Cornerstone Strategic Value Fund
46 hedge funds and large institutions have $104M invested in Cornerstone Strategic Value Fund in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
8.25% less ownership
Funds ownership: 18.83% → 10.58% (-8.2%)
13% less funds holding
Funds holding: 53 → 46 (-7)
38% less capital invested
Capital invested by funds: $167M → $104M (-$63.6M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$1.48M |
| 2 |
LPL Financial
San Diego,
California
|
+$132K |
| 3 |
Morgan Stanley
New York
|
+$84.6K |
| 4 |
FFG
Ford Financial Group
Fresno,
California
|
+$83.8K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$77.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$27.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$19.1M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$14.8M |
| 4 |
UFM
Ursa Fund Management
Danville,
California
|
-$5.09M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$3.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$49K | -4,324 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
CLM Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2021, worth a combined $104M — down 38% from $167M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CLM and 1 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Centaurus Financial, adding an estimated $1.48M. The largest seller was Sit Investment Associates, cutting an estimated $27.6M.
- 46 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2021, down from 53 in Q2 2021.
- Funds reported $104M of Cornerstone Strategic Value Fund stock for Q3 2021, down 38% quarter-over-quarter.
- 1 fund opened new Cornerstone Strategic Value Fund positions in Q3 2021 and 8 closed out, a net change of -7 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q3 2021 was Centaurus Financial, an estimated $1.48M added.
- The largest Cornerstone Strategic Value Fund seller in Q3 2021 was Sit Investment Associates, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2021.