Cornerstone Strategic Value Fund
16 hedge funds and large institutions have $4.47M invested in Cornerstone Strategic Value Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
3.14% less ownership
Funds ownership: 5.74% → 2.6% (-3.1%)
20% less funds holding
Funds holding: 20 → 16 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
64% less capital invested
Capital invested by funds: $12.3M → $4.47M (-$7.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$202K |
| 2 |
LPL Financial
San Diego,
California
|
+$101K |
| 3 |
Morgan Stanley
New York
|
+$8.15K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$7.17K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.98M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$565K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$558K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$397K |
| 5 |
SG Americas Securities
New York
|
-$325K |
CLM Hedge Fund Activity: Q1 2015 in Review
16 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q1 2015, worth a combined $4.47M — down 64% from $12.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CLM and 3 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Fort Point Capital Partners, opening a new position worth an estimated $202K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.98M sold.
- 16 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $4.47M of Cornerstone Strategic Value Fund stock for Q1 2015, down 64% quarter-over-quarter.
- 3 funds opened new Cornerstone Strategic Value Fund positions in Q1 2015 and 7 closed out, a net change of -4 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q1 2015 was Fort Point Capital Partners, an estimated $202K added.
- The largest Cornerstone Strategic Value Fund seller in Q1 2015 was Rivernorth Capital Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2015.