Cedar Fair
FUN
206 hedge funds and large institutions have $1.54B invested in Cedar Fair in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 75 increasing their positions, 59 reducing their positions, and 31 closing their positions.
97% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $5.44M
27% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 59
15% more capital invested
Capital invested by funds: $1.34B → $1.54B (+$205M)
0.44% more ownership
Funds ownership: 51.45% → 51.89% (+0.44%)
3% less funds holding
Funds holding: 212 → 206 (-6)
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$27.3M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$25.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.7M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$12M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.4M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$19.1M |
| 3 |
O
OppenheimerFunds
New York
|
-$9.8M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$8.75M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$6.96M |
FUN Hedge Fund Activity: Q1 2019 in Review
206 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q1 2019, worth a combined $1.54B — up 15% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FUN and 25 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 75 added.
The largest buyer was Morgan Stanley, adding an estimated $27.3M. The largest seller was Fidelity Investments, cutting an estimated $57.4M.
- 206 institutional investors held Cedar Fair (FUN) as of Q1 2019, down from 212 in Q4 2018.
- Funds reported $1.54B of Cedar Fair stock for Q1 2019, up 15% quarter-over-quarter.
- 25 funds opened new Cedar Fair positions in Q1 2019 and 31 closed out, a net change of -6 holders.
- The largest Cedar Fair buyer in Q1 2019 was Morgan Stanley, an estimated $27.3M added.
- The largest Cedar Fair seller in Q1 2019 was Fidelity Investments, an estimated $57.4M sold.
Based on aggregated 13F filings for Q1 2019.