Cornerstone Total Return Fund
34 hedge funds and large institutions have $21.8M invested in Cornerstone Total Return Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 6 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
33% more capital invested
Capital invested by funds: $16.3M → $21.8M (+$5.45M)
0.58% more ownership
Funds ownership: 3.79% → 4.36% (+0.58%)
3% less funds holding
Funds holding: 35 → 34 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.13M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$300K |
| 4 |
FFG
Ford Financial Group
Fresno,
California
|
+$203K |
| 5 |
SG
StoneX Group
New York
|
+$141K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $26.5K | – | – | – |
|
27
Citigroup
New York
| $24K | – | – | – |
|
|
HI
28
Harbour Investments
Madison,
Wisconsin
| $15K | +$14.4K | +1,163 | New |
|
|
SL
29
Savior LLC
Wellesley Hills,
Massachusetts
| $10K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $10K | +$1.71K | +138 | +21% |
|
31
Wells Fargo
San Francisco,
California
| $5K | +$5.05K | +408 | New |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$62 | +5 | +3% |
|
33
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
YCM
34
Yakira Capital Management
Westport,
Connecticut
| – | -$569K | -50,877 | Closed |
|
35
Truist Financial
Charlotte,
North Carolina
| – | -$132K | -11,798 | Closed |
|
36
Envestnet Asset Management
Chicago,
Illinois
| – | -$119K | -10,653 | Closed |
|
|
AWG
37
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$105K | -9,369 | Closed |
|
38
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$25K | -2,155 | Closed |
|
39
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -1 | -50% |
|
CRF Hedge Fund Activity: Q1 2021 in Review
34 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q1 2021, worth a combined $21.8M — up 33% from $16.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CRF and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.13M. The largest seller was Osaic Holdings, cutting an estimated $954K.
- 34 institutional investors held Cornerstone Total Return Fund (CRF) as of Q1 2021, down from 35 in Q4 2020.
- Funds reported $21.8M of Cornerstone Total Return Fund stock for Q1 2021, up 33% quarter-over-quarter.
- 5 funds opened new Cornerstone Total Return Fund positions in Q1 2021 and 6 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q1 2021 was Royal Bank of Canada, an estimated $3.13M added.
- The largest Cornerstone Total Return Fund seller in Q1 2021 was Osaic Holdings, an estimated $954K sold.
Based on aggregated 13F filings for Q1 2021.