CORNERSTONE PROGRESSIVE RETURN FD COM
CFP
CFP was delisted on the 26th of June, 2015.
17 hedge funds and large institutions have $7.36M invested in CORNERSTONE PROGRESSIVE RETURN FD COM in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 4 closing their positions.
469% more capital invested
Capital invested by funds: $1.29M → $7.36M (+$6.06M)
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
42% more funds holding
Funds holding: 12 → 17 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.33M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.11M |
| 3 |
Morgan Stanley
New York
|
+$447K |
| 4 |
JG
Jefferies Group
New York
|
+$298K |
| 5 |
LPL Financial
San Diego,
California
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$191K |
| 2 |
NFG
Nadler Financial Group
Deerfield,
Illinois
|
-$84K |
| 3 |
Jane Street
New York
|
-$49K |
CFP Hedge Fund Activity: Q3 2013 in Review
17 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) for Q3 2013, worth a combined $7.36M — up 469% from $1.29M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CFP positions and 4 closed out — a net gain of 5 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.33M. The largest seller was Credit Suisse, exiting entirely with an estimated $191K sold.
- 17 institutional investors held CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) as of Q3 2013, up from 12 in Q2 2013.
- Funds reported $7.36M of CORNERSTONE PROGRESSIVE RETURN FD COM stock for Q3 2013, up 469% quarter-over-quarter.
- 9 funds opened new CORNERSTONE PROGRESSIVE RETURN FD COM positions in Q3 2013 and 4 closed out, a net change of +5 holders.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM buyer in Q3 2013 was Rivernorth Capital Management, an estimated $4.33M added.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM seller in Q3 2013 was Credit Suisse, an estimated $191K sold.
Based on aggregated 13F filings for Q3 2013.