Central Securities Corp
41 hedge funds and large institutions have $72.2M invested in Central Securities Corp in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 4 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more capital invested
Capital invested by funds: $65.9M → $72.2M (+$6.26M)
0.6% more ownership
Funds ownership: 10.65% → 11.25% (+0.6%)
2% less funds holding
Funds holding: 42 → 41 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.65M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.12M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$480K |
| 4 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$440K |
| 5 |
Citigroup
New York
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$485K |
| 2 |
HI
Hendershot Investments
Centreville,
Virginia
|
-$375K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$369K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$160K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$140K |
CET Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q3 2017, worth a combined $72.2M — up 9.5% from $65.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CET and 3 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 8 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.65M. The largest seller was Guggenheim Capital, cutting an estimated $485K.
- 41 institutional investors held Central Securities Corp (CET) as of Q3 2017, down from 42 in Q2 2017.
- Funds reported $72.2M of Central Securities Corp stock for Q3 2017, up 9.5% quarter-over-quarter.
- 3 funds opened new Central Securities Corp positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest Central Securities Corp buyer in Q3 2017 was Shaker Financial Services, an estimated $2.65M added.
- The largest Central Securities Corp seller in Q3 2017 was Guggenheim Capital, an estimated $485K sold.
Based on aggregated 13F filings for Q3 2017.