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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.

New
Increased
Maintained
Reduced
Closed

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: 124118 (-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

Holders
118
Holders Change
-6
Holders Change %
-4.84%
% of All Funds
3.15%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
41
Reduced
52
Closed
16
Calls
$671K
Puts
$1.12M
Net Calls
-$451K
Net Calls Change
-$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
LBA
1
Letko, Brosseau & Associates
Quebec, Canada
$226M -$1.53M -145,400 -0.7%
Connor, Clark & Lunn Investment Management (CC&L)
2
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$119M +$18.5M +1,757,431 +19%
1832 Asset Management
3
1832 Asset Management
Ontario, Canada
$70.9M -$3.39M -322,010 -5%
DSC
4
Donald Smith & Co
New York
$57.9M +$343K +32,645 +0.6%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$53.3M +$5.53M +525,466 +12%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$35.7M +$5.23M +496,983 +18%
Invesco
7
Invesco
Georgia
$32.3M +$1.18M +111,965 +4%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$30.5M -$2.26M -214,523 -7%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$28.7M -$5.87M -558,310 -17%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.3M +$837K +79,612 +3%
CAM
11
Cidel Asset Management
Ontario, Canada
$25.2M +$25.6K +2,432 +0.1%
Vanguard Group
12
Vanguard Group
Pennsylvania
$23.3M +$360K +34,268 +2%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$18.1M +$7.17M +681,357 +68%
AIMCA
14
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$16.6M +$257K +24,400 +2%
Norges Bank
15
Norges Bank
Norway
$15M -$1.18M -112,381 -7%
HIM
16
Hillsdale Investment Management
Ontario, Canada
$14.1M +$11M +1,041,800 +396%
DekaBank Deutsche Girozentrale
17
DekaBank Deutsche Girozentrale
Germany
$11.6M +$10.4M +990,500 +1,075%
Morgan Stanley
18
Morgan Stanley
New York
$10.2M +$557K +52,957 +6%
Millennium Management
19
Millennium Management
New York
$9.78M -$1.4M -133,079 -13%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$9.22M -$74.7K -7,100 -0.8%
Alyeska Investment Group
21
Alyeska Investment Group
Illinois
$8.69M -$2.82M -268,325 -25%
OSAM
22
O'Shaughnessy Asset Management
Connecticut
$7.36M -$241K -22,956 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
23
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.82M -$753K -71,600 -10%
IGIM
24
I.G. Investment Management
Manitoba, Canada
$6.04M +$4.05M +385,275 +223%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$5.83M +$275K +26,185 +5%

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.