Celestica
134 hedge funds and large institutions have $961M invested in Celestica in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.41% more ownership
Funds ownership: 71.19% → 72.6% (+1.4%)
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0% more funds holding
Funds holding: 134 → 134 (0)
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
13% less capital invested
Capital invested by funds: $1.11B → $961M (-$145M)
95% less call options, than puts
Call options by funds: $70K | Put options by funds: $1.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$40.4M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$32.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.7M |
| 4 |
EC
Engaged Capital
Newport Beach,
California
|
+$16.2M |
| 5 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$49.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$34.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$12.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LG
151
Leuthold Group
Minneapolis,
Minnesota
| – | -$132K | -10,695 | Closed |
|
|
MF
152
Magnetar Financial
Evanston,
Illinois
| – | -$126K | -10,154 | Closed |
|
|
PCM
153
Prelude Capital Management
New York
| – | -$77K | -6,200 | Closed |
|
|
BONST
154
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$24K | -2,000 | Closed |
|
|
CMBA
155
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$8K | -630 | Closed |
|
|
TDC
156
Thompson Davis & Co
Richmond,
Virginia
| – | -$3K | -250 | Closed |
|
157
BNP Paribas Financial Markets
Paris,
France
| – | -$312 | -21 | Closed |
|
CLS Hedge Fund Activity: Q4 2017 in Review
134 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q4 2017, worth a combined $961M — down 13% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CLS positions and 25 closed out — a net gain of 2 holders — while 43 added to existing stakes and 46 trimmed.
The largest buyer was Brandes Investment Partners, opening a new position worth an estimated $40.4M. The largest seller was 1832 Asset Management, cutting an estimated $49.1M.
- 134 institutional investors held Celestica (CLS) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $961M of Celestica stock for Q4 2017, down 13% quarter-over-quarter.
- 27 funds opened new Celestica positions in Q4 2017 and 25 closed out, a net change of +2 holders.
- The largest Celestica buyer in Q4 2017 was Brandes Investment Partners, an estimated $40.4M added.
- The largest Celestica seller in Q4 2017 was 1832 Asset Management, an estimated $49.1M sold.
Based on aggregated 13F filings for Q4 2017.