Cornerstone Strategic Value Fund
116 hedge funds and large institutions have $214M invested in Cornerstone Strategic Value Fund in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 24 reducing their positions, and 15 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 24
0% more funds holding
Funds holding: 116 → 116 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
2.19% less ownership
Funds ownership: 14.25% → 12.06% (-2.2%)
14% less capital invested
Capital invested by funds: $250M → $214M (-$35.9M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.18M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.76M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.35M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.31M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$26.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.7M |
| 3 |
SOA
Sea Otter Advisors
Miami,
Florida
|
-$3.85M |
| 4 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$3.32M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.79M |
CLM Hedge Fund Activity: Q3 2024 in Review
116 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q3 2024, worth a combined $214M — down 14% from $250M a quarter earlier.
Fund positioning in CLM was balanced in Q3 2024: 15 funds opened new positions, 15 closed out, 46 added to existing stakes and 24 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $2.18M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $26.9M sold.
- 116 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $214M of Cornerstone Strategic Value Fund stock for Q3 2024, down 14% quarter-over-quarter.
- 15 funds opened new Cornerstone Strategic Value Fund positions in Q3 2024 and 15 closed out, a net change of 0 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q3 2024 was Doliver Advisors, an estimated $2.18M added.
- The largest Cornerstone Strategic Value Fund seller in Q3 2024 was Sit Investment Associates, an estimated $26.9M sold.
Based on aggregated 13F filings for Q3 2024.