Cedar Fair
182 hedge funds and large institutions have $1.6B invested in Cedar Fair in 2021 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 58 reducing their positions, and 23 closing their positions.
759% more call options, than puts
Call options by funds: $113M | Put options by funds: $13.1M
34% more capital invested
Capital invested by funds: $1.19B → $1.6B (+$404M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
3.09% more ownership
Funds ownership: 53.6% → 56.69% (+3.1%)
3% more funds holding
Funds holding: 177 → 182 (+5)
36% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$38.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$35M |
| 3 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$29.7M |
| 4 |
Goldman Sachs
New York
|
+$24.5M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$38M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$21.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.1M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$14.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.4M |
FUN Hedge Fund Activity: Q1 2021 in Review
182 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q1 2021, worth a combined $1.6B — up 34% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FUN positions and 23 closed out — a net gain of 6 holders — while 37 added to existing stakes and 58 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $38.9M. The largest seller was Waratah Capital Advisors, cutting an estimated $38M.
- 182 institutional investors held Cedar Fair (FUN) as of Q1 2021, up from 177 in Q4 2020.
- Funds reported $1.6B of Cedar Fair stock for Q1 2021, up 34% quarter-over-quarter.
- 29 funds opened new Cedar Fair positions in Q1 2021 and 23 closed out, a net change of +6 holders.
- The largest Cedar Fair buyer in Q1 2021 was Bank of Montreal, an estimated $38.9M added.
- The largest Cedar Fair seller in Q1 2021 was Waratah Capital Advisors, an estimated $38M sold.
Based on aggregated 13F filings for Q1 2021.