Cornerstone Total Return Fund
39 hedge funds and large institutions have $138M invested in Cornerstone Total Return Fund in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 2 closing their positions.
800% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 2
668% more capital invested
Capital invested by funds: $17.9M → $138M (+$120M)
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
70% more funds holding
Funds holding: 23 → 39 (+16)
39.01% more ownership
Funds ownership: 5.78% → 44.8% (+39%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$68.9M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$13.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.55M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.01M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$4.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$272K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$17K |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$14K |
| 4 |
Morgan Stanley
New York
|
-$7.63K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.51K |
CRF Hedge Fund Activity: Q3 2018 in Review
39 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2018, worth a combined $138M — up 668% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new CRF positions and 2 closed out — a net gain of 16 holders — while 14 added to existing stakes and 3 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $68.9M. The largest seller was Virtu Financial, exiting entirely with an estimated $272K sold.
- 39 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2018, up from 23 in Q2 2018.
- Funds reported $138M of Cornerstone Total Return Fund stock for Q3 2018, up 668% quarter-over-quarter.
- 18 funds opened new Cornerstone Total Return Fund positions in Q3 2018 and 2 closed out, a net change of +16 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2018 was Sit Investment Associates, an estimated $68.9M added.
- The largest Cornerstone Total Return Fund seller in Q3 2018 was Virtu Financial, an estimated $272K sold.
Based on aggregated 13F filings for Q3 2018.