Cornerstone Strategic Value Fund
CLM
92 hedge funds and large institutions have $302M invested in Cornerstone Strategic Value Fund in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
3% more funds holding
Funds holding: 89 → 92 (+3)
0.4% less ownership
Funds ownership: 30.31% → 29.91% (-0.4%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
17% less capital inflows, than outflows
Capital inflows: $15.9M | Capital outflows: $19.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.99M |
| 2 |
AGM
Alpine Global Management
New York
|
+$3.93M |
| 3 |
Boothbay Fund Management
New York
|
+$3.89M |
| 4 |
LPL Financial
San Diego,
California
|
+$876K |
| 5 |
Centaurus Financial
Anaheim,
California
|
+$476K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.2M |
| 3 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.1M |
| 4 |
Cetera Advisor Networks
El Segundo,
California
|
-$610K |
| 5 |
Capital CS Group
Irvine,
California
|
-$374K |
CLM Hedge Fund Activity: Q2 2023 in Review
92 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q2 2023, worth a combined $302M — up 6.2% from $284M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CLM positions and 10 closed out — a net gain of 4 holders — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $3.99M. The largest seller was Sit Investment Associates, cutting an estimated $7.13M.
- 92 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q2 2023, up from 89 in Q1 2023.
- Funds reported $302M of Cornerstone Strategic Value Fund stock for Q2 2023, up 6.2% quarter-over-quarter.
- 14 funds opened new Cornerstone Strategic Value Fund positions in Q2 2023 and 10 closed out, a net change of +4 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q2 2023 was Osaic Holdings, an estimated $3.99M added.
- The largest Cornerstone Strategic Value Fund seller in Q2 2023 was Sit Investment Associates, an estimated $7.13M sold.
Based on aggregated 13F filings for Q2 2023.