Cornerstone Total Return Fund
CRF
27 hedge funds and large institutions have $17.7M invested in Cornerstone Total Return Fund in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
2.82% less ownership
Funds ownership: 7.1% → 4.29% (-2.8%)
25% less funds holding
Funds holding: 36 → 27 (-9)
35% less capital invested
Capital invested by funds: $27.1M → $17.7M (-$9.39M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$818K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$93.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$58.6K |
| 4 |
FFG
Ford Financial Group
Fresno,
California
|
+$54.5K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.91M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.87M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.24M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.1M |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$230K |
CRF Hedge Fund Activity: Q3 2020 in Review
27 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2020, worth a combined $17.7M — down 35% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CRF and 0 opened new positions — a net loss of 9 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Osaic Holdings, adding an estimated $818K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.91M sold.
- 27 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2020, down from 36 in Q2 2020.
- Funds reported $17.7M of Cornerstone Total Return Fund stock for Q3 2020, down 35% quarter-over-quarter.
- 0 funds opened new Cornerstone Total Return Fund positions in Q3 2020 and 9 closed out, a net change of -9 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2020 was Osaic Holdings, an estimated $818K added.
- The largest Cornerstone Total Return Fund seller in Q3 2020 was Sit Investment Associates, an estimated $3.91M sold.
Based on aggregated 13F filings for Q3 2020.