Celestica
124 hedge funds and large institutions have $848M invested in Celestica in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 12 closing their positions.
730% more call options, than puts
Call options by funds: $631K | Put options by funds: $76K
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
12% more funds holding
Funds holding: 111 → 124 (+13)
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
8.25% more ownership
Funds ownership: 64.96% → 73.2% (+8.2%)
10% less capital invested
Capital invested by funds: $941M → $848M (-$93M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$43.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$26.2M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$21.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$11.2M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$9.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$38.1M |
| 2 |
CL
Chubb Ltd
Zurich,
Switzerland
|
-$10.8M |
| 3 |
Citigroup
New York
|
-$6.84M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$6.68M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$5.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
126
Brookfield Corp
Toronto,
Ontario, Canada
| – | -$6.68M | -607,996 | Closed |
|
|
DVM
127
Dreman Value Management
West Palm Beach,
Florida
| – | -$5.03M | -458,050 | Closed |
|
128
Ameriprise
Minneapolis,
Minnesota
| – | -$1.77M | -161,386 | Closed |
|
|
HHC
129
Hutchin Hill Capital
New York
| – | -$460K | -41,900 | Closed |
|
|
GAM
130
Gotham Asset Management
New York
| – | -$319K | -29,055 | Closed |
|
131
Axa
Paris,
France
| – | -$255K | -23,100 | Closed |
|
132
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$164K | -14,903 | Closed |
|
|
AIG
133
American International Group
New York
| – | -$31K | -2,800 | Closed |
|
|
CCA
134
Checchi Capital Advisers
Beverly Hills,
California
| – | -$4K | -398 | Closed |
|
|
HAM
135
Highstreet Asset Management
London,
Ontario, Canada
| – | -$4K | -361 | Closed |
|
|
WAM
136
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -50 | Closed |
|
CLS Hedge Fund Activity: Q2 2016 in Review
124 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q2 2016, worth a combined $848M — down 9.9% from $941M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CLS positions and 12 closed out — a net gain of 14 holders — while 42 added to existing stakes and 38 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $43.7M. The largest seller was AllianceBernstein, cutting an estimated $38.1M.
- 124 institutional investors held Celestica (CLS) as of Q2 2016, up from 111 in Q1 2016.
- Funds reported $848M of Celestica stock for Q2 2016, down 9.9% quarter-over-quarter.
- 26 funds opened new Celestica positions in Q2 2016 and 12 closed out, a net change of +14 holders.
- The largest Celestica buyer in Q2 2016 was Mackenzie Financial, an estimated $43.7M added.
- The largest Celestica seller in Q2 2016 was AllianceBernstein, an estimated $38.1M sold.
Based on aggregated 13F filings for Q2 2016.