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CET

Central Securities Corp

80 hedge funds and large institutions have $111M invested in Central Securities Corp in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

11% more capital invested

Capital invested by funds: $100M → $111M (+$11.2M)

11% more funds holding

Funds holding: 7280 (+8)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.1% less ownership

Funds ownership: 9.45%9.35% (-0.1%)

17% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 23

Holders
80
Holders Change
+8
Holders Change %
+11.11%
% of All Funds
1.15%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
15
Increased
19
Reduced
23
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$13.9M +$445K +11,504 +4%
BI
2
Bulldog Investors
New Jersey
$10.5M +$82.5K +2,132 +0.9%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$7.99M +$192K +4,957 +3%
SFS
4
Shaker Financial Services
Virginia
$6.05M -$2.55M -65,830 -31%
Morgan Stanley
5
Morgan Stanley
New York
$5.33M -$4.21M -108,644 -46%
TAM
6
Third Avenue Management
New York
$4.65M
AA
7
AQR Arbitrage
Connecticut
$4.39M +$1.35M +34,940 +50%
RJA
8
Raymond James & Associates
Florida
$4.27M -$199K -5,133 -5%
BBPWM
9
Blue Bell Private Wealth Management
Pennsylvania
$3.91M +$1.24M +32,158 +52%
TJHA
10
Thomas J. Herzfeld Advisors
Florida
$3.66M -$117K -3,032 -3%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$2.78M +$234K +6,041 +10%
MC
12
Matisse Capital
Oregon
$2.51M +$2.32M +60,000 New
Pathstone Holdings
13
Pathstone Holdings
New Jersey
$2.39M +$279K +7,196 +14%
AC
14
Almitas Capital
California
$2.07M +$813 +21 +0%
CTA
15
Colonial Trust Advisors
South Carolina
$1.97M
IWC
16
Integrated Wealth Concepts
Massachusetts
$1.92M -$103K -2,666 -5%
First Trust Advisors
17
First Trust Advisors
Illinois
$1.86M +$49.5K +1,278 +3%
CL
18
CSS LLC
Illinois
$1.78M
CIA
19
Capital Investment Advisors
Georgia
$1.61M -$18.9K -489 -1%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$1.53M +$1.41M +36,539 New
RGC
21
Roberts, Glore & Co
Illinois
$1.42M +$42.5K +1,098 +3%
COLIM
22
City of London Investment Management
United Kingdom
$1.41M +$832K +21,500 +176%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.21M -$83.8K -2,164 -7%
UCI
24
Uncommon Cents Investing
Wisconsin
$1.19M +$2.9K +75 +0.3%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$1.13M

CET Hedge Fund Activity: Q1 2024 in Review

80 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Central Securities Corp (CET) for Q1 2024, worth a combined $111M — up 11% from $100M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new CET positions and 7 closed out — a net gain of 8 holders — while 19 added to existing stakes and 23 trimmed.

The largest buyer was Matisse Capital, opening a new position worth an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $4.21M.

  • 80 institutional investors held Central Securities Corp (CET) as of Q1 2024, up from 72 in Q4 2023.
  • Funds reported $111M of Central Securities Corp stock for Q1 2024, up 11% quarter-over-quarter.
  • 15 funds opened new Central Securities Corp positions in Q1 2024 and 7 closed out, a net change of +8 holders.
  • The largest Central Securities Corp buyer in Q1 2024 was Matisse Capital, an estimated $2.32M added.
  • The largest Central Securities Corp seller in Q1 2024 was Morgan Stanley, an estimated $4.21M sold.

Based on aggregated 13F filings for Q1 2024.