Celanese Corporation (NYSE:CE) has experienced a decrease in enthusiasm from smart money in recent months.
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With these “truths” under our belt, we’re going to take a gander at the latest action regarding Celanese Corporation (NYSE:CE).
What have hedge funds been doing with Celanese Corporation (NYSE:CE)?
At Q1’s end, a total of 21 of the hedge funds we track were bullish in this stock, a change of -19% from one quarter earlier. With hedgies’ positions undergoing their usual ebb and flow, there exists an “upper tier” of noteworthy hedge fund managers who were increasing their stakes substantially.
When looking at the hedgies we track, GMT Capital, managed by Thomas E. Claugus, holds the most valuable position in Celanese Corporation (NYSE:CE). GMT Capital has a $273.8 million position in the stock, comprising 6.2% of its 
Judging by the fact that Celanese Corporation (NYSE:CE) has faced bearish sentiment from the aggregate hedge fund industry, we can see that there lies a certain “tier” of fund managers that decided to sell off their full holdings last quarter. Interestingly, Douglas Dillard Jr. and Raj D. Venkatesan’s Standard Pacific Capital sold off the biggest investment of all the hedgies we monitor, worth close to $34.8 million in stock., and Clint Carlson of Carlson Capital was right behind this move, as the fund cut about $14.8 million worth. These moves are interesting, as aggregate hedge fund interest dropped by 5 funds last quarter.
What have insiders been doing with Celanese Corporation (NYSE:CE)?
Insider trading activity, especially when it’s bullish, is particularly usable when the company in question has seen transactions within the past half-year. Over the latest 180-day time frame, Celanese Corporation (NYSE:CE) has experienced zero unique insiders buying, and 2 insider sales (see the details of insider trades here).
With the results exhibited by our studies, everyday investors must always monitor hedge fund and insider trading activity, and Celanese Corporation (NYSE:CE) is no exception.
