Cornerstone Strategic Value Fund
109 hedge funds and large institutions have $260M invested in Cornerstone Strategic Value Fund in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
18% more funds holding
Funds holding: 92 → 109 (+17)
3.89% more ownership
Funds ownership: 26.6% → 30.49% (+3.9%)
2% more capital invested
Capital invested by funds: $254M → $260M (+$6.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$7.93M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$7.67M |
| 3 |
SC
Sculptor Capital
New York
|
+$7.35M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.35M |
| 5 |
QL
Quarry LP
New York
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$11.5M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$6.98M |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$382K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$370K |
| 5 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$307K |
CLM Hedge Fund Activity: Q4 2023 in Review
109 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2023, worth a combined $260M — up 2.4% from $254M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new CLM positions and 9 closed out — a net gain of 18 holders — while 38 added to existing stakes and 19 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $7.93M. The largest seller was Osaic Holdings, cutting an estimated $11.5M.
- 109 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2023, up from 92 in Q3 2023.
- Funds reported $260M of Cornerstone Strategic Value Fund stock for Q4 2023, up 2.4% quarter-over-quarter.
- 27 funds opened new Cornerstone Strategic Value Fund positions in Q4 2023 and 9 closed out, a net change of +18 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2023 was Thomas J. Herzfeld Advisors, an estimated $7.93M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2023 was Osaic Holdings, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2023.