Central Securities Corp
38 hedge funds and large institutions have $64.9M invested in Central Securities Corp in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $63.1M → $64.9M (+$1.86M)
0.41% more ownership
Funds ownership: 10.7% → 11.1% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 41 → 38 (-3)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.57M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$403K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$270K |
| 4 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$196K |
| 5 |
Morgan Stanley
New York
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.81M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$120K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$103K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$93.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$74.4K |
CET Hedge Fund Activity: Q3 2014 in Review
38 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q3 2014, worth a combined $64.9M — up 2.9% from $63.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CET and 2 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Bulldog Investors, adding an estimated $2.57M. The largest seller was Cetera Advisor Networks, cutting an estimated $1.81M.
- 38 institutional investors held Central Securities Corp (CET) as of Q3 2014, down from 41 in Q2 2014.
- Funds reported $64.9M of Central Securities Corp stock for Q3 2014, up 2.9% quarter-over-quarter.
- 2 funds opened new Central Securities Corp positions in Q3 2014 and 5 closed out, a net change of -3 holders.
- The largest Central Securities Corp buyer in Q3 2014 was Bulldog Investors, an estimated $2.57M added.
- The largest Central Securities Corp seller in Q3 2014 was Cetera Advisor Networks, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2014.