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CET

Central Securities Corp

52 hedge funds and large institutions have $91.8M invested in Central Securities Corp in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

16% more funds holding

Funds holding: 4552 (+7)

11% more capital invested

Capital invested by funds: $82.4M → $91.8M (+$9.41M)

0.62% more ownership

Funds ownership: 11.76%12.38% (+0.62%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

42% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 19

Holders
52
Holders Change
+7
Holders Change %
+15.56%
% of All Funds
1.19%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
9
Increased
11
Reduced
19
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$17.3M +$6.41M +222,165 +61%
TJHA
2
Thomas J. Herzfeld Advisors
Florida
$13.9M +$94.5K +3,277 +0.7%
1CP
3
1607 Capital Partners
Virginia
$10.2M +$283K +9,800 +3%
SFS
4
Shaker Financial Services
Virginia
$8.91M -$76.9K -2,666 -0.9%
RJA
5
Raymond James & Associates
Florida
$7.42M +$310K +10,753 +4%
Morgan Stanley
6
Morgan Stanley
New York
$4.35M -$99.6K -3,454 -2%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$2.86M -$1.21M -41,795 -30%
Wells Fargo
8
Wells Fargo
California
$1.61M +$133K +4,628 +9%
MC
9
Matisse Capital
Oregon
$1.57M -$3.8M -131,831 -71%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$1.45M +$14.3K +497 +1%
CCP
11
Centaur Capital Partners
Texas
$1.27M
GC
12
Guggenheim Capital
Illinois
$1.12M -$24.1K -837 -2%
ZIG
13
Zuckerman Investment Group
Illinois
$1.1M
CL
14
CSS LLC
Illinois
$1.04M
CIBC World Market
15
CIBC World Market
Ontario, Canada
$985K -$16.7K -578 -2%
BBHC
16
Brown Brothers Harriman & Co
New York
$983K
IFWM
17
Institute for Wealth Management
Colorado
$955K -$12.8K -445 -1%
First Manhattan
18
First Manhattan
New York
$930K -$51.9K -1,800 -5%
BBPWM
19
Blue Bell Private Wealth Management
Pennsylvania
$854K -$56.7K -1,965 -6%
CTA
20
Colonial Trust Advisors
South Carolina
$829K
SCA
21
Sippican Capital Advisors
Massachusetts
$812K -$28.8K -1,000 -3%
NRS
22
Neville Rodie & Shaw
New York
$765K +$748K +25,925 New
JC
23
JBF Capital
Colorado
$738K
WAM
24
Wolverine Asset Management
Illinois
$663K +$649K +22,507 New
6M
25
6 Meridian
Kansas
$658K +$173K +5,996 +37%

CET Hedge Fund Activity: Q3 2018 in Review

52 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q3 2018, worth a combined $91.8M — up 11% from $82.4M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new CET positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 19 trimmed.

The largest buyer was Bulldog Investors, adding an estimated $6.41M. The largest seller was Matisse Capital, cutting an estimated $3.8M.

  • 52 institutional investors held Central Securities Corp (CET) as of Q3 2018, up from 45 in Q2 2018.
  • Funds reported $91.8M of Central Securities Corp stock for Q3 2018, up 11% quarter-over-quarter.
  • 9 funds opened new Central Securities Corp positions in Q3 2018 and 2 closed out, a net change of +7 holders.
  • The largest Central Securities Corp buyer in Q3 2018 was Bulldog Investors, an estimated $6.41M added.
  • The largest Central Securities Corp seller in Q3 2018 was Matisse Capital, an estimated $3.8M sold.

Based on aggregated 13F filings for Q3 2018.