Cornerstone Total Return Fund
CRF
29 hedge funds and large institutions have $67.5M 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.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 30 → 29 (-1)
4.42% less ownership
Funds ownership: 38.53% → 34.11% (-4.4%)
8% less capital invested
Capital invested by funds: $73M → $67.5M (-$5.47M)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.61M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.5M |
| 3 |
Walleye Trading
New York
|
+$1.5M |
| 4 |
Millennium Management
New York
|
+$904K |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.28M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.35M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$2.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.73M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.26M |
CRF Hedge Fund Activity: Q4 2017 in Review
29 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2017, worth a combined $67.5M — down 7.5% from $73M 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 $67.5M of Cornerstone Total Return Fund stock for Q4 2017, down 7.5% 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.