Cornerstone Strategic Value Fund
92 hedge funds and large institutions have $254M invested in Cornerstone Strategic Value Fund in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 22 reducing their positions, and 11 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 22
0% more funds holding
Funds holding: 92 → 92 (0)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3.73% less ownership
Funds ownership: 29.91% → 26.18% (-3.7%)
66% less capital inflows, than outflows
Capital inflows: $19.6M | Capital outflows: $57.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$15.4M |
| 2 |
Morgan Stanley
New York
|
+$1.53M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
+$410K |
| 4 |
Steward Partners Investment Advisory
New York
|
+$287K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$47.3M |
| 2 |
Centaurus Financial
Anaheim,
California
|
-$3.51M |
| 3 |
Ursa Fund Management
Danville,
California
|
-$2.75M |
| 4 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$699K |
| 5 |
Yakira Capital Management
Westport,
Connecticut
|
-$342K |
CLM Hedge Fund Activity: Q3 2023 in Review
92 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2023, worth a combined $254M — down 16% from $302M a quarter earlier.
Fund positioning in CLM was balanced in Q3 2023: 11 funds opened new positions, 11 closed out, 39 added to existing stakes and 22 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $15.4M. The largest seller was Sit Investment Associates, cutting an estimated $47.3M.
- 92 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $254M of Cornerstone Strategic Value Fund stock for Q3 2023, down 16% quarter-over-quarter.
- 11 funds opened new Cornerstone Strategic Value Fund positions in Q3 2023 and 11 closed out, a net change of 0 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q3 2023 was Osaic Holdings, an estimated $15.4M added.
- The largest Cornerstone Strategic Value Fund seller in Q3 2023 was Sit Investment Associates, an estimated $47.3M sold.
Based on aggregated 13F filings for Q3 2023.