Cornerstone Total Return Fund
17 hedge funds and large institutions have $4.74M invested in Cornerstone Total Return Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more funds holding
Funds holding: 15 → 17 (+2)
13.21% less ownership
Funds ownership: 15.55% → 2.34% (-13%)
85% less capital invested
Capital invested by funds: $32.1M → $4.74M (-$27.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.2M |
| 2 |
Citigroup
New York
|
+$816K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$231K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$185K |
| 5 |
Morgan Stanley
New York
|
+$49.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$29.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$193K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$179K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$9.92K |
| 5 |
BIG
Bellwether Investment Group
Chattanooga,
Tennessee
|
-$5K |
CRF Hedge Fund Activity: Q2 2017 in Review
17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2017, worth a combined $4.74M — down 85% from $32.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CRF positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $1.2M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $29.5M sold.
- 17 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2017, up from 15 in Q1 2017.
- Funds reported $4.74M of Cornerstone Total Return Fund stock for Q2 2017, down 85% quarter-over-quarter.
- 6 funds opened new Cornerstone Total Return Fund positions in Q2 2017 and 4 closed out, a net change of +2 holders.
- The largest Cornerstone Total Return Fund buyer in Q2 2017 was Weiss Asset Management, an estimated $1.2M added.
- The largest Cornerstone Total Return Fund seller in Q2 2017 was Sit Investment Associates, an estimated $29.5M sold.
Based on aggregated 13F filings for Q2 2017.