Cornerstone Strategic Value Fund
29 hedge funds and large institutions have $12.3M invested in Cornerstone Strategic Value Fund in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
41% more capital invested
Capital invested by funds: $8.7M → $12.3M (+$3.55M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
7% more funds holding
Funds holding: 27 → 29 (+2)
1.13% more ownership
Funds ownership: 2.66% → 3.79% (+1.1%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.39M |
| 2 |
SG Americas Securities
New York
|
+$1.21M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$978K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$805K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$955K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$380K |
| 3 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
-$215K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$32.6K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$22.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFG
26
Piershale Financial Group
Barrington,
Illinois
| $2K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $2K | +$1.83K | +113 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$97 | +6 | +10% |
|
|
RJA
29
Raymond James & Associates
St Petersburg,
Florida
| – | -$380K | -24,572 | Closed |
|
|
SFM
30
Signet Financial Management
Parsippany,
New Jersey
| – | -$215K | -13,922 | Closed |
|
|
31
Bank of America
Charlotte,
North Carolina
| – | -$32.6K | -2,015 | -99% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$14K | -873 | Closed |
|
|
RPG
33
Risk Paradigm Group
Austin,
Texas
| – | -$7.89K | -510 | Closed |
|
|
BCM
34
Brookstone Capital Management
Wheaton,
Illinois
| – | -$3K | -194 | Closed |
|
CLM Hedge Fund Activity: Q4 2015 in Review
29 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2015, worth a combined $12.3M — up 41% from $8.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CLM positions and 6 closed out — a net gain of 2 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.39M. The largest seller was Yakira Capital Management, cutting an estimated $955K.
- 29 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2015, up from 27 in Q3 2015.
- Funds reported $12.3M of Cornerstone Strategic Value Fund stock for Q4 2015, up 41% quarter-over-quarter.
- 8 funds opened new Cornerstone Strategic Value Fund positions in Q4 2015 and 6 closed out, a net change of +2 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2015 was Thomas J. Herzfeld Advisors, an estimated $1.39M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2015 was Yakira Capital Management, an estimated $955K sold.
Based on aggregated 13F filings for Q4 2015.