Cornerstone Strategic Value Fund
48 hedge funds and large institutions have $192M invested in Cornerstone Strategic Value Fund in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0% more funds holding
Funds holding: 48 → 48 (0)
18.66% less ownership
Funds ownership: 40.26% → 21.6% (-19%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
88% less capital inflows, than outflows
Capital inflows: $3.72M | Capital outflows: $29.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Centaurus Financial
Anaheim,
California
|
+$1.25M |
| 2 |
Millennium Management
New York
|
+$439K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$341K |
| 4 |
Morgan Stanley
New York
|
+$306K |
| 5 |
Ford Financial Group
Fresno,
California
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.5M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.57M |
| 3 |
City of London Investment Management
London,
United Kingdom
|
-$5.6M |
| 4 |
Yakira Capital Management
Westport,
Connecticut
|
-$1.57M |
| 5 |
AGM
Alpine Global Management
New York
|
-$1.19M |
CLM Hedge Fund Activity: Q1 2019 in Review
48 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q1 2019, worth a combined $192M — down 4.3% from $200M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CLM positions and 10 closed out — a net gain of 1 holder — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Centaurus Financial, adding an estimated $1.25M. The largest seller was Sit Investment Associates, cutting an estimated $11.5M.
- 48 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $192M of Cornerstone Strategic Value Fund stock for Q1 2019, down 4.3% quarter-over-quarter.
- 11 funds opened new Cornerstone Strategic Value Fund positions in Q1 2019 and 10 closed out, a net change of +1 holder.
- The largest Cornerstone Strategic Value Fund buyer in Q1 2019 was Centaurus Financial, an estimated $1.25M added.
- The largest Cornerstone Strategic Value Fund seller in Q1 2019 was Sit Investment Associates, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2019.