Cornerstone Strategic Value Fund
28 hedge funds and large institutions have $10.8M invested in Cornerstone Strategic Value Fund in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 1 reducing their positions, and 6 closing their positions.
1,400% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
8% more funds holding
Funds holding: 26 → 28 (+2)
3.86% less ownership
Funds ownership: 6.27% → 2.41% (-3.9%)
62% less capital invested
Capital invested by funds: $28.7M → $10.8M (-$17.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.17M |
| 2 |
Citigroup
New York
|
+$843K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$185K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$165K |
| 5 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$19.4M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.04M |
| 3 |
LPL Financial
San Diego,
California
|
-$622K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$212K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | +$48 | +3 | +2% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | +$738 | +46 | New |
|
28
Walleye Trading
New York
| $2 | +$1.64K | +102 | New |
|
|
SIA
29
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$19.4M | -1,220,327 | Closed |
|
|
30
LPL Financial
San Diego,
California
| – | -$622K | -38,924 | Closed |
|
|
RJFSA
31
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$212K | -13,314 | Closed |
|
|
CA
32
Cetera Advisors
Denver,
Colorado
| – | -$207K | -13,000 | Closed |
|
|
BIG
33
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$9K | -563 | Closed |
|
34
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -240 | Closed |
|
CLM Hedge Fund Activity: Q2 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q2 2017, worth a combined $10.8M — down 62% from $28.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CLM positions and 6 closed out — a net gain of 2 holders — while 15 added to existing stakes and 1 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $2.17M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $19.4M sold.
- 28 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q2 2017, up from 26 in Q1 2017.
- Funds reported $10.8M of Cornerstone Strategic Value Fund stock for Q2 2017, down 62% quarter-over-quarter.
- 8 funds opened new Cornerstone Strategic Value Fund positions in Q2 2017 and 6 closed out, a net change of +2 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q2 2017 was Weiss Asset Management, an estimated $2.17M added.
- The largest Cornerstone Strategic Value Fund seller in Q2 2017 was Sit Investment Associates, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2017.