Cedar Fair
142 hedge funds and large institutions have $1.63B invested in Cedar Fair in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
3% more funds holding
Funds holding: 138 → 142 (+4)
5% more capital invested
Capital invested by funds: $1.56B → $1.63B (+$70.6M)
0.59% more ownership
Funds ownership: 55.88% → 56.47% (+0.59%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
33% less call options, than puts
Call options by funds: $554K | Put options by funds: $825K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$59.9M |
| 2 |
OMC
Overbrook Management Corp
New York
|
+$13.7M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$13.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.4M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alleghany Corporation
New York
|
-$43.1M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$13.2M |
| 3 |
CC
Cannell & Co
New York
|
-$13.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$9.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HFS
151
HL Financial Services
Louisville,
Kentucky
| – | -$476K | -9,592 | Closed |
|
|
VKH
152
Virtu KCG Holdings
New York
| – | -$226K | -4,563 | Closed |
|
|
BP
153
Banyan Partners
Palm Beach Gardens,
Florida
| – | -$216K | -4,350 | Closed |
|
154
Mariner
Overland Park,
Kansas
| – | -$209K | -4,225 | Closed |
|
|
HNB
155
Huntington National Bank
Columbus,
Ohio
| – | -$173K | -3,483 | Closed |
|
|
HIM
156
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$59K | -1,200 | Closed |
|
|
ITIM
157
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$5K | -100 | Closed |
|
FUN Hedge Fund Activity: Q1 2014 in Review
142 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q1 2014, worth a combined $1.63B — up 4.5% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FUN positions and 15 closed out — a net gain of 5 holders — while 39 added to existing stakes and 43 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $59.9M. The largest seller was Alleghany Corporation, exiting entirely with an estimated $43.1M sold.
- 142 institutional investors held Cedar Fair (FUN) as of Q1 2014, up from 138 in Q4 2013.
- Funds reported $1.63B of Cedar Fair stock for Q1 2014, up 4.5% quarter-over-quarter.
- 20 funds opened new Cedar Fair positions in Q1 2014 and 15 closed out, a net change of +5 holders.
- The largest Cedar Fair buyer in Q1 2014 was Capital Research Global Investors, an estimated $59.9M added.
- The largest Cedar Fair seller in Q1 2014 was Alleghany Corporation, an estimated $43.1M sold.
Based on aggregated 13F filings for Q1 2014.