Cornerstone Total Return Fund
15 hedge funds and large institutions have $32.1M invested in Cornerstone Total Return Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
6% less funds holding
Funds holding: 16 → 15 (-1)
29.01% less ownership
Funds ownership: 44.57% → 15.55% (-29%)
37% less capital invested
Capital invested by funds: $51.1M → $32.1M (-$18.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$964K |
| 2 |
LPL Financial
San Diego,
California
|
+$184K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$7.58K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$3.89K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$22.7M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$126K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$31.9K |
| 4 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$11K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.71K |
CRF Hedge Fund Activity: Q1 2017 in Review
15 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q1 2017, worth a combined $32.1M — down 37% from $51.1M a quarter earlier.
Fund positioning in CRF was balanced in Q1 2017: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $964K. The largest seller was Sit Investment Associates, cutting an estimated $22.7M.
- 15 institutional investors held Cornerstone Total Return Fund (CRF) as of Q1 2017, down from 16 in Q4 2016.
- Funds reported $32.1M of Cornerstone Total Return Fund stock for Q1 2017, down 37% quarter-over-quarter.
- 3 funds opened new Cornerstone Total Return Fund positions in Q1 2017 and 3 closed out, a net change of 0 holders.
- The largest Cornerstone Total Return Fund buyer in Q1 2017 was Ameriprise, an estimated $964K added.
- The largest Cornerstone Total Return Fund seller in Q1 2017 was Sit Investment Associates, an estimated $22.7M sold.
Based on aggregated 13F filings for Q1 2017.