Central Securities Corp
62 hedge funds and large institutions have $99M invested in Central Securities Corp in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 13 closing their positions.
1.71% less ownership
Funds ownership: 10.46% → 8.75% (-1.7%)
15% less funds holding
Funds holding: 73 → 62 (-11)
19% less capital invested
Capital invested by funds: $123M → $99M (-$23.7M)
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$471K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$274K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$135K |
| 4 |
RR
Robotti Robert
|
+$124K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$97.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.05M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.11M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3M |
| 4 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$1.4M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$873K |
CET Hedge Fund Activity: Q1 2022 in Review
62 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2022, worth a combined $99M — down 19% from $123M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CET and 4 opened new positions — a net loss of 9 holders — while 24 trimmed existing stakes and 13 added.
The largest buyer was Johnson Investment Counsel, opening a new position worth an estimated $471K. The largest seller was Bulldog Investors, cutting an estimated $4.05M.
- 62 institutional investors held Central Securities Corp (CET) as of Q1 2022, down from 73 in Q4 2021.
- Funds reported $99M of Central Securities Corp stock for Q1 2022, down 19% quarter-over-quarter.
- 4 funds opened new Central Securities Corp positions in Q1 2022 and 13 closed out, a net change of -9 holders.
- The largest Central Securities Corp buyer in Q1 2022 was Johnson Investment Counsel, an estimated $471K added.
- The largest Central Securities Corp seller in Q1 2022 was Bulldog Investors, an estimated $4.05M sold.
Based on aggregated 13F filings for Q1 2022.