Celestica
110 hedge funds and large institutions have $805M invested in Celestica in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 42 reducing their positions, and 20 closing their positions.
333% more call options, than puts
Call options by funds: $39K | Put options by funds: $9K
10% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 42
2.06% less ownership
Funds ownership: 79.19% → 77.13% (-2.1%)
4% less funds holding
Funds holding: 114 → 110 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
23% less capital invested
Capital invested by funds: $1.05B → $805M (-$240M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$17.3M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$16M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$7.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.27M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$22M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$17.3M |
| 3 |
LCM
Lakewood Capital Management
New York
|
-$16.5M |
| 4 |
EC
Engaged Capital
Newport Beach,
California
|
-$15.6M |
| 5 |
Pzena Investment Management
New York
|
-$14.7M |
CLS Hedge Fund Activity: Q4 2018 in Review
110 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q4 2018, worth a combined $805M — down 23% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CLS and 16 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 38 added.
The largest buyer was Guardian Capital (Canada), adding an estimated $17.3M. The largest seller was CIBC Asset Management, cutting an estimated $22M.
- 110 institutional investors held Celestica (CLS) as of Q4 2018, down from 114 in Q3 2018.
- Funds reported $805M of Celestica stock for Q4 2018, down 23% quarter-over-quarter.
- 16 funds opened new Celestica positions in Q4 2018 and 20 closed out, a net change of -4 holders.
- The largest Celestica buyer in Q4 2018 was Guardian Capital (Canada), an estimated $17.3M added.
- The largest Celestica seller in Q4 2018 was CIBC Asset Management, an estimated $22M sold.
Based on aggregated 13F filings for Q4 2018.