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Cornerstone Strategic Value Fund

38 hedge funds and large institutions have $124M invested in Cornerstone Strategic Value Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

15% more funds holding

Funds holding: 3338 (+5)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less capital invested

Capital invested by funds: $129M → $124M (-$4.98M)

2.48% less ownership

Funds ownership: 31.25%28.77% (-2.5%)

33% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 12

Holders
38
Holders Change
+5
Holders Change %
+15.15%
% of All Funds
0.86%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
11
Increased
8
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$73.1M
RCM
2
Rivernorth Capital Management
Florida
$27M +$4.32M +291,751 +20%
YCM
3
Yakira Capital Management
Connecticut
$12.4M -$2.85M -192,339 -19%
LCM
4
Laurion Capital Management
New York
$2.55M +$55K +3,710 +2%
LTFS
5
Ladenburg Thalmann Financial Services
Florida
$1.57M -$224K -15,095 -13%
IG
6
ING Group
Netherlands
$1.3M -$4.86M -327,848 -79%
Creative Planning
7
Creative Planning
Kansas
$791K +$800 +54 +0.1%
RJA
8
Raymond James & Associates
Florida
$760K +$89.3K +6,029 +14%
CCP
9
Clough Capital Partners
Massachusetts
$667K -$1.24M -83,515 -66%
BC
10
Brinker Capital
Pennsylvania
$489K +$144K +9,702 +43%
CL
11
CSS LLC
Illinois
$476K
MIG
12
Mariner Investment Group
New York
$453K -$417K -28,143 -49%
FFG
13
Ford Financial Group
California
$429K +$401K +27,076 New
NMC
14
Nine Masts Capital
Hong Kong
$377K +$367K +24,790 New
AG
15
Advisor Group
Arizona
$337K +$18.8K +1,272 +6%
Morgan Stanley
16
Morgan Stanley
New York
$287K -$25.4K -1,713 -8%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$245K -$39.2K -2,645 -14%
LPL Financial
18
LPL Financial
California
$228K +$221K +14,952 New
IA
19
IFP Advisors
Florida
$186K -$19.5K -1,319 -10%
SEI Investments
20
SEI Investments
Pennsylvania
$99K +$96.6K +6,525 New
UBS Group
21
UBS Group
Switzerland
$44K -$3.57K -241 -8%
GWM
22
Geneos Wealth Management
Colorado
$40K +$1.36K +92 +4%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$31K
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$24K +$1.07K +72 +5%
SWP
25
Stratos Wealth Partners
Ohio
$18K +$17.5K +1,184 New

CLM Hedge Fund Activity: Q4 2017 in Review

38 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2017, worth a combined $124M — down 3.9% from $129M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new CLM positions and 6 closed out — a net gain of 5 holders — while 8 added to existing stakes and 12 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $4.32M. The largest seller was ING Group, cutting an estimated $4.86M.

  • 38 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2017, up from 33 in Q3 2017.
  • Funds reported $124M of Cornerstone Strategic Value Fund stock for Q4 2017, down 3.9% quarter-over-quarter.
  • 11 funds opened new Cornerstone Strategic Value Fund positions in Q4 2017 and 6 closed out, a net change of +5 holders.
  • The largest Cornerstone Strategic Value Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $4.32M added.
  • The largest Cornerstone Strategic Value Fund seller in Q4 2017 was ING Group, an estimated $4.86M sold.

Based on aggregated 13F filings for Q4 2017.