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CET

Central Securities Corp

37 hedge funds and large institutions have $59.7M invested in Central Securities Corp in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.01% less ownership

Funds ownership: 10.74%10.74% (-0.01%)

1% less capital invested

Capital invested by funds: $60.5M → $59.7M (-$815K)

8% less funds holding

Funds holding: 4037 (-3)

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Holders
37
Holders Change
-3
Holders Change %
-7.5%
% of All Funds
1%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
1
Increased
8
Reduced
13
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GFM
1
Gramercy Funds Management
Connecticut
$13M +$1.23M +56,598 +10%
Morgan Stanley
2
Morgan Stanley
New York
$10.2M -$147K -6,734 -1%
RJA
3
Raymond James & Associates
Florida
$6.36M +$252K +11,579 +4%
BI
4
Bulldog Investors
New Jersey
$5.21M -$2.02M -92,616 -28%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$3.35M
COLIM
6
City of London Investment Management
United Kingdom
$2.5M
1CP
7
1607 Capital Partners
Virginia
$2.43M -$140K -6,400 -5%
SFS
8
Shaker Financial Services
Virginia
$2.29M +$416K +19,077 +22%
RCM
9
Rivernorth Capital Management
Florida
$1.72M
AA
10
AQR Arbitrage
Connecticut
$1.63M -$65.3K -2,995 -4%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.27M -$119K -5,453 -8%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$881K +$54.8K +2,512 +6%
Bank of America
13
Bank of America
North Carolina
$849K -$109K -5,010 -11%
GC
14
Guggenheim Capital
Illinois
$849K -$52.2K -2,393 -6%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$812K +$830K +38,048 New
SCA
16
Sippican Capital Advisors
Massachusetts
$766K
CL
17
CSS LLC
Illinois
$644K
WAM
18
Wolverine Asset Management
Illinois
$635K +$620K +28,414 +2,030%
CWM
19
Concert Wealth Management
California
$608K -$31.2K -1,429 -5%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$430K -$58K -2,660 -12%
NI
21
NFC Investments
Tennessee
$425K -$6.54K -300 -1%
SWP
22
Stratos Wealth Partners
Ohio
$362K +$75.9K +3,483 +26%
First Manhattan
23
First Manhattan
New York
$348K +$44.3K +2,030 +14%
SI
24
SII Investments
Wisconsin
$338K
Luther King Capital Management (LKCM)
25
Luther King Capital Management (LKCM)
Texas
$331K

CET Hedge Fund Activity: Q2 2015 in Review

37 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q2 2015, worth a combined $59.7M — down 1.3% from $60.5M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of CET and 1 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 8 added.

The largest buyer was Gramercy Funds Management, adding an estimated $1.23M. The largest seller was Bulldog Investors, cutting an estimated $2.02M.

  • 37 institutional investors held Central Securities Corp (CET) as of Q2 2015, down from 40 in Q1 2015.
  • Funds reported $59.7M of Central Securities Corp stock for Q2 2015, down 1.3% quarter-over-quarter.
  • 1 fund opened new Central Securities Corp positions in Q2 2015 and 3 closed out, a net change of -2 holders.
  • The largest Central Securities Corp buyer in Q2 2015 was Gramercy Funds Management, an estimated $1.23M added.
  • The largest Central Securities Corp seller in Q2 2015 was Bulldog Investors, an estimated $2.02M sold.

Based on aggregated 13F filings for Q2 2015.