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CRF

Cornerstone Total Return Fund

29 hedge funds and large institutions have $64.1M invested in Cornerstone Total Return Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 3029 (-1)

4.42% less ownership

Funds ownership: 38.53%34.11% (-4.4%)

10% less capital invested

Capital invested by funds: $71.2M → $64.1M (-$7.09M)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

Holders
29
Holders Change
-1
Holders Change %
-3.33%
% of All Funds
0.66%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
8
Reduced
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$41.6M +$1.5M +102,636 +4%
YCM
2
Yakira Capital Management
Connecticut
$9.79M -$2.35M -161,469 -20%
RCM
3
Rivernorth Capital Management
Florida
$3.83M +$2.61M +178,931 +233%
IG
4
ING Group
Netherlands
$3.08M -$2.29M -157,324 -43%
LCM
5
Laurion Capital Management
New York
$1.26M -$497K -34,085 -29%
Millennium Management
6
Millennium Management
New York
$929K +$904K +61,977 New
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$894K -$383K -26,264 -31%
CCP
8
Clough Capital Partners
Massachusetts
$772K -$1.08M -74,378 -59%
MIG
9
Mariner Investment Group
New York
$459K -$402K -27,540 -47%
FFG
10
Ford Financial Group
California
$411K +$386K +26,469 New
BC
11
Brinker Capital
Pennsylvania
$330K +$321K +22,029 New
AGM
12
Alpine Global Management
New York
$270K -$74.4K -5,100 -22%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$164K +$8.11K +556 +5%
AG
14
Advisor Group
Arizona
$72K +$55K +3,770 +370%
Morgan Stanley
15
Morgan Stanley
New York
$68K -$7.26K -498 -10%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$41K
Bank of America
17
Bank of America
North Carolina
$40K -$15.3K -1,048 -28%
APA
18
American Portfolios Advisors
New York
$30.6K +$29.7K +2,040 New
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19K +$2.04K +140 +13%
GWM
20
Geneos Wealth Management
Colorado
$14K +$729 +50 +5%
IA
21
IFP Advisors
Florida
$6K -$860 -59 -13%
Wells Fargo
22
Wells Fargo
California
$6K
FGC
23
Financial Gravity Companies
Texas
$4K +$3.37K +231 New
Walleye Trading
24
Walleye Trading
New York
$3.37K +$1.5M +102,636 +84%
SPIA
25
Steward Partners Investment Advisory
New York
$3K

CRF Hedge Fund Activity: Q4 2017 in Review

29 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2017, worth a combined $64.1M — down 10% from $71.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of CRF and 7 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 8 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.61M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $4.28M sold.

  • 29 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2017, down from 30 in Q3 2017.
  • Funds reported $64.1M of Cornerstone Total Return Fund stock for Q4 2017, down 10% quarter-over-quarter.
  • 7 funds opened new Cornerstone Total Return Fund positions in Q4 2017 and 8 closed out, a net change of -1 holder.
  • The largest Cornerstone Total Return Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $2.61M added.
  • The largest Cornerstone Total Return Fund seller in Q4 2017 was Weiss Asset Management, an estimated $4.28M sold.

Based on aggregated 13F filings for Q4 2017.