Cornerstone Total Return Fund
35 hedge funds and large institutions have $16.3M invested in Cornerstone Total Return Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
30% more funds holding
Funds holding: 27 → 35 (+8)
0.5% less ownership
Funds ownership: 4.29% → 3.79% (-0.5%)
8% less capital invested
Capital invested by funds: $17.7M → $16.3M (-$1.4M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$204K |
| 2 |
SG
StoneX Group
New York
|
+$195K |
| 3 |
FFG
Ford Financial Group
Fresno,
California
|
+$134K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$128K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.03M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.01M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$750K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$174K |
| 5 |
VF
Virtu Financial
New York
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $25K | +$23.4K | +2,155 | New |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $22.8K | – | – | – |
|
28
Citigroup
New York
| $20K | – | – | – |
|
|
JPLA
29
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| $19K | +$18.8K | +1,734 | New |
|
|
SL
30
Savior LLC
Wellesley Hills,
Massachusetts
| $8K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| $7K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$1.99K | +183 | New |
|
33
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
VF
34
Virtu Financial
New York
| – | -$133K | -12,353 | Closed |
|
35
Fidelity Investments
Boston,
Massachusetts
| – | +$22 | +2 | New |
|
CRF Hedge Fund Activity: Q4 2020 in Review
35 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2020, worth a combined $16.3M — down 7.9% from $17.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CRF positions and 1 closed out — a net gain of 8 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $204K. The largest seller was Yakira Capital Management, cutting an estimated $1.03M.
- 35 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2020, up from 27 in Q3 2020.
- Funds reported $16.3M of Cornerstone Total Return Fund stock for Q4 2020, down 7.9% quarter-over-quarter.
- 9 funds opened new Cornerstone Total Return Fund positions in Q4 2020 and 1 closed out, a net change of +8 holders.
- The largest Cornerstone Total Return Fund buyer in Q4 2020 was Baird Financial Group, an estimated $204K added.
- The largest Cornerstone Total Return Fund seller in Q4 2020 was Yakira Capital Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2020.