Cornerstone Strategic Value Fund
47 hedge funds and large institutions have $133M invested in Cornerstone Strategic Value Fund in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 6 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 46 → 47 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $138M → $133M (-$5.27M)
1.14% less ownership
Funds ownership: 17.66% → 16.52% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.81M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$994K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$486K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$384K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.03M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.82M |
| 4 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
-$712K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$542K |
CLM Hedge Fund Activity: Q4 2019 in Review
47 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2019, worth a combined $133M — down 3.8% from $138M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CLM positions and 6 closed out — a net gain of 1 holder — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $1.81M. The largest seller was Sit Investment Associates, cutting an estimated $4.6M.
- 47 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2019, up from 46 in Q3 2019.
- Funds reported $133M of Cornerstone Strategic Value Fund stock for Q4 2019, down 3.8% quarter-over-quarter.
- 7 funds opened new Cornerstone Strategic Value Fund positions in Q4 2019 and 6 closed out, a net change of +1 holder.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2019 was Clough Capital Partners, an estimated $1.81M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2019 was Sit Investment Associates, an estimated $4.6M sold.
Based on aggregated 13F filings for Q4 2019.