Cedar Fair
212 hedge funds and large institutions have $1.34B invested in Cedar Fair in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 54 increasing their positions, 61 reducing their positions, and 20 closing their positions.
170% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 20
113% more call options, than puts
Call options by funds: $6.87M | Put options by funds: $3.22M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more funds holding
Funds holding: 178 → 212 (+34)
0.61% more ownership
Funds ownership: 50.85% → 51.45% (+0.61%)
10% less capital invested
Capital invested by funds: $1.5B → $1.34B (-$156M)
11% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$41.5M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$36.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$15.2M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$10.7M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$9.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$43.5M |
| 2 |
O
OppenheimerFunds
New York
|
-$32.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$24.1M |
| 5 |
Morgan Stanley
New York
|
-$17.9M |
FUN Hedge Fund Activity: Q4 2018 in Review
212 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q4 2018, worth a combined $1.34B — down 10% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new FUN positions and 20 closed out — a net gain of 34 holders — while 54 added to existing stakes and 61 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $41.5M. The largest seller was Goldman Sachs, cutting an estimated $43.5M.
- 212 institutional investors held Cedar Fair (FUN) as of Q4 2018, up from 178 in Q3 2018.
- Funds reported $1.34B of Cedar Fair stock for Q4 2018, down 10% quarter-over-quarter.
- 54 funds opened new Cedar Fair positions in Q4 2018 and 20 closed out, a net change of +34 holders.
- The largest Cedar Fair buyer in Q4 2018 was Janus Henderson Group, an estimated $41.5M added.
- The largest Cedar Fair seller in Q4 2018 was Goldman Sachs, an estimated $43.5M sold.
Based on aggregated 13F filings for Q4 2018.