Cornerstone Strategic Value Fund
56 hedge funds and large institutions have $58.7M invested in Cornerstone Strategic Value Fund in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
22% more funds holding
Funds holding: 46 → 56 (+10)
4.82% less ownership
Funds ownership: 10.58% → 5.76% (-4.8%)
43% less capital invested
Capital invested by funds: $104M → $58.7M (-$44.9M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$2.74M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.14M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$838K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$390K |
| 5 |
Morgan Stanley
New York
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$45.2M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$7.22M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.17M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.38M |
| 5 |
CCG
Capital CS Group
Irvine,
California
|
-$782K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
52
Rockefeller Capital Management
New York
| $1K | – | – | – |
|
|
PK
53
Pflug Koory
Omaha,
Nebraska
| $1K | +$570 | +42 | New |
|
|
YCM
54
Yakira Capital Management
Westport,
Connecticut
| – | -$7.22M | -572,882 | Closed |
|
|
CCP
55
Clough Capital Partners
Boston,
Massachusetts
| – | -$1.38M | -109,576 | Closed |
|
|
SWM
56
SeaCrest Wealth Management
Purchase,
New York
| – | -$370K | -29,332 | Closed |
|
|
DA
57
DCM Advisors
New York
| – | -$270K | -21,438 | Closed |
|
|
HFS
58
Horizon Financial Services
Winston Salem,
North Carolina
| – | -$55K | -4,338 | Closed |
|
|
APWA
59
Atlas Private Wealth Advisors
Matawan,
New Jersey
| – | -$38K | -3,048 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | +100% |
|
CLM Hedge Fund Activity: Q4 2021 in Review
56 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2021, worth a combined $58.7M — down 43% from $104M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CLM positions and 6 closed out — a net gain of 11 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Centaurus Financial, adding an estimated $2.74M. The largest seller was Sit Investment Associates, cutting an estimated $45.2M.
- 56 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2021, up from 46 in Q3 2021.
- Funds reported $58.7M of Cornerstone Strategic Value Fund stock for Q4 2021, down 43% quarter-over-quarter.
- 17 funds opened new Cornerstone Strategic Value Fund positions in Q4 2021 and 6 closed out, a net change of +11 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2021 was Centaurus Financial, an estimated $2.74M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2021 was Sit Investment Associates, an estimated $45.2M sold.
Based on aggregated 13F filings for Q4 2021.