Cornerstone Strategic Value Fund
53 hedge funds and large institutions have $167M invested in Cornerstone Strategic Value Fund in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 5 reducing their positions, and 10 closing their positions.
440% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 5
367% more capital invested
Capital invested by funds: $35.8M → $167M (+$131M)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
15.35% more ownership
Funds ownership: 3.48% → 18.83% (+15%)
4% more funds holding
Funds holding: 51 → 53 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$72.8M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$20.9M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$19.5M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$5.59M |
| 5 |
UFM
Ursa Fund Management
Danville,
California
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.38M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$1.17M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$730K |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$197K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
TFGT
52
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $1K | – | – | – |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$3.38M | -255,016 | Closed |
|
|
54
Nomura Holdings
Tokyo,
Japan
| – | -$1.17M | -87,930 | Closed |
|
|
55
Creative Planning
Overland Park,
Kansas
| – | -$730K | -55,077 | Closed |
|
|
KPWS
56
Kestra Private Wealth Services
Austin,
Texas
| – | -$197K | -14,864 | Closed |
|
|
KAS
57
Kestra Advisory Services
Austin,
Texas
| – | -$177K | -13,320 | Closed |
|
|
IIC
58
Ironwood Investment Counsel
Scottsdale,
Arizona
| – | -$162K | -12,291 | Closed |
|
|
SL
59
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$111K | -9,521 | Closed |
|
|
IAIM
60
International Assets Investment Management
Orlando,
Florida
| – | -$12K | -1,067 | Closed |
|
61
Wells Fargo
San Francisco,
California
| – | -$5.86K | -500 | Closed |
|
62
US Bancorp
Minneapolis,
Minnesota
| – | -$23 | -2 | -50% |
|
CLM Hedge Fund Activity: Q2 2021 in Review
53 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q2 2021, worth a combined $167M — up 367% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CLM positions and 10 closed out — a net gain of 2 holders — while 27 added to existing stakes and 5 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $72.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $3.38M sold.
- 53 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q2 2021, up from 51 in Q1 2021.
- Funds reported $167M of Cornerstone Strategic Value Fund stock for Q2 2021, up 367% quarter-over-quarter.
- 12 funds opened new Cornerstone Strategic Value Fund positions in Q2 2021 and 10 closed out, a net change of +2 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q2 2021 was Sit Investment Associates, an estimated $72.8M added.
- The largest Cornerstone Strategic Value Fund seller in Q2 2021 was Credit Suisse, an estimated $3.38M sold.
Based on aggregated 13F filings for Q2 2021.