Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Amalgamated Gadget, L.P.
   2. Issuer Name and Ticker or Trading Symbol
CEDAR FAIR L P [FUN] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
301 COMMERCE STREET, SUITE 3200		 3. Date of Earliest Transaction (Month/Day/Year)
11/29/2011
(Street)

FORT WORTH, TX 76102		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Equity Swap (1) $ 11.26 11/29/2011   J/K(2)     1 01/20/2010 07/09/2012 Units Representing Limited Partner Interests 31,400 $ 10.92 0 I See footnote (1)
Equity Swap (1) $ 11.93 11/29/2011   J/K(3)     1 01/20/2010 07/09/2012 Units Representing Limited Partner Interests 228,600 $ 10.25 0 I See footnote (1)
Equity Swap (1) $ 11.97 11/29/2011   J/K(4)     1 01/20/2010 07/09/2012 Units Representing Limited Partner Interests 40,000 $ 10.21 1 I See footnote (1)
Equity Swap (1) $ 11.97 11/30/2011   J/K(5)     1 01/20/2010 07/09/2012 Units Representing Limited Partner Interests 250,900 $ 10.21 0 I See footnote (1)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Amalgamated Gadget, L.P.
301 COMMERCE STREET
SUITE 3200
FORT WORTH, TX 76102		     X    
Scepter Holdings, Inc.
301 COMMERCE STREET
SUITE 3200
FORT WORTH, TX 76102		     X    
RAYNOR GEOFFREY
301 COMMERCE STREET
SUITE 3200
FORT WORTH, TX 76102		     X    

Signatures

 Brandon Teague, Director of Trading for Scepter Holdings, Inc., general partner of Amalgamated Gadget, L.P.   12/01/2011
**Signature of Reporting Person Date
 Brandon Teague, Director of Trading for Scepter Holdings, Inc.   12/01/2011
**Signature of Reporting Person Date
 Brandon Teague, Attorney-in-Fact for Geoffrey P. Raynor   12/01/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The equity swap transactions referenced herein were entered into by Amalgamated Gadget, L.P. ("Amalgamated") for and on behalf of R2 Investments, LDC. Scepter Holdings, Inc. ("Scepter") is the general partner of Amalgamated and Geoffrey P. Raynor is the sole shareholder of Scepter.
(2) On November 29, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.26, regarding 31,400 Units of the Issuer. This termination will be settled in cash.
(3) On November 29, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.93, regarding 228,600 Units of the Issuer. This termination will be settled in cash.
(4) On November 29, 2011, Amalgamated partially terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.97, regarding 40,000 Units of the Issuer. This termination will be settled in cash.
(5) On November 30, 2011, Amalgamated terminated a previously executed cash settled total return equity swap transaction with a securities broker at a price of $22.18 less $11.97, regarding 250,900 Units of the Issuer. This termination will be settled in cash.

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