Cornerstone Strategic Value Fund
48 hedge funds and large institutions have $30.5M invested in Cornerstone Strategic Value Fund in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
33% more funds holding
Funds holding: 36 → 48 (+12)
1.22% less ownership
Funds ownership: 4.85% → 3.63% (-1.2%)
20% less capital invested
Capital invested by funds: $38.3M → $30.5M (-$7.75M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$1.02M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$265K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$246K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$232K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.76M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.47M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.85M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$208K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$123K |
CLM Hedge Fund Activity: Q4 2020 in Review
48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2020, worth a combined $30.5M — down 20% from $38.3M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CLM positions and 2 closed out — a net gain of 12 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Centaurus Financial, adding an estimated $1.02M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $5.76M sold.
- 48 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2020, up from 36 in Q3 2020.
- Funds reported $30.5M of Cornerstone Strategic Value Fund stock for Q4 2020, down 20% quarter-over-quarter.
- 14 funds opened new Cornerstone Strategic Value Fund positions in Q4 2020 and 2 closed out, a net change of +12 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2020 was Centaurus Financial, an estimated $1.02M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2020 was Sit Investment Associates, an estimated $5.76M sold.
Based on aggregated 13F filings for Q4 2020.