q1 2014 in Review
38 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2014, worth a combined $56M — up 4.1% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CET positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $3.23M. The largest seller was Morgan Stanley, cutting an estimated $2.45M.
- 38 institutional investors held Central Securities Corp (CET) as of Q1 2014, up from 37 in Q4 2013.
- Funds reported $56M of Central Securities Corp stock for Q1 2014, up 4.1% quarter-over-quarter.
- 7 funds opened new Central Securities Corp positions in Q1 2014 and 5 closed out, a net change of +2 holders.
- The largest Central Securities Corp buyer in Q1 2014 was Raymond James & Associates, an estimated $3.23M added.
- The largest Central Securities Corp seller in Q1 2014 was Morgan Stanley, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2014.