Cornerstone Total Return Fund
36 hedge funds and large institutions have $27.1M invested in Cornerstone Total Return Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
3% less funds holding
Funds holding: 37 → 36 (-1)
5.89% less ownership
Funds ownership: 13% → 7.1% (-5.9%)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
29% less capital invested
Capital invested by funds: $38.3M → $27.1M (-$11.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$689K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$646K |
| 3 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$232K |
| 4 |
IIC
Ironwood Investment Counsel
Scottsdale,
Arizona
|
+$116K |
| 5 |
OWA
Outlook Wealth Advisors
Shenandoah,
Texas
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.46M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.73M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$829K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$648K |
CRF Hedge Fund Activity: Q2 2020 in Review
36 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2020, worth a combined $27.1M — down 29% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CRF and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 14 added.
The largest buyer was Osaic Holdings, adding an estimated $689K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $11.3M sold.
- 36 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2020, down from 37 in Q1 2020.
- Funds reported $27.1M of Cornerstone Total Return Fund stock for Q2 2020, down 29% quarter-over-quarter.
- 5 funds opened new Cornerstone Total Return Fund positions in Q2 2020 and 6 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q2 2020 was Osaic Holdings, an estimated $689K added.
- The largest Cornerstone Total Return Fund seller in Q2 2020 was Karpus Investment Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2020.