Cedar Fair
138 hedge funds and large institutions have $1.56B invested in Cedar Fair in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 36 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
28% more call options, than puts
Call options by funds: $996K | Put options by funds: $777K
19% more capital invested
Capital invested by funds: $1.32B → $1.56B (+$243M)
17% more funds holding
Funds holding: 118 → 138 (+20)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
1.91% more ownership
Funds ownership: 53.97% → 55.88% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$65.4M |
| 2 |
Neuberger Berman Group
New York
|
+$25.8M |
| 3 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
+$21M |
| 4 |
Goldman Sachs
New York
|
+$11.5M |
| 5 |
Morgan Stanley
New York
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$40M |
| 2 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$28.7M |
| 3 |
RCM
Royal Capital Management
New York
|
-$10.7M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.1M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$3.51M |
FUN Hedge Fund Activity: Q4 2013 in Review
138 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q4 2013, worth a combined $1.56B — up 19% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FUN positions and 6 closed out — a net gain of 21 holders — while 41 added to existing stakes and 36 trimmed.
The largest buyer was Citigroup, adding an estimated $65.4M. The largest seller was ING Group, cutting an estimated $40M.
- 138 institutional investors held Cedar Fair (FUN) as of Q4 2013, up from 118 in Q3 2013.
- Funds reported $1.56B of Cedar Fair stock for Q4 2013, up 19% quarter-over-quarter.
- 27 funds opened new Cedar Fair positions in Q4 2013 and 6 closed out, a net change of +21 holders.
- The largest Cedar Fair buyer in Q4 2013 was Citigroup, an estimated $65.4M added.
- The largest Cedar Fair seller in Q4 2013 was ING Group, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2013.