Celestica
CLS
123 hedge funds and large institutions have $954M invested in Celestica in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 52 reducing their positions, and 27 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.18% more ownership
Funds ownership: 72.6% → 73.78% (+1.2%)
1% less capital invested
Capital invested by funds: $961M → $954M (-$7.5M)
8% less funds holding
Funds holding: 134 → 123 (-11)
15% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $1.59M
25% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 52
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$38.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$34.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$31.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.6M |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.4M |
| 2 |
Renaissance Technologies
New York
|
-$9.72M |
| 3 |
Morgan Stanley
New York
|
-$8.99M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$7.51M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$7.12M |
CLS Hedge Fund Activity: Q1 2018 in Review
123 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q1 2018, worth a combined $954M — down 0.78% from $961M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of CLS and 16 opened new positions — a net loss of 11 holders — while 52 trimmed existing stakes and 39 added.
The largest buyer was Lakewood Capital Management, opening a new position worth an estimated $38.3M. The largest seller was Fidelity Investments, cutting an estimated $13.4M.
- 123 institutional investors held Celestica (CLS) as of Q1 2018, down from 134 in Q4 2017.
- Funds reported $954M of Celestica stock for Q1 2018, down 0.78% quarter-over-quarter.
- 16 funds opened new Celestica positions in Q1 2018 and 27 closed out, a net change of -11 holders.
- The largest Celestica buyer in Q1 2018 was Lakewood Capital Management, an estimated $38.3M added.
- The largest Celestica seller in Q1 2018 was Fidelity Investments, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2018.