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CRF

Cornerstone Total Return Fund

23 hedge funds and large institutions have $17.9M invested in Cornerstone Total Return Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

0% more funds holding

Funds holding: 2323 (0)

4.6% less ownership

Funds ownership: 10.38%5.78% (-4.6%)

48% less capital invested

Capital invested by funds: $34.4M → $17.9M (-$16.5M)

Holders
23
Holders Change
Holders Change %
0%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
6
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$10.1M -$15.5M -1,048,868 -59%
NMC
2
Nine Masts Capital
Hong Kong
$2.89M +$3.11M +210,630 New
CS
3
Credit Suisse
Switzerland
$1.72M +$1.85M +125,256 New
FFG
4
Ford Financial Group
California
$934K +$106K +7,140 +12%
YCM
5
Yakira Capital Management
Connecticut
$627K -$3.77M -254,615 -85%
Walleye Trading
6
Walleye Trading
New York
$411K -$810K -54,742 -65%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$358K
VF
8
Virtu Financial
New York
$272K +$294K +19,853 New
AG
9
Advisor Group
Arizona
$213K +$202K +13,641 +705%
Morgan Stanley
10
Morgan Stanley
New York
$141K +$19.6K +1,326 +15%
SFM
11
Signet Financial Management
New Jersey
$138K +$7.99K +540 +6%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$37K -$547 -37 -1%
APA
13
American Portfolios Advisors
New York
$28K
GWM
14
Geneos Wealth Management
Colorado
$18K +$1.06K +72 +6%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17K
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$14K +$15.1K +1,020 New
IA
17
IFP Advisors
Florida
$6K
Wells Fargo
18
Wells Fargo
California
$5K
RFM
19
Royal Fund Management
Florida
$5K +$5.4K +365 New
QCIG
20
Quad-Cities Investment Group
Iowa
$4K +$4.91K +332 New
Bank of America
21
Bank of America
North Carolina
$3K -$3.77K -255 -50%
Barclays
22
Barclays
United Kingdom
$1K
Citigroup
23
Citigroup
New York
$1K +$74 +5 +6%
PAG
24
Private Advisor Group
New Jersey
-$228K -15,412 Closed
FIM
25
Freedom Investment Management
Connecticut
-$165K -11,098 Closed

CRF Hedge Fund Activity: Q2 2018 in Review

23 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q2 2018, worth a combined $17.9M — down 48% from $34.4M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new CRF positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.

The largest buyer was Nine Masts Capital, opening a new position worth an estimated $3.11M. The largest seller was Sit Investment Associates, cutting an estimated $15.5M.

  • 23 institutional investors held Cornerstone Total Return Fund (CRF) as of Q2 2018, unchanged from Q1 2018.
  • Funds reported $17.9M of Cornerstone Total Return Fund stock for Q2 2018, down 48% quarter-over-quarter.
  • 6 funds opened new Cornerstone Total Return Fund positions in Q2 2018 and 5 closed out, a net change of +1 holder.
  • The largest Cornerstone Total Return Fund buyer in Q2 2018 was Nine Masts Capital, an estimated $3.11M added.
  • The largest Cornerstone Total Return Fund seller in Q2 2018 was Sit Investment Associates, an estimated $15.5M sold.

Based on aggregated 13F filings for Q2 2018.