BOULDER TOTAL RETURN FD INC
BTF
BTF was delisted on the 20th of March, 2015.
35 hedge funds and large institutions have $66.2M invested in BOULDER TOTAL RETURN FD INC in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
9% more capital invested
Capital invested by funds: $60.6M → $66.2M (+$5.64M)
3% more funds holding
Funds holding: 34 → 35 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.13M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$343K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$308K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$172K |
| 5 |
SG Americas Securities
New York
|
+$72.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$2.75M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.25M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$385K |
| 4 |
Goldman Sachs
New York
|
-$348K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $177K | +$172K | +7,679 | New |
|
|
FA
27
Financial Advantage
Columbia,
Maryland
| $46K | -$15.7K | -700 | -26% |
|
28
Bank of America
Charlotte,
North Carolina
| $38K | +$14.2K | +632 | +63% |
|
29
Wells Fargo
San Francisco,
California
| $35K | +$22 | +1 | +0.1% |
|
|
AIG
30
American International Group
New York
| $18.4K | – | – | – |
|
|
WA
31
Waverly Advisors
Birmingham,
Alabama
| $14K | – | – | – |
|
|
U
32
UBS
Zurich,
Switzerland
| $11K | +$10.4K | +462 | +9,240% |
|
|
NES
33
New England Securities
New York
| $7K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $3K | +$1.23K | +55 | +100% |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
36
Citigroup
New York
| $1K | – | – | – |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.25M | -57,225 | Closed |
|
|
TC
38
TFS Capital
West Chester,
Pennsylvania
| – | -$385K | -17,665 | Closed |
|
39
Ameriprise
Minneapolis,
Minnesota
| – | -$20K | -900 | Closed |
|
|
WF
40
WealthTrust Fairport
Cleveland,
Ohio
| – | -$5K | -250 | Closed |
|
BTF Hedge Fund Activity: Q4 2013 in Review
35 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BOULDER TOTAL RETURN FD INC (BTF) for Q4 2013, worth a combined $66.2M — up 9.3% from $60.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BTF positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.13M. The largest seller was Gramercy Funds Management, cutting an estimated $2.75M.
- 35 institutional investors held BOULDER TOTAL RETURN FD INC (BTF) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $66.2M of BOULDER TOTAL RETURN FD INC stock for Q4 2013, up 9.3% quarter-over-quarter.
- 5 funds opened new BOULDER TOTAL RETURN FD INC positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest BOULDER TOTAL RETURN FD INC buyer in Q4 2013 was Karpus Investment Management, an estimated $1.13M added.
- The largest BOULDER TOTAL RETURN FD INC seller in Q4 2013 was Gramercy Funds Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q4 2013.