Cornerstone Total Return Fund
18 hedge funds and large institutions have $5.86M invested in Cornerstone Total Return Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 6 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
0.95% less ownership
Funds ownership: 2.53% → 1.59% (-0.95%)
5% less funds holding
Funds holding: 19 → 18 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
43% less capital invested
Capital invested by funds: $10.3M → $5.86M (-$4.42M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$301K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$268K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$87K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$66.4K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
+$43.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.76M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.67M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$892K |
| 4 |
DMAM
Del Mar Asset Management
New York
|
-$112K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$84K |
CRF Hedge Fund Activity: Q2 2014 in Review
18 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2014, worth a combined $5.86M — down 43% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CRF and 5 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 8 added.
The largest buyer was LPL Financial, adding an estimated $301K. The largest seller was Sit Investment Associates, cutting an estimated $1.76M.
- 18 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2014, down from 19 in Q1 2014.
- Funds reported $5.86M of Cornerstone Total Return Fund stock for Q2 2014, down 43% quarter-over-quarter.
- 5 funds opened new Cornerstone Total Return Fund positions in Q2 2014 and 6 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q2 2014 was LPL Financial, an estimated $301K added.
- The largest Cornerstone Total Return Fund seller in Q2 2014 was Sit Investment Associates, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2014.