Cornerstone Strategic Value Fund
128 hedge funds and large institutions have $266M invested in Cornerstone Strategic Value Fund in 2024 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 16 closing their positions.
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
24% more capital invested
Capital invested by funds: $214M → $266M (+$52.3M)
10% more funds holding
Funds holding: 116 → 128 (+12)
1.35% more ownership
Funds ownership: 12.06% → 13.4% (+1.3%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$56.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.97M |
| 3 |
SC
Sculptor Capital
New York
|
+$1.52M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.45M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$998K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.1M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$9.73M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.9M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.59M |
| 5 |
QL
Quarry LP
New York
|
-$3.86M |
CLM Hedge Fund Activity: Q4 2024 in Review
128 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Strategic Value Fund (CLM) for Q4 2024, worth a combined $266M — up 24% from $214M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CLM positions and 16 closed out — a net gain of 15 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Alpine Global Management, adding an estimated $56.1M. The largest seller was Karpus Investment Management, cutting an estimated $12.1M.
- 128 institutional investors held Cornerstone Strategic Value Fund (CLM) as of Q4 2024, up from 116 in Q3 2024.
- Funds reported $266M of Cornerstone Strategic Value Fund stock for Q4 2024, up 24% quarter-over-quarter.
- 31 funds opened new Cornerstone Strategic Value Fund positions in Q4 2024 and 16 closed out, a net change of +15 holders.
- The largest Cornerstone Strategic Value Fund buyer in Q4 2024 was Alpine Global Management, an estimated $56.1M added.
- The largest Cornerstone Strategic Value Fund seller in Q4 2024 was Karpus Investment Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2024.