Celestica
118 hedge funds and large institutions have $973M invested in Celestica in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 52 reducing their positions, and 16 closing their positions.
15% more capital invested
Capital invested by funds: $848M → $973M (+$125M)
1.33% less ownership
Funds ownership: 73.2% → 71.87% (-1.3%)
5% less funds holding
Funds holding: 124 → 118 (-6)
21% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 52
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
40% less call options, than puts
Call options by funds: $671K | Put options by funds: $1.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$18.5M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$11M |
| 3 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$10.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.17M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$5.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$47.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.87M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.39M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.95M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIM
126
Freedom Investment Management
Hartford,
Connecticut
| – | -$154K | -16,545 | Closed |
|
|
FRM
127
Fox Run Management
Greenwich,
Connecticut
| – | -$135K | -14,500 | Closed |
|
|
NCCM
128
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$104K | -11,200 | Closed |
|
|
SCM
129
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$100K | -10,710 | Closed |
|
|
QT
130
Quantbot Technologies
New York
| – | -$80K | -8,650 | Closed |
|
|
AIM
131
Acrospire Investment Management
Chicago,
Illinois
| – | -$47K | -5,097 | Closed |
|
132
JP Morgan Chase
New York
| – | -$3K | -344 | Closed |
|
133
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -244 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$694 | -66 | -69% |
|
CLS Hedge Fund Activity: Q3 2016 in Review
118 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q3 2016, worth a combined $973M — up 15% from $848M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CLS and 11 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 41 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $18.5M. The largest seller was Toronto Dominion Bank, cutting an estimated $47.1M.
- 118 institutional investors held Celestica (CLS) as of Q3 2016, down from 124 in Q2 2016.
- Funds reported $973M of Celestica stock for Q3 2016, up 15% quarter-over-quarter.
- 11 funds opened new Celestica positions in Q3 2016 and 16 closed out, a net change of -5 holders.
- The largest Celestica buyer in Q3 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $18.5M added.
- The largest Celestica seller in Q3 2016 was Toronto Dominion Bank, an estimated $47.1M sold.
Based on aggregated 13F filings for Q3 2016.