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Cornerstone Strategic Value Fund

22 hedge funds and large institutions have $7.07M invested in Cornerstone Strategic Value Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.58% less ownership

Funds ownership: 1.55%0.97% (-0.58%)

8% less funds holding

Funds holding: 2422 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

38% less capital invested

Capital invested by funds: $11.4M → $7.07M (-$4.37M)

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
8
Reduced
6
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
YCM
1
Yakira Capital Management
Connecticut
$4.15M -$3.24M -135,466 -43%
NPC
2
National Planning Corporation
California
$486K -$646 -27 -0.1%
LPL Financial
3
LPL Financial
California
$456K +$110K +4,618 +29%
BRWA
4
B. Riley Wealth Advisors
Florida
$384K -$363K -15,189 -48%
WAM
5
Weiss Asset Management
Massachusetts
$368K +$383K +16,022 New
RJA
6
Raymond James & Associates
Florida
$227K +$237K +9,893 New
ICAS
7
Investors Capital Advisory Services
Massachusetts
$197K +$16.4K +686 +9%
CL
8
CSS LLC
Illinois
$167K +$5.31K +222 +3%
FFA
9
First Foundation Advisors
California
$146K +$60.8K +2,540 +67%
PAG
10
Private Advisor Group
New Jersey
$133K +$41.3K +1,727 +42%
Citadel Advisors
11
Citadel Advisors
Florida
$98K +$102K +4,243 New
CA
12
Cetera Advisors
Colorado
$96K
Creative Planning
13
Creative Planning
Kansas
$51K +$622 +26 +1%
Morgan Stanley
14
Morgan Stanley
New York
$34K -$38.3K -1,602 -52%
DADC
15
D.A. Davidson & Co
Montana
$24K
U
16
UBS
Switzerland
$17K +$11.6K +484 +188%
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$12K +$574 +24 +5%
MFS
18
MSI Financial Services
Massachusetts
$10K -$9.11K -381 -47%
NFG
19
Next Financial Group
Texas
$7K
TRCT
20
Tower Research Capital (TRC)
New York
$5K -$4.86K -203 -48%
AIG
21
American International Group
New York
$2.69K
RCM
22
Rivernorth Capital Management
Florida
-$1M -41,713 Closed
MIG
23
Mariner Investment Group
New York
-$603K -25,144 Closed
FAAS
24
First Allied Advisory Services
California
-$79K -3,205 Closed
SIA
25
Sit Investment Associates
Minnesota
-$35K -1,455 Closed

CLM Hedge Fund Activity: Q3 2014 in Review

22 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2014, worth a combined $7.07M — down 38% from $11.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of CLM and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.

The largest buyer was Weiss Asset Management, opening a new position worth an estimated $383K. The largest seller was Yakira Capital Management, cutting an estimated $3.24M.

  • 22 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2014, down from 24 in Q2 2014.
  • Funds reported $7.07M of Cornerstone Strategic Value Fund stock for Q3 2014, down 38% quarter-over-quarter.
  • 4 funds opened new Cornerstone Strategic Value Fund positions in Q3 2014 and 6 closed out, a net change of -2 holders.
  • The largest Cornerstone Strategic Value Fund buyer in Q3 2014 was Weiss Asset Management, an estimated $383K added.
  • The largest Cornerstone Strategic Value Fund seller in Q3 2014 was Yakira Capital Management, an estimated $3.24M sold.

Based on aggregated 13F filings for Q3 2014.