Cornerstone Strategic Value Fund
38 hedge funds and large institutions have $127M 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.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
15% more funds holding
Funds holding: 33 → 38 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.44% less ownership
Funds ownership: 30.75% → 28.32% (-2.4%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
65% less capital inflows, than outflows
Capital inflows: $5.76M | Capital outflows: $16.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.32M |
| 2 |
Nine Masts Capital
Central,
Hong Kong
|
+$367K |
| 3 |
LPL Financial
San Diego,
California
|
+$221K |
| 4 |
Brinker Capital
Berwyn,
Pennsylvania
|
+$144K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$96.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ING Group
Amsterdam,
Netherlands
|
-$4.86M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
-$3.37M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.5M |
| 5 |
Clough Capital Partners
Boston,
Massachusetts
|
-$1.24M |
CLM Hedge Fund Activity: Q4 2017 in Review
38 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2017, worth a combined $127M — down 3.9% from $132M 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 $127M 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.