Cedar Fair
163 hedge funds and large institutions have $1.5B invested in Cedar Fair in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 21 closing their positions.
256% more call options, than puts
Call options by funds: $34.7M | Put options by funds: $9.74M
18% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3.51% less ownership
Funds ownership: 67.83% → 64.33% (-3.5%)
5% less funds holding
Funds holding: 171 → 163 (-8)
10% less capital invested
Capital invested by funds: $1.67B → $1.5B (-$169M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
Top Buyers
| 1 |
JG
Jefferies Group
New York
|
+$27.8M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$22.6M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$10.1M |
| 5 |
JP Morgan Chase
New York
|
+$8.67M |
Top Sellers
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$37.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$26.3M |
| 4 |
Citigroup
New York
|
-$24.7M |
| 5 |
Morgan Stanley
New York
|
-$18.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
176
PenderFund Capital Management
Vancouver,
British Columbia, Canada
| – | -$34K | -600 | Closed |
|
|
SWM
177
SeaCrest Wealth Management
Purchase,
New York
| – | -$23K | -530 | Closed |
|
|
MA
178
Montag & Associates
Atlanta,
Georgia
| – | -$18K | -400 | Closed |
|
179
Jones Financial Companies
Des Peres,
Missouri
| – | -$6K | -133 | Closed |
|
|
PMFA
180
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -50 | Closed |
|
|
CT
181
Cambridge Trust
Cambridge,
Massachusetts
| – | -$1K | -30 | Closed |
|
FUN Hedge Fund Activity: Q3 2022 in Review
163 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2022, worth a combined $1.5B — down 10% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FUN and 13 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 47 added.
The largest buyer was Jefferies Group, adding an estimated $27.8M. The largest seller was Burgundy Asset Management, exiting entirely with an estimated $37.7M sold.
- 163 institutional investors held Cedar Fair (FUN) as of Q3 2022, down from 171 in Q2 2022.
- Funds reported $1.5B of Cedar Fair stock for Q3 2022, down 10% quarter-over-quarter.
- 13 funds opened new Cedar Fair positions in Q3 2022 and 21 closed out, a net change of -8 holders.
- The largest Cedar Fair buyer in Q3 2022 was Jefferies Group, an estimated $27.8M added.
- The largest Cedar Fair seller in Q3 2022 was Burgundy Asset Management, an estimated $37.7M sold.
Based on aggregated 13F filings for Q3 2022.