Cedar Fair
143 hedge funds and large institutions have $1.45B invested in Cedar Fair in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
18% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 38
4% more funds holding
Funds holding: 137 → 143 (+6)
3.26% less ownership
Funds ownership: 57.41% → 54.15% (-3.3%)
6% less capital invested
Capital invested by funds: $1.53B → $1.45B (-$84.8M)
51% less call options, than puts
Call options by funds: $1.66M | Put options by funds: $3.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$23.9M |
| 3 |
Renaissance Technologies
New York
|
+$14.3M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$11.9M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$109M |
| 2 |
Citigroup
New York
|
-$35.7M |
| 3 |
SAS
Sarbit Advisory Services
Winnipeg,
Manitoba, Canada
|
-$32.9M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$8.85M |
| 5 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$4.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
151
Icon Advisers
Greenwood Village,
Colorado
| – | -$936K | -19,800 | Closed |
|
|
GC
152
Guggenheim Capital
Chicago,
Illinois
| – | -$423K | -8,953 | Closed |
|
|
HI
153
Horizon Investments
Charlotte,
North Carolina
| – | -$392K | -8,294 | Closed |
|
|
V
154
Veritable
Wilmington,
Delaware
| – | -$311K | -6,575 | Closed |
|
155
Bank of New York Mellon
New York
| – | -$242K | -5,116 | Closed |
|
|
BFIM
156
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$203K | -4,300 | Closed |
|
|
PTC
157
Private Trust Company
Cleveland,
Ohio
| – | -$151K | -3,200 | Closed |
|
|
PG
158
PEAK6 Group
Chicago,
Illinois
| – | -$144K | -3,055 | Closed |
|
|
MFS
159
MSI Financial Services
Springfield,
Massachusetts
| – | -$110K | -2,323 | Closed |
|
|
MHS
160
M Holdings Securities
Portland,
Oregon
| – | -$79K | -1,665 | Closed |
|
|
SCA
161
Strategic Capital Alternatives
Gig Harbor,
United States
| – | -$19K | -400 | Closed |
|
FUN Hedge Fund Activity: Q4 2014 in Review
143 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q4 2014, worth a combined $1.45B — down 5.5% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FUN positions and 16 closed out — a net gain of 8 holders — while 45 added to existing stakes and 38 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.2M. The largest seller was Credit Suisse, cutting an estimated $109M.
- 143 institutional investors held Cedar Fair (FUN) as of Q4 2014, up from 137 in Q3 2014.
- Funds reported $1.45B of Cedar Fair stock for Q4 2014, down 5.5% quarter-over-quarter.
- 24 funds opened new Cedar Fair positions in Q4 2014 and 16 closed out, a net change of +8 holders.
- The largest Cedar Fair buyer in Q4 2014 was Morgan Stanley, an estimated $30.2M added.
- The largest Cedar Fair seller in Q4 2014 was Credit Suisse, an estimated $109M sold.
Based on aggregated 13F filings for Q4 2014.