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Cedar Fair

143 hedge funds and large institutions have $1.45B invested in Cedar Fair in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

18% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 38

4% more funds holding

Funds holding: 137143 (+6)

3.26% less ownership

Funds ownership: 57.41%54.15% (-3.3%)

6% less capital invested

Capital invested by funds: $1.53B → $1.45B (-$84.8M)

51% less call options, than puts

Call options by funds: $1.66M | Put options by funds: $3.39M

Holders
143
Holders Change
+6
Holders Change %
+4.38%
% of All Funds
3.81%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.16%
New
24
Increased
45
Reduced
38
Closed
16
Calls
$1.66M
Puts
$3.39M
Net Calls
-$1.73M
Net Calls Change
+$542K
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$439M +$125K +2,682 +0%
MP
2
MSD Partners
New York
$182M
Morgan Stanley
3
Morgan Stanley
New York
$112M +$30.2M +648,678 +38%
Capital Research Global Investors
4
Capital Research Global Investors
California
$101M +$23.9M +513,500 +32%
SAS
5
Sarbit Advisory Services
Manitoba, Canada
$57.4M -$32.9M -706,118 -37%
CC
6
Cannell & Co
New York
$50M +$1.51M +32,400 +3%
Citigroup
7
Citigroup
New York
$47.8M -$35.7M -765,275 -43%
AAMU
8
Amundi Asset Management US
Massachusetts
$33.8M +$142K +3,057 +0.4%
Goldman Sachs
9
Goldman Sachs
New York
$31.6M +$3.55M +76,096 +13%
JP Morgan Chase
10
JP Morgan Chase
New York
$31.4M -$765K -16,408 -2%
OMC
11
Overbrook Management Corp
New York
$26M -$2.19M -47,102 -8%
IG
12
ING Group
Netherlands
$25.4M -$8.85M -190,000 -26%
TCM
13
Trafelet Capital Management
New York
$23.5M +$1.71M +36,615 +8%
Deutsche Bank
14
Deutsche Bank
Germany
$22.6M +$8.77M +188,125 +66%
Renaissance Technologies
15
Renaissance Technologies
New York
$22M +$14.3M +306,500 +201%
MSA
16
Mason Street Advisors
Wisconsin
$17.8M +$6.51M +139,650 +60%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$17.2M -$3.25M -69,747 -16%
HBWM
18
Hollow Brook Wealth Management
New York
$17M +$84.1K +1,805 +0.5%
Stifel Financial
19
Stifel Financial
Missouri
$12.8M +$11.9M +255,940 +2,392%
SCM
20
Simcoe Capital Management
New York
$12.4M +$12.1M +260,225 New
SOMRS
21
State of Michigan Retirement System
Michigan
$12.4M
Bank of America
22
Bank of America
North Carolina
$10.8M +$694K +14,890 +7%
CRM
23
Cramer Rosenthal McGlynn
Connecticut
$9.93M +$9.67M +207,530 New
1832 Asset Management
24
1832 Asset Management
Ontario, Canada
$9.39M +$9.16M +196,565 New
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$8.05M

FUN Hedge Fund Activity: Q4 2014 in Review

143 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q4 2014, worth a combined $1.45B — down 5.5% from $1.53B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FUN positions and 16 closed out — a net gain of 8 holders — while 45 added to existing stakes and 38 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $30.2M. The largest seller was Credit Suisse, cutting an estimated $109M.

  • 143 institutional investors held Cedar Fair (FUN) as of Q4 2014, up from 137 in Q3 2014.
  • Funds reported $1.45B of Cedar Fair stock for Q4 2014, down 5.5% quarter-over-quarter.
  • 24 funds opened new Cedar Fair positions in Q4 2014 and 16 closed out, a net change of +8 holders.
  • The largest Cedar Fair buyer in Q4 2014 was Morgan Stanley, an estimated $30.2M added.
  • The largest Cedar Fair seller in Q4 2014 was Credit Suisse, an estimated $109M sold.

Based on aggregated 13F filings for Q4 2014.