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Cornerstone Strategic Value Fund
CLM

22 hedge funds and large institutions have $7.07M invested in Cornerstone Strategic Value Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.58% less ownership

Funds ownership: 1.55% → 0.97% (-0.58%)

8% less funds holding

Funds holding: 24 → 22 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

38% less capital invested

Capital invested by funds: $11.4M → $7.07M (-$4.37M)

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.64%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
4
Increased
8
Reduced
6
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
WAM
Weiss Asset Management
Massachusetts
+$383K
2
RJA
Raymond James & Associates
Florida
+$237K
3
LPL Financial
LPL Financial
California
+$110K
4
Citadel Advisors
Citadel Advisors
Florida
+$102K
5
FFA
First Foundation Advisors
California
+$60.8K

Top Sellers

1
YCM
Yakira Capital Management
Connecticut
-$3.24M
2
RCM
Rivernorth Capital Management
Florida
-$1M
3
MIG
Mariner Investment Group
New York
-$603K
4
BRWA
B. Riley Wealth Advisors
Florida
-$363K
5
FAAS
First Allied Advisory Services
California
-$79K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
26
Wells Fargo
California
– -$7K -278 Closed
Citigroup
27
Citigroup
New York
– +$120 +5 New
1
2

CLM Hedge Fund Activity: Q3 2014 in Review

22 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2014, worth a combined $7.07M — down 38% from $11.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of CLM and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.

The largest buyer was Weiss Asset Management, opening a new position worth an estimated $383K. The largest seller was Yakira Capital Management, cutting an estimated $3.24M.

  • 22 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2014, down from 24 in Q2 2014.
  • Funds reported $7.07M of Cornerstone Strategic Value Fund stock for Q3 2014, down 38% quarter-over-quarter.
  • 4 funds opened new Cornerstone Strategic Value Fund positions in Q3 2014 and 6 closed out, a net change of -2 holders.
  • The largest Cornerstone Strategic Value Fund buyer in Q3 2014 was Weiss Asset Management, an estimated $383K added.
  • The largest Cornerstone Strategic Value Fund seller in Q3 2014 was Yakira Capital Management, an estimated $3.24M sold.

Based on aggregated 13F filings for Q3 2014.