Central Securities Corp
47 hedge funds and large institutions have $60.7M invested in Central Securities Corp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more funds holding
Funds holding: 41 → 47 (+6)
2% more capital invested
Capital invested by funds: $59.3M → $60.7M (+$1.45M)
0.64% more ownership
Funds ownership: 11.35% → 11.99% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.67M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$3.21M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.73M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$821K |
| 5 |
Citigroup
New York
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$10.5M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$101K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$97.9K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$67.9K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$53.1K |
CET Hedge Fund Activity: Q4 2016 in Review
47 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2016, worth a combined $60.7M — up 2.4% from $59.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CET positions and 1 closed out — a net gain of 6 holders — while 21 added to existing stakes and 13 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $5.67M. The largest seller was Gramercy Funds Management, cutting an estimated $10.5M.
- 47 institutional investors held Central Securities Corp (CET) as of Q4 2016, up from 41 in Q3 2016.
- Funds reported $60.7M of Central Securities Corp stock for Q4 2016, up 2.4% quarter-over-quarter.
- 7 funds opened new Central Securities Corp positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest Central Securities Corp buyer in Q4 2016 was Bulldog Investors, an estimated $5.67M added.
- The largest Central Securities Corp seller in Q4 2016 was Gramercy Funds Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2016.