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CET

Central Securities Corp

46 hedge funds and large institutions have $79.6M invested in Central Securities Corp in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

60% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 10

12% more funds holding

Funds holding: 4146 (+5)

10% more capital invested

Capital invested by funds: $72.2M → $79.6M (+$7.37M)

0.61% more ownership

Funds ownership: 11.25%11.86% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
46
Holders Change
+5
Holders Change %
+12.2%
% of All Funds
1.04%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
10
Increased
16
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$13.5M +$2.29M +85,810 +21%
BI
2
Bulldog Investors
New Jersey
$10.1M +$822K +30,782 +8%
SFS
3
Shaker Financial Services
Virginia
$8.75M -$1.48M -55,459 -15%
MC
4
Matisse Capital
Oregon
$7.64M -$28.9K -1,083 -0.4%
RJA
5
Raymond James & Associates
Florida
$6.36M -$6.49K -243 -0.1%
1CP
6
1607 Capital Partners
Virginia
$6.32M -$358K -13,400 -5%
Morgan Stanley
7
Morgan Stanley
New York
$4.39M +$177K +6,613 +4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$4.01M -$384K -14,358 -9%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$1.39M -$10.6K -397 -0.8%
CCP
10
Centaur Capital Partners
Texas
$1.12M +$1.1M +41,000 New
Citigroup
11
Citigroup
New York
$1.11M -$181K -6,786 -14%
ZIG
12
Zuckerman Investment Group
Illinois
$1.02M
GC
13
Guggenheim Capital
Illinois
$967K +$224K +8,400 +31%
CL
14
CSS LLC
Illinois
$963K +$27.3K +1,022 +3%
Wells Fargo
15
Wells Fargo
California
$952K +$408K +15,264 +78%
IFWM
16
Institute for Wealth Management
Colorado
$939K
First Manhattan
17
First Manhattan
New York
$913K
SCA
18
Sippican Capital Advisors
Massachusetts
$863K
JC
19
JBF Capital
Colorado
$685K
BBPWM
20
Blue Bell Private Wealth Management
Pennsylvania
$645K +$28.3K +1,058 +5%
UCI
21
Uncommon Cents Investing
Wisconsin
$610K +$594K +22,253 New
6M
22
6 Meridian
Kansas
$600K +$585K +21,883 New
LCM
23
Laurion Capital Management
New York
$578K +$563K +21,088 New
CTA
24
Colonial Trust Advisors
South Carolina
$559K +$336K +12,578 +161%
Baird Financial Group
25
Baird Financial Group
Wisconsin
$517K -$45.4K -1,699 -8%

CET Hedge Fund Activity: Q4 2017 in Review

46 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2017, worth a combined $79.6M — up 10% from $72.2M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new CET positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 10 trimmed.

The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $2.29M. The largest seller was Shaker Financial Services, cutting an estimated $1.48M.

  • 46 institutional investors held Central Securities Corp (CET) as of Q4 2017, up from 41 in Q3 2017.
  • Funds reported $79.6M of Central Securities Corp stock for Q4 2017, up 10% quarter-over-quarter.
  • 10 funds opened new Central Securities Corp positions in Q4 2017 and 5 closed out, a net change of +5 holders.
  • The largest Central Securities Corp buyer in Q4 2017 was Thomas J. Herzfeld Advisors, an estimated $2.29M added.
  • The largest Central Securities Corp seller in Q4 2017 was Shaker Financial Services, an estimated $1.48M sold.

Based on aggregated 13F filings for Q4 2017.