CORNERSTONE PROGRESSIVE RETURN FD COM
CFP
CFP was delisted on the 26th of June, 2015.
29 hedge funds and large institutions have $50.5M invested in CORNERSTONE PROGRESSIVE RETURN FD COM in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 1 reducing their positions, and 4 closing their positions.
1,100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 1
879% more capital invested
Capital invested by funds: $5.16M → $50.5M (+$45.4M)
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
45% more funds holding
Funds holding: 20 → 29 (+9)
25.57% more ownership
Funds ownership: 2.48% → 28.05% (+26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$25.8M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$8.72M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.58M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$5.35M |
| 5 |
SCM
Saba Capital Management
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMAM
Del Mar Asset Management
New York
|
-$2.09M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$160K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$70K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$65K |
| 5 |
LPL Financial
San Diego,
California
|
-$23.5K |
CFP Hedge Fund Activity: Q2 2014 in Review
29 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) for Q2 2014, worth a combined $50.5M — up 879% from $5.16M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CFP positions and 4 closed out — a net gain of 9 holders — while 12 added to existing stakes and 1 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $25.8M. The largest seller was Del Mar Asset Management, exiting entirely with an estimated $2.09M sold.
- 29 institutional investors held CORNERSTONE PROGRESSIVE RETURN FD COM (CFP) as of Q2 2014, up from 20 in Q1 2014.
- Funds reported $50.5M of CORNERSTONE PROGRESSIVE RETURN FD COM stock for Q2 2014, up 879% quarter-over-quarter.
- 13 funds opened new CORNERSTONE PROGRESSIVE RETURN FD COM positions in Q2 2014 and 4 closed out, a net change of +9 holders.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM buyer in Q2 2014 was Sit Investment Associates, an estimated $25.8M added.
- The largest CORNERSTONE PROGRESSIVE RETURN FD COM seller in Q2 2014 was Del Mar Asset Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q2 2014.