Cornerstone Total Return Fund
30 hedge funds and large institutions have $71.2M invested in Cornerstone Total Return Fund in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
1,403% more capital invested
Capital invested by funds: $4.74M → $71.2M (+$66.5M)
1,400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 1
76% more funds holding
Funds holding: 17 → 30 (+13)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
36.19% more ownership
Funds ownership: 2.34% → 38.53% (+36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$38.3M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$11.7M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$5.19M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$3.19M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$733K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$488K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$68K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.3K |
| 5 |
Morgan Stanley
New York
|
-$4.97K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $3K | – | – | – |
|
28
Walleye Trading
New York
| $1.76K | +$1.75M | +122,364 | +119,965% |
|
|
29
Citigroup
New York
| $1K | -$733K | -51,229 | -100% |
|
30
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
31
Creative Planning
Overland Park,
Kansas
| – | -$68K | -4,398 | Closed |
|
CRF Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2017, worth a combined $71.2M — up 1,403% from $4.74M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CRF positions and 1 closed out — a net gain of 14 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $38.3M. The largest seller was Citigroup, cutting an estimated $733K.
- 30 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2017, up from 17 in Q2 2017.
- Funds reported $71.2M of Cornerstone Total Return Fund stock for Q3 2017, up 1,403% quarter-over-quarter.
- 15 funds opened new Cornerstone Total Return Fund positions in Q3 2017 and 1 closed out, a net change of +14 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2017 was Sit Investment Associates, an estimated $38.3M added.
- The largest Cornerstone Total Return Fund seller in Q3 2017 was Citigroup, an estimated $733K sold.
Based on aggregated 13F filings for Q3 2017.