Cedar Fair
170 hedge funds and large institutions have $725M invested in Cedar Fair in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 31 increasing their positions, 64 reducing their positions, and 35 closing their positions.
208% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $7.86M
63% more capital invested
Capital invested by funds: $446M → $725M (+$280M)
3.68% more ownership
Funds ownership: 42.86% → 46.54% (+3.7%)
0% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 35
2% less funds holding
Funds holding: 173 → 170 (-3)
52% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$58.8M |
| 2 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$58.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$17.7M |
| 5 |
JP Morgan Chase
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$64.1M |
| 2 |
AC
Alleghany Corporation
New York
|
-$26.9M |
| 3 |
Neuberger Berman Group
New York
|
-$22.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.72M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$7.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
201
Sutton Wealth Advisors
Tampa,
Florida
| – | -$1.36K | -74 | Closed |
|
|
NFG
202
Next Financial Group
Houston,
Texas
| – | -$1K | -50 | Closed |
|
203
Fidelity Investments
Boston,
Massachusetts
| – | -$28 | -1 | -33% |
|
FUN Hedge Fund Activity: Q2 2020 in Review
170 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q2 2020, worth a combined $725M — up 63% from $446M a quarter earlier.
Fund positioning in FUN was balanced in Q2 2020: 35 funds opened new positions, 35 closed out, 31 added to existing stakes and 64 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $58.8M. The largest seller was Janus Henderson Group, cutting an estimated $64.1M.
- 170 institutional investors held Cedar Fair (FUN) as of Q2 2020, down from 173 in Q1 2020.
- Funds reported $725M of Cedar Fair stock for Q2 2020, up 63% quarter-over-quarter.
- 35 funds opened new Cedar Fair positions in Q2 2020 and 35 closed out, a net change of 0 holders.
- The largest Cedar Fair buyer in Q2 2020 was Goldman Sachs, an estimated $58.8M added.
- The largest Cedar Fair seller in Q2 2020 was Janus Henderson Group, an estimated $64.1M sold.
Based on aggregated 13F filings for Q2 2020.