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CET

Central Securities Corp

57 hedge funds and large institutions have $119M invested in Central Securities Corp in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

15% more capital invested

Capital invested by funds: $104M → $119M (+$15.1M)

8% more funds holding

Funds holding: 5357 (+4)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.25% less ownership

Funds ownership: 12.32%12.08% (-0.25%)

19% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 16

Holders
57
Holders Change
+4
Holders Change %
+7.55%
% of All Funds
1%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
7
Increased
13
Reduced
16
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$15.4M -$135K -3,814 -0.9%
BI
2
Bulldog Investors
New Jersey
$14.4M -$12.2K -345 -0.1%
RJA
3
Raymond James & Associates
Florida
$12.4M +$633K +17,880 +6%
MC
4
Matisse Capital
Oregon
$11.2M -$77.9K -2,200 -0.7%
SFS
5
Shaker Financial Services
Virginia
$6.82M -$162K -4,573 -2%
TJHA
6
Thomas J. Herzfeld Advisors
Florida
$6.43M +$87.1K +2,458 +1%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$6.34M -$1.38M -38,982 -19%
PPA
8
Parametric Portfolio Associates
Washington
$5.02M +$2.78M +78,412 +145%
TAM
9
Third Avenue Management
New York
$4.22M
Morgan Stanley
10
Morgan Stanley
New York
$3.71M -$266K -7,513 -7%
Stifel Financial
11
Stifel Financial
Missouri
$2.94M -$149K -4,206 -5%
Wells Fargo
12
Wells Fargo
California
$2.57M -$207K -5,850 -8%
First Trust Advisors
13
First Trust Advisors
Illinois
$2.19M +$54.7K +1,544 +3%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$1.9M +$362K +10,226 +26%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.65M -$97K -2,739 -6%
CL
16
CSS LLC
Illinois
$1.39M
COLIM
17
City of London Investment Management
United Kingdom
$1.35M -$226K -6,382 -15%
CCP
18
Clough Capital Partners
Massachusetts
$1.29M -$1.23M -34,842 -51%
WAM
19
Wolverine Asset Management
Illinois
$1.16M -$599K -16,910 -36%
IFWM
20
Institute for Wealth Management
Colorado
$1.09M
ZIG
21
Zuckerman Investment Group
Illinois
$1.09M
UCI
22
Uncommon Cents Investing
Wisconsin
$994K +$11.5K +325 +1%
SCA
23
Sippican Capital Advisors
Massachusetts
$986K
RGC
24
Roberts, Glore & Co
Illinois
$961K +$80.5K +2,272 +10%
SCI
25
S&CO Inc
Massachusetts
$948K

CET Hedge Fund Activity: Q1 2021 in Review

57 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2021, worth a combined $119M — up 15% from $104M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CET positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 16 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $2.78M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.38M.

  • 57 institutional investors held Central Securities Corp (CET) as of Q1 2021, up from 53 in Q4 2020.
  • Funds reported $119M of Central Securities Corp stock for Q1 2021, up 15% quarter-over-quarter.
  • 7 funds opened new Central Securities Corp positions in Q1 2021 and 3 closed out, a net change of +4 holders.
  • The largest Central Securities Corp buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $2.78M added.
  • The largest Central Securities Corp seller in Q1 2021 was Raymond James Financial Services Advisors, an estimated $1.38M sold.

Based on aggregated 13F filings for Q1 2021.