Central Securities Corp
48 hedge funds and large institutions have $72.5M invested in Central Securities Corp in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.54% less ownership
Funds ownership: 11.38% → 10.84% (-0.54%)
4% less funds holding
Funds holding: 50 → 48 (-2)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
25% less capital invested
Capital invested by funds: $96.2M → $72.5M (-$23.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$4.41M |
| 2 |
TAM
Third Avenue Management
New York
|
+$3.41M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$735K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$571K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.44M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.04M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.29M |
| 4 |
Morgan Stanley
New York
|
-$1.5M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$783K |
CET Hedge Fund Activity: Q1 2020 in Review
48 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2020, worth a combined $72.5M — down 25% from $96.2M a quarter earlier.
Fund positioning in CET was balanced in Q1 2020: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 15 trimmed.
The largest buyer was Matisse Capital, adding an estimated $4.41M. The largest seller was Shaker Financial Services, cutting an estimated $4.44M.
- 48 institutional investors held Central Securities Corp (CET) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $72.5M of Central Securities Corp stock for Q1 2020, down 25% quarter-over-quarter.
- 4 funds opened new Central Securities Corp positions in Q1 2020 and 4 closed out, a net change of 0 holders.
- The largest Central Securities Corp buyer in Q1 2020 was Matisse Capital, an estimated $4.41M added.
- The largest Central Securities Corp seller in Q1 2020 was Shaker Financial Services, an estimated $4.44M sold.
Based on aggregated 13F filings for Q1 2020.