Central Securities Corp
44 hedge funds and large institutions have $49.5M invested in Central Securities Corp in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 43 → 44 (+1)
0.03% more ownership
Funds ownership: 10.45% → 10.47% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $51.4M → $49.5M (-$1.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.48M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.01M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$437K |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$387K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.12M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$838K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$459K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$335K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$307K |
CET Hedge Fund Activity: Q1 2016 in Review
44 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2016, worth a combined $49.5M — down 3.7% from $51.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CET positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $2.48M. The largest seller was Morgan Stanley, cutting an estimated $1.12M.
- 44 institutional investors held Central Securities Corp (CET) as of Q1 2016, up from 43 in Q4 2015.
- Funds reported $49.5M of Central Securities Corp stock for Q1 2016, down 3.7% quarter-over-quarter.
- 6 funds opened new Central Securities Corp positions in Q1 2016 and 5 closed out, a net change of +1 holder.
- The largest Central Securities Corp buyer in Q1 2016 was Bulldog Investors, an estimated $2.48M added.
- The largest Central Securities Corp seller in Q1 2016 was Morgan Stanley, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2016.