Cornerstone Strategic Value Fund
90 hedge funds and large institutions have $341M invested in Cornerstone Strategic Value Fund in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
15% more funds holding
Funds holding: 78 → 90 (+12)
4.26% more ownership
Funds ownership: 34.74% → 38.99% (+4.3%)
4% less capital invested
Capital invested by funds: $353M → $341M (-$12.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGC
Hunting Hill Global Capital
New York
|
+$32M |
| 2 |
AGM
Alpine Global Management
New York
|
+$9.51M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$8.61M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$6.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFM
Ursa Fund Management
Danville,
California
|
-$17.4M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.19M |
| 3 |
Millennium Management
New York
|
-$2.87M |
| 4 |
Mariner
Overland Park,
Kansas
|
-$1.59M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.54M |
CLM Hedge Fund Activity: Q4 2022 in Review
90 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2022, worth a combined $341M — down 3.5% from $353M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CLM positions and 5 closed out — a net gain of 13 holders — while 35 added to existing stakes and 24 trimmed.
The largest buyer was Hunting Hill Global Capital, adding an estimated $32M. The largest seller was Ursa Fund Management, cutting an estimated $17.4M.
- 90 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2022, up from 78 in Q3 2022.
- Funds reported $341M of Cornerstone Strategic Value Fund stock for Q4 2022, down 3.5% quarter-over-quarter.
- 18 funds opened new Cornerstone Strategic Value Fund positions in Q4 2022 and 5 closed out, a net change of +13 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2022 was Hunting Hill Global Capital, an estimated $32M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2022 was Ursa Fund Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2022.