CORNERSTONE PROGRESSIVE RETURN FD COM
CFP
CFP was delisted on the 26th of June, 2015.
18 hedge funds and large institutions have $5.04M invested in CORNERSTONE PROGRESSIVE RETURN FD COM in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 17 → 18 (+1)
1.8% less ownership
Funds ownership: 5.71% → 3.9% (-1.8%)
31% less capital invested
Capital invested by funds: $7.36M → $5.04M (-$2.31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$1.25M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$163K |
| 3 |
LPL Financial
San Diego,
California
|
+$132K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$79.6K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$71.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.22M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.08M |
| 3 |
Morgan Stanley
New York
|
-$431K |
| 4 |
JG
Jefferies Group
New York
|
-$290K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$180K |
CFP Hedge Fund Activity: Q4 2013 in Review
18 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) for Q4 2013, worth a combined $5.04M — down 31% from $7.36M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CFP positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $1.25M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.22M sold.
- 18 institutional investors held CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $5.04M of CORNERSTONE PROGRESSIVE RETURN FD COM stock for Q4 2013, down 31% quarter-over-quarter.
- 6 funds opened new CORNERSTONE PROGRESSIVE RETURN FD COM positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM buyer in Q4 2013 was SG Americas Securities, an estimated $1.25M added.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM seller in Q4 2013 was Rivernorth Capital Management, an estimated $4.22M sold.
Based on aggregated 13F filings for Q4 2013.