Cedar Fair
170 hedge funds and large institutions have $1.62B invested in Cedar Fair in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 57 reducing their positions, and 14 closing their positions.
45% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $8.51M
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
3% more funds holding
Funds holding: 165 → 170 (+5)
1.37% less ownership
Funds ownership: 51.34% → 49.97% (-1.4%)
6% less capital invested
Capital invested by funds: $1.72B → $1.62B (-$97.6M)
18% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 57
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$14.5M |
| 3 |
OCM
Osterweis Capital Management
San Francisco,
California
|
+$9.4M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$7.31M |
| 5 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$21.2M |
| 2 |
JP Morgan Chase
New York
|
-$20M |
| 3 |
MP
MSD Partners
New York
|
-$17.9M |
| 4 |
Renaissance Technologies
New York
|
-$12.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
176
Private Advisor Group
Morristown,
New Jersey
| – | -$567K | -9,541 | Closed |
|
|
TCA
177
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$434K | -7,300 | Closed |
|
|
NIT
178
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$244K | -4,100 | Closed |
|
|
BF
179
BOK Financial
Tulsa,
Oklahoma
| – | -$215K | -3,620 | Closed |
|
|
BTS
180
BB&T Securities
Richmond,
Virginia
| – | -$205K | -3,458 | Closed |
|
|
ATC
181
Argent Trust Co
Nashville,
Tennessee
| – | -$204K | -3,438 | Closed |
|
182
Simplex Trading
Chicago,
Illinois
| – | -$61.4K | -1,050 | Closed |
|
|
WIC
183
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$45K | -750 | Closed |
|
184
Walleye Trading
New York
| – | -$13.6K | -232 | Closed |
|
|
TRCT
185
Tower Research Capital (TRC)
New York
| – | -$7K | -110 | Closed |
|
FUN Hedge Fund Activity: Q2 2016 in Review
170 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q2 2016, worth a combined $1.62B — down 5.7% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FUN positions and 14 closed out — a net gain of 5 holders — while 47 added to existing stakes and 57 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $19M. The largest seller was Neuberger Berman Group, cutting an estimated $21.2M.
- 170 institutional investors held Cedar Fair (FUN) as of Q2 2016, up from 165 in Q1 2016.
- Funds reported $1.62B of Cedar Fair stock for Q2 2016, down 5.7% quarter-over-quarter.
- 19 funds opened new Cedar Fair positions in Q2 2016 and 14 closed out, a net change of +5 holders.
- The largest Cedar Fair buyer in Q2 2016 was Goldman Sachs, an estimated $19M added.
- The largest Cedar Fair seller in Q2 2016 was Neuberger Berman Group, an estimated $21.2M sold.
Based on aggregated 13F filings for Q2 2016.