Cedar Fair
178 hedge funds and large institutions have $1.5B invested in Cedar Fair in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 44 reducing their positions, and 42 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 44
48% more call options, than puts
Call options by funds: $7.49M | Put options by funds: $5.07M
0.61% less ownership
Funds ownership: 51.45% → 50.85% (-0.61%)
12% less funds holding
Funds holding: 203 → 178 (-25)
17% less capital invested
Capital invested by funds: $1.8B → $1.5B (-$303M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
55% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$81.3M |
| 2 |
Neuberger Berman Group
New York
|
+$17.5M |
| 3 |
Morgan Stanley
New York
|
+$13.3M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$8.85M |
| 5 |
Goldman Sachs
New York
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$106M |
| 2 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$23.4M |
| 3 |
AAM
Aureus Asset Management
Boston,
Massachusetts
|
-$14.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.37M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$8.3M |
FUN Hedge Fund Activity: Q3 2018 in Review
178 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2018, worth a combined $1.5B — down 17% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FUN and 19 opened new positions — a net loss of 23 holders — while 44 trimmed existing stakes and 66 added.
The largest buyer was Janus Henderson Group, adding an estimated $81.3M. The largest seller was Fidelity Investments, cutting an estimated $106M.
- 178 institutional investors held Cedar Fair (FUN) as of Q3 2018, down from 203 in Q2 2018.
- Funds reported $1.5B of Cedar Fair stock for Q3 2018, down 17% quarter-over-quarter.
- 19 funds opened new Cedar Fair positions in Q3 2018 and 42 closed out, a net change of -23 holders.
- The largest Cedar Fair buyer in Q3 2018 was Janus Henderson Group, an estimated $81.3M added.
- The largest Cedar Fair seller in Q3 2018 was Fidelity Investments, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2018.