Cornerstone Total Return Fund
27 hedge funds and large institutions have $17.7M invested in Cornerstone Total Return Fund in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
2.82% less ownership
Funds ownership: 7.1% → 4.29% (-2.8%)
25% less funds holding
Funds holding: 36 → 27 (-9)
35% less capital invested
Capital invested by funds: $27.1M → $17.7M (-$9.39M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
SIA
27
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$3.91M | -396,557 | Closed |
|
|
CCP
28
Clough Capital Partners
Boston,
Massachusetts
| – | -$2.1M | -212,717 | Closed |
|
|
MAFM
29
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$230K | -23,358 | Closed |
|
|
AGM
30
Alpine Global Management
New York
| – | -$191K | -19,396 | Closed |
|
31
Lido Advisors
Los Angeles,
California
| – | -$118K | -11,987 | Closed |
|
|
IFWM
32
Institute for Wealth Management
Denver,
Colorado
| – | -$114K | -11,596 | Closed |
|
|
CAN
33
Cetera Advisor Networks
El Segundo,
California
| – | -$27K | -2,760 | Closed |
|
|
JPLA
34
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$10K | -1,020 | Closed |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -126 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | +$31 | +3 | +300% |
|
CRF Hedge Fund Activity: Q3 2020 in Review
27 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2020, worth a combined $17.7M — down 35% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CRF and 0 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Osaic Holdings, adding an estimated $818K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.91M sold.
- 27 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2020, down from 36 in Q2 2020.
- Funds reported $17.7M of Cornerstone Total Return Fund stock for Q3 2020, down 35% quarter-over-quarter.
- 0 funds opened new Cornerstone Total Return Fund positions in Q3 2020 and 9 closed out, a net change of -9 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2020 was Osaic Holdings, an estimated $818K added.
- The largest Cornerstone Total Return Fund seller in Q3 2020 was Sit Investment Associates, an estimated $3.91M sold.
Based on aggregated 13F filings for Q3 2020.