Cornerstone Total Return Fund
19 hedge funds and large institutions have $16.1M invested in Cornerstone Total Return Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
4.59% less ownership
Funds ownership: 17.65% → 13.07% (-4.6%)
5% less funds holding
Funds holding: 20 → 19 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
25% less capital invested
Capital invested by funds: $21.4M → $16.1M (-$5.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.07M |
| 2 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$464K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$214K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$182K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$49.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.15M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.07M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$517K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$293K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$2K | -157 | Closed |
|
CRF Hedge Fund Activity: Q2 2016 in Review
19 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2016, worth a combined $16.1M — down 25% from $21.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CRF and 6 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.07M. The largest seller was Sit Investment Associates, cutting an estimated $5.15M.
- 19 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2016, down from 20 in Q1 2016.
- Funds reported $16.1M of Cornerstone Total Return Fund stock for Q2 2016, down 25% quarter-over-quarter.
- 6 funds opened new Cornerstone Total Return Fund positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q2 2016 was Ladenburg Thalmann Financial Services, an estimated $1.07M added.
- The largest Cornerstone Total Return Fund seller in Q2 2016 was Sit Investment Associates, an estimated $5.15M sold.
Based on aggregated 13F filings for Q2 2016.