BOULDER TOTAL RETURN FD INC
BTF
BTF was delisted on the 20th of March, 2015.
41 hedge funds and large institutions have $94.2M invested in BOULDER TOTAL RETURN FD INC in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
5% more capital invested
Capital invested by funds: $89.3M → $94.2M (+$4.9M)
3% more funds holding
Funds holding: 40 → 41 (+1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$420K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$280K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$86.7K |
| 4 |
Morgan Stanley
New York
|
+$83.2K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$77.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$363K |
| 2 |
SG Americas Securities
New York
|
-$214K |
| 3 |
Goldman Sachs
New York
|
-$136K |
| 4 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$121K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$81.2K |
BTF Hedge Fund Activity: Q4 2014 in Review
41 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in BOULDER TOTAL RETURN FD INC (BTF) for Q4 2014, worth a combined $94.2M — up 5.5% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTF positions and 3 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $420K. The largest seller was Karpus Investment Management, cutting an estimated $363K.
- 41 institutional investors held BOULDER TOTAL RETURN FD INC (BTF) as of Q4 2014, up from 40 in Q3 2014.
- Funds reported $94.2M of BOULDER TOTAL RETURN FD INC stock for Q4 2014, up 5.5% quarter-over-quarter.
- 6 funds opened new BOULDER TOTAL RETURN FD INC positions in Q4 2014 and 3 closed out, a net change of +3 holders.
- The largest BOULDER TOTAL RETURN FD INC buyer in Q4 2014 was Thomas J. Herzfeld Advisors, an estimated $420K added.
- The largest BOULDER TOTAL RETURN FD INC seller in Q4 2014 was Karpus Investment Management, an estimated $363K sold.
Based on aggregated 13F filings for Q4 2014.