Cedar Fair
182 hedge funds and large institutions have $1.6B invested in Cedar Fair in 2016 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 64 increasing their positions, 37 reducing their positions, and 18 closing their positions.
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
73% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 37
37% more call options, than puts
Call options by funds: $7.94M | Put options by funds: $5.81M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 170 → 182 (+12)
0.24% less ownership
Funds ownership: 49.97% → 49.73% (-0.24%)
1% less capital invested
Capital invested by funds: $1.62B → $1.6B (-$20.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$32.8M |
| 2 |
O
OppenheimerFunds
New York
|
+$19.7M |
| 3 |
OCM
Osterweis Capital Management
San Francisco,
California
|
+$15.8M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$11.9M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$61M |
| 2 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$31.3M |
| 3 |
Morgan Stanley
New York
|
-$14.1M |
| 4 |
Goldman Sachs
New York
|
-$9.35M |
| 5 |
Neuberger Berman Group
New York
|
-$7.57M |
FUN Hedge Fund Activity: Q3 2016 in Review
182 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2016, worth a combined $1.6B — down 1.2% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FUN positions and 18 closed out — a net gain of 14 holders — while 64 added to existing stakes and 37 trimmed.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $32.8M. The largest seller was MSD Partners, cutting an estimated $61M.
- 182 institutional investors held Cedar Fair (FUN) as of Q3 2016, up from 170 in Q2 2016.
- Funds reported $1.6B of Cedar Fair stock for Q3 2016, down 1.2% quarter-over-quarter.
- 32 funds opened new Cedar Fair positions in Q3 2016 and 18 closed out, a net change of +14 holders.
- The largest Cedar Fair buyer in Q3 2016 was River Road Asset Management, an estimated $32.8M added.
- The largest Cedar Fair seller in Q3 2016 was MSD Partners, an estimated $61M sold.
Based on aggregated 13F filings for Q3 2016.