Cornerstone Total Return Fund
12 hedge funds and large institutions have $3.65M invested in Cornerstone Total Return Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 8 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
3.19% more ownership
Funds ownership: 1.64% → 4.83% (+3.2%)
25% less funds holding
Funds holding: 16 → 12 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
40% less capital invested
Capital invested by funds: $6.06M → $3.65M (-$2.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$252K |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$204K |
| 3 |
SG Americas Securities
New York
|
+$198K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$97.5K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$38.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$755K |
| 2 |
LPL Financial
San Diego,
California
|
-$578K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$353K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$181K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$161K |
CRF Hedge Fund Activity: Q4 2014 in Review
12 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2014, worth a combined $3.65M — down 40% from $6.06M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CRF and 5 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was B. Riley Wealth Advisors, adding an estimated $252K. The largest seller was Weiss Asset Management, exiting entirely with an estimated $755K sold.
- 12 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2014, down from 16 in Q3 2014.
- Funds reported $3.65M of Cornerstone Total Return Fund stock for Q4 2014, down 40% quarter-over-quarter.
- 5 funds opened new Cornerstone Total Return Fund positions in Q4 2014 and 8 closed out, a net change of -3 holders.
- The largest Cornerstone Total Return Fund buyer in Q4 2014 was B. Riley Wealth Advisors, an estimated $252K added.
- The largest Cornerstone Total Return Fund seller in Q4 2014 was Weiss Asset Management, an estimated $755K sold.
Based on aggregated 13F filings for Q4 2014.