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CET

Central Securities Corp

50 hedge funds and large institutions have $96.2M invested in Central Securities Corp in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

2% more capital invested

Capital invested by funds: $94.1M → $96.2M (+$2.16M)

0.35% less ownership

Funds ownership: 11.73%11.38% (-0.35%)

15% less funds holding

Funds holding: 5950 (-9)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

90% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 10

Holders
50
Holders Change
-9
Holders Change %
-15.25%
% of All Funds
0.99%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
1
Increased
22
Reduced
14
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$12.7M +$712K +22,111 +6%
1CP
2
1607 Capital Partners
Virginia
$12.3M -$38.6K -1,200 -0.3%
BI
3
Bulldog Investors
New Jersey
$12.1M
RJA
4
Raymond James & Associates
Florida
$10.8M -$447K -13,884 -4%
SFS
5
Shaker Financial Services
Virginia
$5.8M -$860K -26,695 -13%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$5.66M +$766K +23,781 +16%
Morgan Stanley
7
Morgan Stanley
New York
$5.23M +$178K +5,517 +4%
Wells Fargo
8
Wells Fargo
California
$2.3M +$122K +3,804 +6%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$2.29M -$656K -20,384 -23%
Stifel Financial
10
Stifel Financial
Missouri
$1.87M +$206K +6,408 +13%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.56M +$35.9K +1,115 +2%
First Trust Advisors
12
First Trust Advisors
Illinois
$1.45M +$364K +11,289 +35%
CL
13
CSS LLC
Illinois
$1.22M
CIBC World Market
14
CIBC World Market
Ontario, Canada
$1.12M +$70.4K +2,187 +7%
BBHC
15
Brown Brothers Harriman & Co
New York
$1.1M
BBPWM
16
Blue Bell Private Wealth Management
Pennsylvania
$1.07M +$8.53K +265 +0.8%
IFWM
17
Institute for Wealth Management
Colorado
$1.04M -$8.21K -255 -0.8%
CTA
18
Colonial Trust Advisors
South Carolina
$1.03M +$34.8K +1,082 +4%
SCA
19
Sippican Capital Advisors
Massachusetts
$960K
ZIG
20
Zuckerman Investment Group
Illinois
$953K +$32.2K +1,001 +4%
UCI
21
Uncommon Cents Investing
Wisconsin
$900K -$93.5K -2,905 -10%
NRS
22
Neville Rodie & Shaw
New York
$858K
JC
23
JBF Capital
Colorado
$828K
SCI
24
S&CO Inc
Massachusetts
$796K +$4.44K +138 +0.6%
First Manhattan
25
First Manhattan
New York
$737K +$21.5K +668 +3%

CET Hedge Fund Activity: Q4 2019 in Review

50 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2019, worth a combined $96.2M — up 2.3% from $94.1M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of CET and 1 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 22 added.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $766K. The largest seller was Matisse Capital, cutting an estimated $1.76M.

  • 50 institutional investors held Central Securities Corp (CET) as of Q4 2019, down from 59 in Q3 2019.
  • Funds reported $96.2M of Central Securities Corp stock for Q4 2019, up 2.3% quarter-over-quarter.
  • 1 fund opened new Central Securities Corp positions in Q4 2019 and 10 closed out, a net change of -9 holders.
  • The largest Central Securities Corp buyer in Q4 2019 was Raymond James Financial Services Advisors, an estimated $766K added.
  • The largest Central Securities Corp seller in Q4 2019 was Matisse Capital, an estimated $1.76M sold.

Based on aggregated 13F filings for Q4 2019.