Cedar Fair
FUN
156 hedge funds and large institutions have $814M invested in Cedar Fair in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 51 reducing their positions, and 35 closing their positions.
133% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $7.41M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more capital invested
Capital invested by funds: $725M → $814M (+$88.8M)
5.32% more ownership
Funds ownership: 46.54% → 51.86% (+5.3%)
8% less funds holding
Funds holding: 170 → 156 (-14)
35% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 51
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$43.5M |
| 2 |
Morgan Stanley
New York
|
+$37.5M |
| 3 |
Barclays
London,
United Kingdom
|
+$22.8M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$22.6M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$40M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$10.7M |
| 3 |
Neuberger Berman Group
New York
|
-$9.36M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$7.42M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.24M |
FUN Hedge Fund Activity: Q3 2020 in Review
156 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2020, worth a combined $814M — up 12% from $725M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FUN and 22 opened new positions — a net loss of 13 holders — while 51 trimmed existing stakes and 33 added.
The largest buyer was Goldman Sachs, adding an estimated $43.5M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $40M sold.
- 156 institutional investors held Cedar Fair (FUN) as of Q3 2020, down from 170 in Q2 2020.
- Funds reported $814M of Cedar Fair stock for Q3 2020, up 12% quarter-over-quarter.
- 22 funds opened new Cedar Fair positions in Q3 2020 and 35 closed out, a net change of -13 holders.
- The largest Cedar Fair buyer in Q3 2020 was Goldman Sachs, an estimated $43.5M added.
- The largest Cedar Fair seller in Q3 2020 was Janus Henderson Group, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2020.