Cornerstone Total Return Fund
40 hedge funds and large institutions have $55M invested in Cornerstone Total Return Fund in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 7 closing their positions.
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
8.51% less ownership
Funds ownership: 20.25% → 11.74% (-8.5%)
37% less capital invested
Capital invested by funds: $86.7M → $55M (-$31.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$768K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$523K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$135K |
| 4 |
FFG
Ford Financial Group
Fresno,
California
|
+$73.9K |
| 5 |
Morgan Stanley
New York
|
+$69.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$17.5M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$7.21M |
| 3 |
UFM
Ursa Fund Management
Danville,
California
|
-$5.26M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$3.69M |
| 5 |
PFA
Pure Financial Advisors
San Diego,
California
|
-$2.83M |
CRF Hedge Fund Activity: Q3 2021 in Review
40 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q3 2021, worth a combined $55M — down 37% from $86.7M a quarter earlier.
Fund positioning in CRF was balanced in Q3 2021: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 12 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $768K. The largest seller was Sit Investment Associates, cutting an estimated $17.5M.
- 40 institutional investors held Cornerstone Total Return Fund (CRF) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $55M of Cornerstone Total Return Fund stock for Q3 2021, down 37% quarter-over-quarter.
- 7 funds opened new Cornerstone Total Return Fund positions in Q3 2021 and 7 closed out, a net change of 0 holders.
- The largest Cornerstone Total Return Fund buyer in Q3 2021 was Royal Bank of Canada, an estimated $768K added.
- The largest Cornerstone Total Return Fund seller in Q3 2021 was Sit Investment Associates, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2021.