Cornerstone Total Return Fund
20 hedge funds and large institutions have $21.4M invested in Cornerstone Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
25% more funds holding
Funds holding: 16 → 20 (+4)
1.36% less ownership
Funds ownership: 19.01% → 17.65% (-1.4%)
10% less capital invested
Capital invested by funds: $23.7M → $21.4M (-$2.26M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$481K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$201K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$76.7K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$6.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$908K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$575K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$281K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$115K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$47.9K |
CRF Hedge Fund Activity: Q1 2016 in Review
20 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q1 2016, worth a combined $21.4M — down 9.6% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CRF positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Clough Capital Partners, opening a new position worth an estimated $481K. The largest seller was National Planning Corporation, exiting entirely with an estimated $908K sold.
- 20 institutional investors held Cornerstone Total Return Fund (CRF) as of Q1 2016, up from 16 in Q4 2015.
- Funds reported $21.4M of Cornerstone Total Return Fund stock for Q1 2016, down 9.6% quarter-over-quarter.
- 6 funds opened new Cornerstone Total Return Fund positions in Q1 2016 and 2 closed out, a net change of +4 holders.
- The largest Cornerstone Total Return Fund buyer in Q1 2016 was Clough Capital Partners, an estimated $481K added.
- The largest Cornerstone Total Return Fund seller in Q1 2016 was National Planning Corporation, an estimated $908K sold.
Based on aggregated 13F filings for Q1 2016.