Cedar Fair
231 hedge funds and large institutions have $1.59B invested in Cedar Fair in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 68 increasing their positions, 64 reducing their positions, and 28 closing their positions.
116% more call options, than puts
Call options by funds: $16M | Put options by funds: $7.43M
25% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 28
2% more funds holding
Funds holding: 227 → 231 (+4)
6% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 64
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.62% less ownership
Funds ownership: 52.19% → 50.57% (-1.6%)
8% less capital invested
Capital invested by funds: $1.72B → $1.59B (-$133M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alleghany Corporation
New York
|
+$75.4M |
| 2 |
Morgan Stanley
New York
|
+$13.2M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$10.4M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$9.48M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$65.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$30.6M |
| 3 |
Neuberger Berman Group
New York
|
-$22.3M |
| 4 |
JP Morgan Chase
New York
|
-$17.7M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSWM
251
Golden State Wealth Management
Santa Ana,
California
| – | -$68K | -1,162 | Closed |
|
|
CIAS
252
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$29K | -500 | Closed |
|
|
FHA
253
First Horizon Advisors
Memphis,
Tennessee
| – | -$20K | -350 | Closed |
|
|
LFG
254
Larson Financial Group
St Louis,
Missouri
| – | -$10K | -166 | Closed |
|
|
SWP
255
Strategic Wealth Partners
Independence,
Ohio
| – | -$7 | -127 | Closed |
|
|
AF
256
Allworth Financial
Folsom,
California
| – | -$4K | -62 | Closed |
|
|
CFG
257
Citizens Financial Group
Providence,
Rhode Island
| – | -$2K | -30 | Closed |
|
258
Fidelity Investments
Boston,
Massachusetts
| – | -$1.29K | -23 | -88% |
|
|
WCM
259
Whitener Capital Management
Rocky Mount,
North Carolina
| – | -$1K | -20 | Closed |
|
FUN Hedge Fund Activity: Q4 2019 in Review
231 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q4 2019, worth a combined $1.59B — down 7.7% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FUN positions and 28 closed out — a net gain of 7 holders — while 68 added to existing stakes and 64 trimmed.
The largest buyer was Alleghany Corporation, opening a new position worth an estimated $75.4M. The largest seller was Natixis, exiting entirely with an estimated $65.8M sold.
- 231 institutional investors held Cedar Fair (FUN) as of Q4 2019, up from 227 in Q3 2019.
- Funds reported $1.59B of Cedar Fair stock for Q4 2019, down 7.7% quarter-over-quarter.
- 35 funds opened new Cedar Fair positions in Q4 2019 and 28 closed out, a net change of +7 holders.
- The largest Cedar Fair buyer in Q4 2019 was Alleghany Corporation, an estimated $75.4M added.
- The largest Cedar Fair seller in Q4 2019 was Natixis, an estimated $65.8M sold.
Based on aggregated 13F filings for Q4 2019.