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Cedar Fair

306 hedge funds and large institutions have $2.52B invested in Cedar Fair in 2025 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 86 increasing their positions, 95 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed

8.21% more ownership

Funds ownership: 101.39%109.6% (+8.2%)

3% less call options, than puts

Call options by funds: $88M | Put options by funds: $90.6M

9% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 95

7% less funds holding

Funds holding: 330306 (-24)

19% less capital invested

Capital invested by funds: $3.12B → $2.52B (-$599M)

26% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 72

38% less funds holding in top 10

Funds holding in top 10: 1610 (-6)

Holders
306
Holders Change
-24
Holders Change %
-7.27%
% of All Funds
4.02%
Holding in Top 10
10
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-37.5%
% of All Funds
0.13%
New
53
Increased
86
Reduced
95
Closed
72
Calls
$88M
Puts
$90.6M
Net Calls
-$2.6M
Net Calls Change
-$21M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$342M +$40.6M +1,529,681 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$229M +$1.41M +53,111 +0.5%
DPCM
3
Darlington Partners Capital Management
California
$198M
Morgan Stanley
4
Morgan Stanley
New York
$133M +$90.8M +3,420,645 +141%
SHCM
5
Sachem Head Capital Management
New York
$114M +$3.98M +150,000 +3%
DC
6
Dendur Capital
New York
$106M +$6.11M +230,000 +5%
HPM
7
H. Partners Management
New York
$106M
JPM
8
JANA Partners Management
New York
$92M +$108M +4,049,940 New
State Street
9
State Street
Massachusetts
$79.9M +$1.35M +50,924 +1%
EIG
10
EdgePoint Investment Group
Ontario, Canada
$70.8M +$82.7M +3,114,600 New
JCAM
11
Jericho Capital Asset Management
New York
$59.4M -$1.67K -63 -0%
Goldman Sachs
12
Goldman Sachs
New York
$58.1M +$57.7M +2,172,685 +563%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$52.3M +$2.42M +91,118 +4%
HVCM
14
HG Vora Capital Management
New York
$49.4M +$20.6M +775,000 +55%
Citadel Advisors
15
Citadel Advisors
Florida
$46.5M +$54.3M +2,044,975 New
Bank of America
16
Bank of America
North Carolina
$40.4M +$11.2M +420,641 +31%
LCG
17
Luxor Capital Group
New York
$40M +$11.7M +440,362 +33%
LBIM
18
Land & Buildings Investment Management
Connecticut
$36M +$42.1M +1,585,580 New
HRCM
19
Hawk Ridge Capital Management
California
$35M
Charles Schwab
20
Charles Schwab
California
$24.9M +$4.57M +172,148 +19%
JP Morgan Chase
21
JP Morgan Chase
New York
$23.7M -$16.3M -615,243 -37%
ICM
22
Invenomic Capital Management
Massachusetts
$23.5M +$27.5M +1,034,288 New
Northern Trust
23
Northern Trust
Illinois
$22M +$1.35M +50,923 +6%
AIMCA
24
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$20.7M +$8.29M +312,000 +52%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$19M +$22.2M +836,027 New

FUN Hedge Fund Activity: Q3 2025 in Review

306 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Cedar Fair (FUN) for Q3 2025, worth a combined $2.52B — down 19% from $3.12B a quarter earlier.

Sellers outnumbered buyers: 72 funds closed out of FUN and 53 opened new positions — a net loss of 19 holders — while 95 trimmed existing stakes and 86 added.

The largest buyer was JANA Partners Management, opening a new position worth an estimated $108M. The largest seller was Rush Island Management, cutting an estimated $87.8M.

  • 306 institutional investors held Cedar Fair (FUN) as of Q3 2025, down from 330 in Q2 2025.
  • Funds reported $2.52B of Cedar Fair stock for Q3 2025, down 19% quarter-over-quarter.
  • 53 funds opened new Cedar Fair positions in Q3 2025 and 72 closed out, a net change of -19 holders.
  • The largest Cedar Fair buyer in Q3 2025 was JANA Partners Management, an estimated $108M added.
  • The largest Cedar Fair seller in Q3 2025 was Rush Island Management, an estimated $87.8M sold.

Based on aggregated 13F filings for Q3 2025.