Cedar Fair
137 hedge funds and large institutions have $1.53B invested in Cedar Fair in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 30 reducing their positions, and 18 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 30
0.74% more ownership
Funds ownership: 56.67% → 57.41% (+0.74%)
6% less funds holding
Funds holding: 145 → 137 (-8)
9% less capital invested
Capital invested by funds: $1.68B → $1.53B (-$149M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
80% less call options, than puts
Call options by funds: $580K | Put options by funds: $2.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$21.5M |
| 2 |
Citigroup
New York
|
+$20.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$13M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$12M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$5.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$33.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.9M |
| 3 |
OMC
Overbrook Management Corp
New York
|
-$9.88M |
| 4 |
GBCP
Glade Brook Capital Partners
Greenwich,
Connecticut
|
-$9M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$7.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTIOP
151
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
| – | -$200K | -3,784 | Closed |
|
152
Group One Trading
Chicago,
Illinois
| – | -$49.8K | -1,000 | Closed |
|
153
M&T Bank
Buffalo,
New York
| – | -$40K | -750 | Closed |
|
|
UOTTAIMCU
154
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
| – | -$21K | -400 | Closed |
|
|
SJIM
155
St. Johns Investment Management
Jacksonville,
Florida
| – | -$12K | -235 | Closed |
|
FUN Hedge Fund Activity: Q3 2014 in Review
137 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2014, worth a combined $1.53B — down 8.9% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FUN and 11 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 52 added.
The largest buyer was Morgan Stanley, adding an estimated $21.5M. The largest seller was Goldman Sachs, cutting an estimated $33.6M.
- 137 institutional investors held Cedar Fair (FUN) as of Q3 2014, down from 145 in Q2 2014.
- Funds reported $1.53B of Cedar Fair stock for Q3 2014, down 8.9% quarter-over-quarter.
- 11 funds opened new Cedar Fair positions in Q3 2014 and 18 closed out, a net change of -7 holders.
- The largest Cedar Fair buyer in Q3 2014 was Morgan Stanley, an estimated $21.5M added.
- The largest Cedar Fair seller in Q3 2014 was Goldman Sachs, an estimated $33.6M sold.
Based on aggregated 13F filings for Q3 2014.