Cornerstone Total Return Fund
CRF
17 hedge funds and large institutions have $5.16M invested in Cornerstone Total Return Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
8.4% less ownership
Funds ownership: 13.07% → 4.67% (-8.4%)
11% less funds holding
Funds holding: 19 → 17 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
68% less capital invested
Capital invested by funds: $16.1M → $5.16M (-$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$439K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$85K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$48.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$24.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.07K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.19M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.47M |
| 3 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$470K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$437K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$214K |
CRF Hedge Fund Activity: Q3 2016 in Review
17 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2016, worth a combined $5.16M — down 68% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CRF and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was TFS Capital, opening a new position worth an estimated $439K. The largest seller was Sit Investment Associates, cutting an estimated $8.19M.
- 17 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2016, down from 19 in Q2 2016.
- Funds reported $5.16M of Cornerstone Total Return Fund stock for Q3 2016, down 68% quarter-over-quarter.
- 4 funds opened new Cornerstone Total Return Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Cornerstone Total Return Fund buyer in Q3 2016 was TFS Capital, an estimated $439K added.
- The largest Cornerstone Total Return Fund seller in Q3 2016 was Sit Investment Associates, an estimated $8.19M sold.
Based on aggregated 13F filings for Q3 2016.