Cornerstone Total Return Fund
CRF
19 hedge funds and large institutions have $10.3M invested in Cornerstone Total Return Fund in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.75% less ownership
Funds ownership: 7.28% → 2.53% (-4.8%)
14% less funds holding
Funds holding: 22 → 19 (-3)
43% less capital invested
Capital invested by funds: $17.9M → $10.3M (-$7.59M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
+$119K |
| 2 |
LPL Financial
San Diego,
California
|
+$114K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$32.7K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$31.4K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$28.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.44M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.18M |
| 3 |
SG Americas Securities
New York
|
-$563K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$439K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$10.3K |
CRF Hedge Fund Activity: Q1 2014 in Review
19 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q1 2014, worth a combined $10.3M — down 43% from $17.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CRF and 0 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was Wedbush Securities, adding an estimated $119K. The largest seller was Sit Investment Associates, cutting an estimated $4.44M.
- 19 institutional investors held Cornerstone Total Return Fund (CRF) as of Q1 2014, down from 22 in Q4 2013.
- Funds reported $10.3M of Cornerstone Total Return Fund stock for Q1 2014, down 43% quarter-over-quarter.
- 0 funds opened new Cornerstone Total Return Fund positions in Q1 2014 and 3 closed out, a net change of -3 holders.
- The largest Cornerstone Total Return Fund buyer in Q1 2014 was Wedbush Securities, an estimated $119K added.
- The largest Cornerstone Total Return Fund seller in Q1 2014 was Sit Investment Associates, an estimated $4.44M sold.
Based on aggregated 13F filings for Q1 2014.