Cornerstone Total Return Fund
16 hedge funds and large institutions have $6.06M invested in Cornerstone Total Return Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $5.86M → $6.06M (+$200K)
0.05% more ownership
Funds ownership: 1.59% → 1.64% (+0.05%)
11% less funds holding
Funds holding: 18 → 16 (-2)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$790K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$689K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$124K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$118K |
| 5 |
LPL Financial
San Diego,
California
|
+$90.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.19M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$249K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$55.8K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$46.5K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$22K |
CRF Hedge Fund Activity: Q3 2014 in Review
16 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2014, worth a combined $6.06M — up 3.4% from $5.86M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CRF and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $790K. The largest seller was Yakira Capital Management, cutting an estimated $1.19M.
- 16 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2014, down from 18 in Q2 2014.
- Funds reported $6.06M of Cornerstone Total Return Fund stock for Q3 2014, up 3.4% quarter-over-quarter.
- 3 funds opened new Cornerstone Total Return Fund positions in Q3 2014 and 5 closed out, a net change of -2 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2014 was Weiss Asset Management, an estimated $790K added.
- The largest Cornerstone Total Return Fund seller in Q3 2014 was Yakira Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2014.