Cornerstone Total Return Fund
CRF
39 hedge funds and large institutions have $32.7M invested in Cornerstone Total Return Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3% less funds holding
Funds holding: 40 → 39 (-1)
5.43% less ownership
Funds ownership: 11.74% → 6.31% (-5.4%)
40% less capital invested
Capital invested by funds: $55M → $32.7M (-$22.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$841K |
| 2 |
LPL Financial
San Diego,
California
|
+$624K |
| 3 |
VF
Virtu Financial
New York
|
+$365K |
| 4 |
Morgan Stanley
New York
|
+$294K |
| 5 |
SG
StoneX Group
New York
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$23.8M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.38M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.08M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$984K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$190K |
CRF Hedge Fund Activity: Q4 2021 in Review
39 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2021, worth a combined $32.7M — down 40% from $55M a quarter earlier.
Fund positioning in CRF was balanced in Q4 2021: 11 funds opened new positions, 11 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $841K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $23.8M sold.
- 39 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2021, down from 40 in Q3 2021.
- Funds reported $32.7M of Cornerstone Total Return Fund stock for Q4 2021, down 40% quarter-over-quarter.
- 11 funds opened new Cornerstone Total Return Fund positions in Q4 2021 and 11 closed out, a net change of 0 holders.
- The largest Cornerstone Total Return Fund buyer in Q4 2021 was Commonwealth Equity Services, an estimated $841K added.
- The largest Cornerstone Total Return Fund seller in Q4 2021 was Sit Investment Associates, an estimated $23.8M sold.
Based on aggregated 13F filings for Q4 2021.