Cornerstone Strategic Value Fund
33 hedge funds and large institutions have $132M invested in Cornerstone Strategic Value Fund in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 6 closing their positions.
1,122% more capital invested
Capital invested by funds: $10.8M → $132M (+$121M)
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
28.84% more ownership
Funds ownership: 2.41% → 31.25% (+29%)
18% more funds holding
Funds holding: 28 → 33 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$69.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$21.6M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$13M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$6.02M |
| 5 |
Walleye Trading
New York
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.12M |
| 2 |
Citigroup
New York
|
-$765K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$419K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$180K |
| 5 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
-$95K |
CLM Hedge Fund Activity: Q3 2017 in Review
33 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2017, worth a combined $132M — up 1,122% from $10.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CLM positions and 6 closed out — a net gain of 5 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $69.9M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.12M sold.
- 33 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2017, up from 28 in Q2 2017.
- Funds reported $132M of Cornerstone Strategic Value Fund stock for Q3 2017, up 1,122% quarter-over-quarter.
- 11 funds opened new Cornerstone Strategic Value Fund positions in Q3 2017 and 6 closed out, a net change of +5 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q3 2017 was Sit Investment Associates, an estimated $69.9M added.
- The largest Cornerstone Strategic Value Fund seller in Q3 2017 was Weiss Asset Management, an estimated $2.12M sold.
Based on aggregated 13F filings for Q3 2017.