Cornerstone Total Return Fund
23 hedge funds and large institutions have $17.9M invested in Cornerstone Total Return Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0% more funds holding
Funds holding: 23 → 23 (0)
4.6% less ownership
Funds ownership: 10.38% → 5.78% (-4.6%)
48% less capital invested
Capital invested by funds: $34.4M → $17.9M (-$16.5M)
Top Buyers
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$3.11M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.85M |
| 3 |
VF
Virtu Financial
New York
|
+$294K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$202K |
| 5 |
FFG
Ford Financial Group
Fresno,
California
|
+$106K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$132K | -8,917 | Closed |
|
|
FGAM
27
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$6K | -406 | Closed |
|
CRF Hedge Fund Activity: Q2 2018 in Review
23 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2018, worth a combined $17.9M — down 48% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CRF positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $3.11M. The largest seller was Sit Investment Associates, cutting an estimated $15.5M.
- 23 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $17.9M of Cornerstone Total Return Fund stock for Q2 2018, down 48% quarter-over-quarter.
- 6 funds opened new Cornerstone Total Return Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest Cornerstone Total Return Fund buyer in Q2 2018 was Nine Masts Capital, an estimated $3.11M added.
- The largest Cornerstone Total Return Fund seller in Q2 2018 was Sit Investment Associates, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2018.