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Cedar Fair

144 hedge funds and large institutions have $1.73B invested in Cedar Fair in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $7.22M | Put options by funds: $3.88M

25% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 16

19% more capital invested

Capital invested by funds: $1.45B → $1.73B (+$282M)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

1% more funds holding

Funds holding: 143144 (+1)

0.16% less ownership

Funds ownership: 54.15%53.99% (-0.16%)

Holders
144
Holders Change
+1
Holders Change %
+0.7%
% of All Funds
3.84%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.19%
New
20
Increased
42
Reduced
37
Closed
16
Calls
$7.22M
Puts
$3.88M
Net Calls
+$3.34M
Net Calls Change
+$5.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$524M -$2.38M -44,052 -0.5%
MP
2
MSD Partners
New York
$219M
Capital Research Global Investors
3
Capital Research Global Investors
California
$155M +$31.9M +590,000 +28%
Morgan Stanley
4
Morgan Stanley
New York
$74.1M -$57.3M -1,059,437 -45%
CC
5
Cannell & Co
New York
$52.1M -$7.47M -138,157 -13%
JP Morgan Chase
6
JP Morgan Chase
New York
$48.1M +$9.77M +180,662 +27%
IG
7
ING Group
Netherlands
$42.6M +$11.4M +210,108 +40%
CGI
8
CI Global Investments
California
$42.2M +$39.7M +735,300 New
AAMU
9
Amundi Asset Management US
Massachusetts
$40.8M +$259K +4,800 +0.7%
CS
10
Credit Suisse
Switzerland
$35.6M +$30.9M +571,810 +1,183%
OMC
11
Overbrook Management Corp
New York
$31.7M +$546K +10,094 +2%
PIM
12
Perkins Investment Management
Illinois
$30M +$28.3M +523,212 New
TCM
13
Trafelet Capital Management
New York
$29M +$773K +14,300 +3%
NMIMC
14
Northwestern Mutual Investment Management Company
Wisconsin
$24.8M +$23.3M +431,743 New
SOMRS
15
State of Michigan Retirement System
Michigan
$24.2M +$8.76M +162,000 +63%
Goldman Sachs
16
Goldman Sachs
New York
$24M -$13.1M -241,513 -37%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$20.7M +$97.3K +1,800 +0.5%
HBWM
18
Hollow Brook Wealth Management
New York
$18.9M -$1.33M -24,689 -7%
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$15.9M +$14.5M +269,000 +3,228%
Stifel Financial
20
Stifel Financial
Missouri
$15.3M -$5.41K -100 -0%
SAM
21
Scopus Asset Management
New York
$14.2M +$13.4M +247,806 New
Deutsche Bank
22
Deutsche Bank
Germany
$14M -$12.4M -229,185 -48%
Bank of America
23
Bank of America
North Carolina
$13M +$58.3K +1,078 +0.5%
Renaissance Technologies
24
Renaissance Technologies
New York
$12.4M -$13.2M -244,000 -53%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$11.7M +$11M +204,296 New

FUN Hedge Fund Activity: Q1 2015 in Review

144 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q1 2015, worth a combined $1.73B — up 19% from $1.45B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FUN positions and 16 closed out — a net gain of 4 holders — while 42 added to existing stakes and 37 trimmed.

The largest buyer was CI Global Investments, opening a new position worth an estimated $39.7M. The largest seller was Sarbit Advisory Services, exiting entirely with an estimated $57.4M sold.

  • 144 institutional investors held Cedar Fair (FUN) as of Q1 2015, up from 143 in Q4 2014.
  • Funds reported $1.73B of Cedar Fair stock for Q1 2015, up 19% quarter-over-quarter.
  • 20 funds opened new Cedar Fair positions in Q1 2015 and 16 closed out, a net change of +4 holders.
  • The largest Cedar Fair buyer in Q1 2015 was CI Global Investments, an estimated $39.7M added.
  • The largest Cedar Fair seller in Q1 2015 was Sarbit Advisory Services, an estimated $57.4M sold.

Based on aggregated 13F filings for Q1 2015.