Central Securities Corp
40 hedge funds and large institutions have $59.3M invested in Central Securities Corp in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
8% more capital invested
Capital invested by funds: $55M → $59.3M (+$4.26M)
0.85% more ownership
Funds ownership: 10.5% → 11.35% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 42 → 40 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.33M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$880K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$553K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$343K |
| 5 |
Citigroup
New York
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$702K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$429K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$416K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$180K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$117K |
CET Hedge Fund Activity: Q3 2016 in Review
40 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q3 2016, worth a combined $59.3M — up 7.8% from $55M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CET and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 11 added.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $4.33M. The largest seller was Morgan Stanley, cutting an estimated $702K.
- 40 institutional investors held Central Securities Corp (CET) as of Q3 2016, down from 42 in Q2 2016.
- Funds reported $59.3M of Central Securities Corp stock for Q3 2016, up 7.8% quarter-over-quarter.
- 2 funds opened new Central Securities Corp positions in Q3 2016 and 3 closed out, a net change of -1 holder.
- The largest Central Securities Corp buyer in Q3 2016 was Geode Capital Management, an estimated $4.33M added.
- The largest Central Securities Corp seller in Q3 2016 was Morgan Stanley, an estimated $702K sold.
Based on aggregated 13F filings for Q3 2016.