Cornerstone Total Return Fund
16 hedge funds and large institutions have $23.7M invested in Cornerstone Total Return Fund in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
2.54% less ownership
Funds ownership: 21.55% → 19.01% (-2.5%)
6% less funds holding
Funds holding: 17 → 16 (-1)
8% less capital invested
Capital invested by funds: $25.7M → $23.7M (-$2.02M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$1.08M |
| 2 |
LPL Financial
San Diego,
California
|
+$268K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$265K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$170K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.94M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$217K |
| 4 |
AGM
Alpine Global Management
New York
|
-$211K |
| 5 |
Morgan Stanley
New York
|
-$74.1K |
CRF Hedge Fund Activity: Q4 2015 in Review
16 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2015, worth a combined $23.7M — down 7.9% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CRF and 6 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $1.08M. The largest seller was Sit Investment Associates, cutting an estimated $2.94M.
- 16 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2015, down from 17 in Q3 2015.
- Funds reported $23.7M of Cornerstone Total Return Fund stock for Q4 2015, down 7.9% quarter-over-quarter.
- 6 funds opened new Cornerstone Total Return Fund positions in Q4 2015 and 7 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q4 2015 was National Planning Corporation, an estimated $1.08M added.
- The largest Cornerstone Total Return Fund seller in Q4 2015 was Sit Investment Associates, an estimated $2.94M sold.
Based on aggregated 13F filings for Q4 2015.