Cutwater Select Income Fund
CSI
CSI was delisted on the 28th of December, 2016.
33 hedge funds and large institutions have $61M invested in Cutwater Select Income Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 4 closing their positions.
3% more capital invested
Capital invested by funds: $59.4M → $61M (+$1.53M)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.63M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$469K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$257K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$90.6K |
| 5 |
WA
WealthTrust Axiom
Wayne,
Pennsylvania
|
+$78.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$779K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$730K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$551K |
| 4 |
Morgan Stanley
New York
|
-$439K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$382K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $60K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $53K | +$41.3K | +2,109 | +422% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $50K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $40K | – | – | – |
|
|
AIG
30
American International Group
New York
| $13.8K | – | – | – |
|
|
RFA
31
Reilly Financial Advisors
La Mesa,
California
| $6K | – | – | – |
|
|
GSC
32
Ground Swell Capital
Folly Beach,
South Carolina
| $4K | +$3.92K | +200 | New |
|
|
DADC
33
D.A. Davidson & Co
Great Falls,
Montana
| $2K | – | – | – |
|
|
SCM
34
Saba Capital Management
New York
| – | -$201K | -10,337 | Closed |
|
35
AllianceBernstein
Nashville,
Tennessee
| – | -$88K | -4,533 | Closed |
|
|
PSI
36
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$35K | -1,778 | Closed |
|
|
NES
37
New England Securities
New York
| – | -$4K | -223 | Closed |
|
CSI Hedge Fund Activity: Q2 2014 in Review
33 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Cutwater Select Income Fund (CSI) for Q2 2014, worth a combined $61M — up 2.6% from $59.4M a quarter earlier.
Fund positioning in CSI was balanced in Q2 2014: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 12 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.63M. The largest seller was Wells Fargo, cutting an estimated $779K.
- 33 institutional investors held Cutwater Select Income Fund (CSI) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $61M of Cutwater Select Income Fund stock for Q2 2014, up 2.6% quarter-over-quarter.
- 4 funds opened new Cutwater Select Income Fund positions in Q2 2014 and 4 closed out, a net change of 0 holders.
- The largest Cutwater Select Income Fund buyer in Q2 2014 was 1607 Capital Partners, an estimated $1.63M added.
- The largest Cutwater Select Income Fund seller in Q2 2014 was Wells Fargo, an estimated $779K sold.
Based on aggregated 13F filings for Q2 2014.