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Celestica

110 hedge funds and large institutions have $1.11B invested in Celestica in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 41 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,063% more call options, than puts

Call options by funds: $1.25M | Put options by funds: $30K

17% more capital invested

Capital invested by funds: $954M → $1.11B (+$161M)

3.25% more ownership

Funds ownership: 73.78%77.03% (+3.2%)

11% less funds holding

Funds holding: 123110 (-13)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

27% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 41

52% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 25

Holders
110
Holders Change
-13
Holders Change %
-10.57%
% of All Funds
2.52%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
12
Increased
30
Reduced
41
Closed
25
Calls
$1.25M
Puts
$30K
Net Calls
+$1.22M
Net Calls Change
+$1.45M
Name Holding Trade Value Shares
Change
Change in
Stake
LBA
1
Letko, Brosseau & Associates
Quebec, Canada
$243M +$816K +71,150 +0.3%
Connor, Clark & Lunn Investment Management (CC&L)
2
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$62.6M -$7.91M -690,051 -12%
BIP
3
Brandes Investment Partners
California
$49.2M -$2.91M -253,739 -6%
Janus Henderson Group
4
Janus Henderson Group
United Kingdom
$48.1M +$10.1M +884,595 +28%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$42.1M -$98.6K -8,597 -0.2%
DSC
6
Donald Smith & Co
New York
$39.6M -$742K -64,666 -2%
LCM
7
Lakewood Capital Management
New York
$37.7M -$4.36M -380,000 -11%
HRCM
8
Hawk Ridge Capital Management
California
$36.3M -$1.57M -136,700 -4%
Vanguard Group
9
Vanguard Group
Pennsylvania
$34.4M +$1.45M +126,731 +5%
Invesco
10
Invesco
Georgia
$34.1M -$845K -73,706 -3%
RA
11
Royce & Associates
New York
$33.9M -$6.37M -555,400 -16%
Russell Investments Group
12
Russell Investments Group
United Kingdom
$33.8M -$3.42M -298,216 -9%
Pzena Investment Management
13
Pzena Investment Management
New York
$33.3M +$32.2M +2,807,149 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$30.9M +$9.16M +798,240 +44%
AIMCA
15
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$29.8M +$4.75M +414,100 +28%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.5M -$2.41M -209,811 -8%
Norges Bank
17
Norges Bank
Norway
$22.8M -$2.33M -203,226 -10%
TD Asset Management
18
TD Asset Management
Ontario, Canada
$21.7M -$6.07M -528,978 -22%
GCC
19
Guardian Capital (Canada)
Ontario, Canada
$20.5M +$19.8M +1,725,600 New
EC
20
Engaged Capital
California
$19.6M
SRAIM
21
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$18M +$817K +71,252 +5%
CIBC Asset Management
22
CIBC Asset Management
Ontario, Canada
$17.6M +$16.4M +1,429,004 +2,737%
HIM
23
Hillsdale Investment Management
Ontario, Canada
$15M +$2.84M +247,700 +24%
BAM
24
Burgundy Asset Management
Ontario, Canada
$12M
NRC
25
North Run Capital
Massachusetts
$11.3M -$1.86M -162,500 -15%

CLS Hedge Fund Activity: Q2 2018 in Review

110 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Celestica (CLS) for Q2 2018, worth a combined $1.11B — up 17% from $954M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of CLS and 12 opened new positions — a net loss of 13 holders — while 41 trimmed existing stakes and 30 added.

The largest buyer was Pzena Investment Management, opening a new position worth an estimated $32.2M. The largest seller was Cidel Asset Management, exiting entirely with an estimated $20.6M sold.

  • 110 institutional investors held Celestica (CLS) as of Q2 2018, down from 123 in Q1 2018.
  • Funds reported $1.11B of Celestica stock for Q2 2018, up 17% quarter-over-quarter.
  • 12 funds opened new Celestica positions in Q2 2018 and 25 closed out, a net change of -13 holders.
  • The largest Celestica buyer in Q2 2018 was Pzena Investment Management, an estimated $32.2M added.
  • The largest Celestica seller in Q2 2018 was Cidel Asset Management, an estimated $20.6M sold.

Based on aggregated 13F filings for Q2 2018.