Central Securities Corp
43 hedge funds and large institutions have $51.4M invested in Central Securities Corp in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
19% more funds holding
Funds holding: 36 → 43 (+7)
0.18% more ownership
Funds ownership: 10.27% → 10.45% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $53.2M → $51.4M (-$1.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.8M |
| 2 |
Citigroup
New York
|
+$938K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$883K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$641K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.82M |
| 2 |
Morgan Stanley
New York
|
-$4.07M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$770K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$720K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$468K |
CET Hedge Fund Activity: Q4 2015 in Review
43 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2015, worth a combined $51.4M — down 3.4% from $53.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CET positions and 4 closed out — a net gain of 7 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $1.8M. The largest seller was Bulldog Investors, exiting entirely with an estimated $4.82M sold.
- 43 institutional investors held Central Securities Corp (CET) as of Q4 2015, up from 36 in Q3 2015.
- Funds reported $51.4M of Central Securities Corp stock for Q4 2015, down 3.4% quarter-over-quarter.
- 11 funds opened new Central Securities Corp positions in Q4 2015 and 4 closed out, a net change of +7 holders.
- The largest Central Securities Corp buyer in Q4 2015 was Gramercy Funds Management, an estimated $1.8M added.
- The largest Central Securities Corp seller in Q4 2015 was Bulldog Investors, an estimated $4.82M sold.
Based on aggregated 13F filings for Q4 2015.