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Cornerstone Strategic Value Fund

52 hedge funds and large institutions have $158M invested in Cornerstone Strategic Value Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

36% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 14

8% more funds holding

Funds holding: 4852 (+4)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.93% less ownership

Funds ownership: 21.62%20.68% (-0.93%)

16% less capital invested

Capital invested by funds: $189M → $158M (-$31M)

Holders
52
Holders Change
+4
Holders Change %
+8.33%
% of All Funds
1.13%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
10
Increased
19
Reduced
14
Closed
6
Calls
$2.61M
Puts
Net Calls
+$2.61M
Net Calls Change
+$2.61M
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$90.2M -$8.13M -691,076 -8%
KIM
2
Karpus Investment Management
New York
$18M -$7.05M -599,192 -28%
YCM
3
Yakira Capital Management
Connecticut
$15.5M -$1.9M -161,177 -11%
TJHA
4
Thomas J. Herzfeld Advisors
Florida
$10.7M +$803K +68,292 +8%
CCP
5
Clough Capital Partners
Massachusetts
$6.43M -$161K -13,652 -2%
CF
6
Centaurus Financial
California
$3.61M +$3.67M +312,193 +10,406%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$1.86M +$201K +17,068 +12%
FFG
8
Ford Financial Group
California
$1.81M +$168K +14,277 +10%
AG
9
Advisor Group
Arizona
$1.19M +$116K +9,873 +10%
MWPCG
10
Measured Wealth Private Client Group
New Hampshire
$874K +$897K +76,256 New
PAG
11
Private Advisor Group
New Jersey
$750K +$465K +39,526 +152%
Creative Planning
12
Creative Planning
Kansas
$690K -$30.1K -2,563 -4%
RJA
13
Raymond James & Associates
Florida
$556K +$408K +34,686 +250%
Morgan Stanley
14
Morgan Stanley
New York
$552K +$27.9K +2,370 +5%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$507K +$63.3K +5,382 +14%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$476K +$489K +41,575 New
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$429K -$549K -46,655 -55%
Millennium Management
18
Millennium Management
New York
$385K -$38.4K -3,268 -9%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$349K +$21.5K +1,829 +6%
CL
20
CSS LLC
Illinois
$328K
KA
21
Kovack Advisors
Florida
$296K +$26.2K +2,228 +9%
DWM
22
Dakota Wealth Management
Florida
$279K -$77.3K -6,574 -21%
MAFM
23
Mid Atlantic Financial Management
Pennsylvania
$239K +$86K +7,315 +54%
LPL Financial
24
LPL Financial
California
$229K +$91.6K +7,790 +64%
WAM
25
Wolverine Asset Management
Illinois
$205K +$211K +17,959 New

CLM Hedge Fund Activity: Q2 2019 in Review

52 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q2 2019, worth a combined $158M — down 16% from $189M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new CLM positions and 6 closed out — a net gain of 4 holders — while 19 added to existing stakes and 14 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $3.98M. The largest seller was Sit Investment Associates, cutting an estimated $8.13M.

  • 52 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q2 2019, up from 48 in Q1 2019.
  • Funds reported $158M of Cornerstone Strategic Value Fund stock for Q2 2019, down 16% quarter-over-quarter.
  • 10 funds opened new Cornerstone Strategic Value Fund positions in Q2 2019 and 6 closed out, a net change of +4 holders.
  • The largest Cornerstone Strategic Value Fund buyer in Q2 2019 was Rivernorth Capital Management, an estimated $3.98M added.
  • The largest Cornerstone Strategic Value Fund seller in Q2 2019 was Sit Investment Associates, an estimated $8.13M sold.

Based on aggregated 13F filings for Q2 2019.