Cedar Fair
185 hedge funds and large institutions have $1.81B invested in Cedar Fair in 2017 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 72 reducing their positions, and 19 closing their positions.
33% more call options, than puts
Call options by funds: $3.59M | Put options by funds: $2.7M
0.64% less ownership
Funds ownership: 50.76% → 50.12% (-0.64%)
3% less funds holding
Funds holding: 190 → 185 (-5)
12% less capital invested
Capital invested by funds: $2.06B → $1.81B (-$251M)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
26% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 72
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.3M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$22M |
| 3 |
Goldman Sachs
New York
|
+$14M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$11.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$66.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.98M |
| 3 |
O
OppenheimerFunds
New York
|
-$8.25M |
| 4 |
Renaissance Technologies
New York
|
-$7.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
HSBC Holdings
London,
United Kingdom
| – | -$214K | -2,969 | Closed |
|
|
CAM
202
Columbia Asset Management
Ann Arbor,
Michigan
| – | -$210K | -2,921 | Closed |
|
|
MIFH
203
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$192K | -2,682 | Closed |
|
204
Walleye Trading
New York
| – | -$147 | -2,043 | Closed |
|
|
PSUF
205
People's United Financial
Bridgeport,
Connecticut
| – | -$30K | -420 | Closed |
|
|
LNB
206
Ledyard National Bank
| – | -$14K | -200 | Closed |
|
|
MCIA
207
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$4K | -49 | Closed |
|
FUN Hedge Fund Activity: Q3 2017 in Review
185 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2017, worth a combined $1.81B — down 12% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FUN and 16 opened new positions — a net loss of 3 holders — while 72 trimmed existing stakes and 53 added.
The largest buyer was Fidelity Investments, adding an estimated $31.3M. The largest seller was MSD Partners, cutting an estimated $66.8M.
- 185 institutional investors held Cedar Fair (FUN) as of Q3 2017, down from 190 in Q2 2017.
- Funds reported $1.81B of Cedar Fair stock for Q3 2017, down 12% quarter-over-quarter.
- 16 funds opened new Cedar Fair positions in Q3 2017 and 19 closed out, a net change of -3 holders.
- The largest Cedar Fair buyer in Q3 2017 was Fidelity Investments, an estimated $31.3M added.
- The largest Cedar Fair seller in Q3 2017 was MSD Partners, an estimated $66.8M sold.
Based on aggregated 13F filings for Q3 2017.