Cornerstone Strategic Value Fund
51 hedge funds and large institutions have $35.8M invested in Cornerstone Strategic Value Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 6 reducing their positions, and 8 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 6
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
17% more capital invested
Capital invested by funds: $30.5M → $35.8M (+$5.26M)
6% more funds holding
Funds holding: 48 → 51 (+3)
0.15% less ownership
Funds ownership: 3.63% → 3.48% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.24M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$1.96M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.12M |
| 4 |
Morgan Stanley
New York
|
+$366K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$4.52M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.06M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$242K |
| 4 |
VF
Virtu Financial
New York
|
-$207K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$207K | -17,955 | Closed |
|
|
MAFM
52
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$129K | -11,176 | Closed |
|
|
AWG
53
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$102K | -8,835 | Closed |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$43K | -3,556 | Closed |
|
|
SIAG
55
Safeguard Investment Advisory Group
Corona,
California
| – | -$3K | -338 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | +$51 | +4 | New |
|
CLM Hedge Fund Activity: Q1 2021 in Review
51 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q1 2021, worth a combined $35.8M — up 17% from $30.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CLM positions and 8 closed out — a net gain of 3 holders — while 22 added to existing stakes and 6 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $3.24M. The largest seller was Yakira Capital Management, exiting entirely with an estimated $4.52M sold.
- 51 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $35.8M of Cornerstone Strategic Value Fund stock for Q1 2021, up 17% quarter-over-quarter.
- 11 funds opened new Cornerstone Strategic Value Fund positions in Q1 2021 and 8 closed out, a net change of +3 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q1 2021 was Credit Suisse, an estimated $3.24M added.
- The largest Cornerstone Strategic Value Fund seller in Q1 2021 was Yakira Capital Management, an estimated $4.52M sold.
Based on aggregated 13F filings for Q1 2021.