Cornerstone Total Return Fund
83 hedge funds and large institutions have $243M invested in Cornerstone Total Return Fund in 2025 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 11 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
1% more funds holding
Funds holding: 82 → 83 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less capital invested
Capital invested by funds: $252M → $243M (-$8.62M)
1.9% less ownership
Funds ownership: 27.76% → 25.85% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$3.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.09M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.06M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$2.05M |
| 5 |
SC
Sculptor Capital
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$9.88M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$6.44M |
| 3 |
UFM
Ursa Fund Management
Danville,
California
|
-$5.62M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.78M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.11M |
CRF Hedge Fund Activity: Q3 2025 in Review
83 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2025, worth a combined $243M — down 3.4% from $252M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CRF positions and 11 closed out — a net gain of 4 holders — while 32 added to existing stakes and 18 trimmed.
The largest buyer was Alpine Global Management, adding an estimated $3.9M. The largest seller was Absolute Investment Advisers, exiting entirely with an estimated $9.88M sold.
- 83 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2025, up from 82 in Q2 2025.
- Funds reported $243M of Cornerstone Total Return Fund stock for Q3 2025, down 3.4% quarter-over-quarter.
- 15 funds opened new Cornerstone Total Return Fund positions in Q3 2025 and 11 closed out, a net change of +4 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2025 was Alpine Global Management, an estimated $3.9M added.
- The largest Cornerstone Total Return Fund seller in Q3 2025 was Absolute Investment Advisers, an estimated $9.88M sold.
Based on aggregated 13F filings for Q3 2025.