Cedar Fair
148 hedge funds and large institutions have $1.65B invested in Cedar Fair in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 48 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
3% more funds holding
Funds holding: 144 → 148 (+4)
0.02% more ownership
Funds ownership: 53.99% → 54% (+0.02%)
5% less capital invested
Capital invested by funds: $1.73B → $1.65B (-$83.3M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
19% less call options, than puts
Call options by funds: $2.07M | Put options by funds: $2.54M
27% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$30M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$22.4M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$14.3M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$7.61M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$27.3M |
| 2 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$11.8M |
| 3 |
Renaissance Technologies
New York
|
-$9.5M |
| 4 |
SCM
Simcoe Capital Management
New York
|
-$8.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.56M |
FUN Hedge Fund Activity: Q2 2015 in Review
148 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q2 2015, worth a combined $1.65B — down 4.8% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FUN positions and 16 closed out — a net gain of 4 holders — while 35 added to existing stakes and 48 trimmed.
The largest buyer was City National Bank, opening a new position worth an estimated $30M. The largest seller was ING Group, cutting an estimated $27.3M.
- 148 institutional investors held Cedar Fair (FUN) as of Q2 2015, up from 144 in Q1 2015.
- Funds reported $1.65B of Cedar Fair stock for Q2 2015, down 4.8% quarter-over-quarter.
- 20 funds opened new Cedar Fair positions in Q2 2015 and 16 closed out, a net change of +4 holders.
- The largest Cedar Fair buyer in Q2 2015 was City National Bank, an estimated $30M added.
- The largest Cedar Fair seller in Q2 2015 was ING Group, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2015.