Cornerstone Total Return Fund
43 hedge funds and large institutions have $73.5M invested in Cornerstone Total Return Fund in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 12 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.06% less ownership
Funds ownership: 12.18% → 9.13% (-3.1%)
20% less funds holding
Funds holding: 54 → 43 (-11)
25% less capital invested
Capital invested by funds: $98.4M → $73.5M (-$24.9M)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$593K |
| 2 |
Mariner
Overland Park,
Kansas
|
+$202K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$140K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$97.8K |
| 5 |
Morgan Stanley
New York
|
+$95.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$23M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$694K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$411K |
| 4 |
VF
Virtu Financial
New York
|
-$399K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
-$337K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$94.8K | -12,084 | Closed |
|
|
HIP
52
HUB Investment Partners
Austin,
Texas
| – | -$80.3K | -10,235 | Closed |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$26K | -3,317 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$4.47K | -570 | Closed |
|
|
HT
55
Headlands Technologies
Chicago,
Illinois
| – | -$64 | -8 | Closed |
|
CRF Hedge Fund Activity: Q3 2023 in Review
43 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2023, worth a combined $73.5M — down 25% from $98.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CRF and 1 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was Osaic Holdings, adding an estimated $593K. The largest seller was Sit Investment Associates, cutting an estimated $23M.
- 43 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2023, down from 54 in Q2 2023.
- Funds reported $73.5M of Cornerstone Total Return Fund stock for Q3 2023, down 25% quarter-over-quarter.
- 1 fund opened new Cornerstone Total Return Fund positions in Q3 2023 and 12 closed out, a net change of -11 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2023 was Osaic Holdings, an estimated $593K added.
- The largest Cornerstone Total Return Fund seller in Q3 2023 was Sit Investment Associates, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2023.