Cornerstone Strategic Value Fund
15 hedge funds and large institutions have $2.45M invested in Cornerstone Strategic Value Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
51% more capital invested
Capital invested by funds: $1.62M → $2.45M (+$834K)
25% more funds holding
Funds holding: 12 → 15 (+3)
0.16% more ownership
Funds ownership: 0.3% → 0.47% (+0.16%)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$785K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$79.3K |
| 3 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$62.7K |
| 4 |
Citigroup
New York
|
+$19.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$74K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$53.5K |
| 3 |
LPL Financial
San Diego,
California
|
-$19K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$14.4K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$14.3K |
CLM Hedge Fund Activity: Q3 2013 in Review
15 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2013, worth a combined $2.45M — up 51% from $1.62M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CLM positions and 2 closed out — a net gain of 3 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $785K. The largest seller was Jane Street, exiting entirely with an estimated $74K sold.
- 15 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2013, up from 12 in Q2 2013.
- Funds reported $2.45M of Cornerstone Strategic Value Fund stock for Q3 2013, up 51% quarter-over-quarter.
- 5 funds opened new Cornerstone Strategic Value Fund positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q3 2013 was Weiss Asset Management, an estimated $785K added.
- The largest Cornerstone Strategic Value Fund seller in Q3 2013 was Jane Street, an estimated $74K sold.
Based on aggregated 13F filings for Q3 2013.