Cedar Fair
201 hedge funds and large institutions have $1.35B invested in Cedar Fair in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 62 reducing their positions, and 27 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 62
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
1.81% less ownership
Funds ownership: 51.89% → 50.09% (-1.8%)
2% less funds holding
Funds holding: 206 → 201 (-5)
13% less capital invested
Capital invested by funds: $1.54B → $1.35B (-$194M)
24% less call options, than puts
Call options by funds: $6.07M | Put options by funds: $7.95M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$65.6M |
| 2 |
Morgan Stanley
New York
|
+$34M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$8.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.82M |
| 5 |
Citigroup
New York
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$19.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$17.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.6M |
| 4 |
AC
Armistice Capital
New York
|
-$10.5M |
| 5 |
MPM
Mountaineer Partners Management
New York
|
-$10.2M |
FUN Hedge Fund Activity: Q2 2019 in Review
201 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q2 2019, worth a combined $1.35B — down 13% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FUN and 26 opened new positions — a net loss of 1 holder — while 62 trimmed existing stakes and 64 added.
The largest buyer was Invesco, adding an estimated $65.6M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $19.5M sold.
- 201 institutional investors held Cedar Fair (FUN) as of Q2 2019, down from 206 in Q1 2019.
- Funds reported $1.35B of Cedar Fair stock for Q2 2019, down 13% quarter-over-quarter.
- 26 funds opened new Cedar Fair positions in Q2 2019 and 27 closed out, a net change of -1 holder.
- The largest Cedar Fair buyer in Q2 2019 was Invesco, an estimated $65.6M added.
- The largest Cedar Fair seller in Q2 2019 was Epoch Investment Partners, an estimated $19.5M sold.
Based on aggregated 13F filings for Q2 2019.