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CET

Central Securities Corp

53 hedge funds and large institutions have $104M invested in Central Securities Corp in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

75% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 12

16% more capital invested

Capital invested by funds: $89.9M → $104M (+$14.1M)

10% more funds holding

Funds holding: 4853 (+5)

0.31% more ownership

Funds ownership: 12.01%12.32% (+0.31%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
53
Holders Change
+5
Holders Change %
+10.42%
% of All Funds
0.94%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
7
Increased
21
Reduced
12
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$13.4M +$249K +8,211 +2%
BI
2
Bulldog Investors
New Jersey
$12.4M -$66.7K -2,201 -0.6%
RJA
3
Raymond James & Associates
Florida
$10.1M -$150K -4,950 -2%
MC
4
Matisse Capital
Oregon
$9.7M
RJFSA
5
Raymond James Financial Services Advisors
Florida
$6.74M +$527K +17,378 +9%
SFS
6
Shaker Financial Services
Virginia
$6.02M +$1.01M +33,429 +22%
TJHA
7
Thomas J. Herzfeld Advisors
Florida
$5.46M -$133K -4,378 -3%
TAM
8
Third Avenue Management
New York
$3.63M
Morgan Stanley
9
Morgan Stanley
New York
$3.44M +$70.4K +2,321 +2%
Stifel Financial
10
Stifel Financial
Missouri
$2.67M +$532K +17,547 +27%
Wells Fargo
11
Wells Fargo
California
$2.41M -$22K -726 -1%
CCP
12
Clough Capital Partners
Massachusetts
$2.25M +$30K +990 +1%
First Trust Advisors
13
First Trust Advisors
Illinois
$1.84M +$13.7K +451 +0.8%
PPA
14
Parametric Portfolio Associates
Washington
$1.76M +$328K +10,809 +25%
WAM
15
Wolverine Asset Management
Illinois
$1.55M +$154K +5,066 +12%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.5M -$16.6K -546 -1%
COLIM
17
City of London Investment Management
United Kingdom
$1.36M +$219K +7,221 +21%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$1.29M +$139K +4,600 +13%
CL
19
CSS LLC
Illinois
$1.2M
BBHC
20
Brown Brothers Harriman & Co
New York
$1.09M
ZIG
21
Zuckerman Investment Group
Illinois
$940K
IFWM
22
Institute for Wealth Management
Colorado
$939K -$15.7K -518 -2%
SCA
23
Sippican Capital Advisors
Massachusetts
$849K
UCI
24
Uncommon Cents Investing
Wisconsin
$845K +$41.2K +1,360 +6%
SCI
25
S&CO Inc
Massachusetts
$817K +$35K +1,153 +5%

CET Hedge Fund Activity: Q4 2020 in Review

53 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q4 2020, worth a combined $104M — up 16% from $89.9M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CET positions and 2 closed out — a net gain of 5 holders — while 21 added to existing stakes and 12 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $1.01M. The largest seller was JBF Capital, exiting entirely with an estimated $725K sold.

  • 53 institutional investors held Central Securities Corp (CET) as of Q4 2020, up from 48 in Q3 2020.
  • Funds reported $104M of Central Securities Corp stock for Q4 2020, up 16% quarter-over-quarter.
  • 7 funds opened new Central Securities Corp positions in Q4 2020 and 2 closed out, a net change of +5 holders.
  • The largest Central Securities Corp buyer in Q4 2020 was Shaker Financial Services, an estimated $1.01M added.
  • The largest Central Securities Corp seller in Q4 2020 was JBF Capital, an estimated $725K sold.

Based on aggregated 13F filings for Q4 2020.