Cornerstone Total Return Fund
82 hedge funds and large institutions have $252M invested in Cornerstone Total Return Fund in 2025 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 11 closing their positions.
190% more capital invested
Capital invested by funds: $86.8M → $252M (+$165M)
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
17.22% more ownership
Funds ownership: 10.54% → 27.76% (+17%)
17% more funds holding
Funds holding: 70 → 82 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$78.4M |
| 2 |
SC
Sculptor Capital
New York
|
+$17.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$13.9M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$11.5M |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.4M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$837K |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$543K |
| 4 |
Morgan Stanley
New York
|
-$399K |
| 5 |
AG
AmeriFlex Group
Las Vegas,
Nevada
|
-$343K |
CRF Hedge Fund Activity: Q2 2025 in Review
82 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2025, worth a combined $252M — up 190% from $86.8M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CRF positions and 11 closed out — a net gain of 12 holders — while 32 added to existing stakes and 27 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $78.4M. The largest seller was Bank of America, cutting an estimated $9.4M.
- 82 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2025, up from 70 in Q1 2025.
- Funds reported $252M of Cornerstone Total Return Fund stock for Q2 2025, up 190% quarter-over-quarter.
- 23 funds opened new Cornerstone Total Return Fund positions in Q2 2025 and 11 closed out, a net change of +12 holders.
- The largest Cornerstone Total Return Fund buyer in Q2 2025 was Sit Investment Associates, an estimated $78.4M added.
- The largest Cornerstone Total Return Fund seller in Q2 2025 was Bank of America, an estimated $9.4M sold.
Based on aggregated 13F filings for Q2 2025.