Cornerstone Strategic Value Fund
31 hedge funds and large institutions have $41.7M invested in Cornerstone Strategic Value Fund in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 10 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
3% less funds holding
Funds holding: 32 → 31 (-1)
3.47% less ownership
Funds ownership: 10.22% → 6.75% (-3.5%)
39% less capital invested
Capital invested by funds: $67.8M → $41.7M (-$26.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$5.37M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.21M |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
+$690K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$490K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$24.3M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$4.84M |
| 3 |
Walleye Trading
New York
|
-$867K |
| 4 |
Millennium Management
New York
|
-$563K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$546K |
CLM Hedge Fund Activity: Q2 2018 in Review
31 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q2 2018, worth a combined $41.7M — down 39% from $67.8M a quarter earlier.
Fund positioning in CLM was balanced in Q2 2018: 10 funds opened new positions, 10 closed out, 11 added to existing stakes and 5 trimmed.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $5.37M. The largest seller was Sit Investment Associates, cutting an estimated $24.3M.
- 31 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q2 2018, down from 32 in Q1 2018.
- Funds reported $41.7M of Cornerstone Strategic Value Fund stock for Q2 2018, down 39% quarter-over-quarter.
- 10 funds opened new Cornerstone Strategic Value Fund positions in Q2 2018 and 10 closed out, a net change of 0 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q2 2018 was Nine Masts Capital, an estimated $5.37M added.
- The largest Cornerstone Strategic Value Fund seller in Q2 2018 was Sit Investment Associates, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2018.