Celestica
125 hedge funds and large institutions have $287M invested in Celestica in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
12% more funds holding
Funds holding: 112 → 125 (+13)
3.62% less ownership
Funds ownership: 78.4% → 74.78% (-3.6%)
60% less capital invested
Capital invested by funds: $714M → $287M (-$427M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $748K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$15.4M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.93M |
| 3 |
Pzena Investment Management
New York
|
+$8.79M |
| 4 |
Morgan Stanley
New York
|
+$8.69M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$39.2M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$15.8M |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$12.9M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$12.4M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Northern Trust
Chicago,
Illinois
| – | -$379K | -45,779 | Closed |
|
127
Point72 Asset Management
Stamford,
Connecticut
| – | -$347K | -42,000 | Closed |
|
|
CCP
128
Corient Capital Partners
Newport Beach,
California
| – | -$168K | -20,304 | Closed |
|
|
TI
129
Trexquant Investment
Stamford,
Connecticut
| – | -$146K | -17,689 | Closed |
|
|
OAM
130
Oxford Asset Management
Oxford,
United Kingdom
| – | -$138K | -16,743 | Closed |
|
|
OFS
131
OneAscent Financial Services
Birmingham,
Alabama
| – | -$113K | -13,666 | Closed |
|
132
HSBC Holdings
London,
United Kingdom
| – | -$101K | -12,072 | Closed |
|
|
LC
133
Lindbrook Capital
Calabasas,
California
| – | -$5K | -648 | Closed |
|
134
Wells Fargo
San Francisco,
California
| – | -$5K | -615 | Closed |
|
135
Group One Trading
Chicago,
Illinois
| – | -$1.38K | -200 | Closed |
|
|
SWA
136
Sutton Wealth Advisors
Tampa,
Florida
| – | -$463 | -56 | Closed |
|
CLS Hedge Fund Activity: Q1 2020 in Review
125 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q1 2020, worth a combined $287M — down 60% from $714M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CLS positions and 13 closed out — a net gain of 14 holders — while 52 added to existing stakes and 36 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $15.4M. The largest seller was Guardian Capital (Canada), cutting an estimated $39.2M.
- 125 institutional investors held Celestica (CLS) as of Q1 2020, up from 112 in Q4 2019.
- Funds reported $287M of Celestica stock for Q1 2020, down 60% quarter-over-quarter.
- 27 funds opened new Celestica positions in Q1 2020 and 13 closed out, a net change of +14 holders.
- The largest Celestica buyer in Q1 2020 was Hillsdale Investment Management, an estimated $15.4M added.
- The largest Celestica seller in Q1 2020 was Guardian Capital (Canada), an estimated $39.2M sold.
Based on aggregated 13F filings for Q1 2020.