Cutwater Select Income Fund
CSI
CSI was delisted on the 28th of December, 2016.
34 hedge funds and large institutions have $46.9M invested in Cutwater Select Income Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 0 closing their positions.
3% more funds holding
Funds holding: 33 → 34 (+1)
9% less capital invested
Capital invested by funds: $51.3M → $46.9M (-$4.37M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.86M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$385K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$65K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$49.4K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$39.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.42M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$354K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$257K |
| 4 |
Morgan Stanley
New York
|
-$44.1K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$38.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $24K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
AIG
28
American International Group
New York
| $9.18K | – | – | – |
|
|
BKA
29
Brick & Kyle Associates
Newtown,
Pennsylvania
| $9K | – | – | – |
|
|
SC
30
Searle & Co
Greenwich,
Connecticut
| $8K | – | – | – |
|
|
GI
31
Gradient Investments
Arden Hills,
Minnesota
| $7K | +$7.74K | +400 | New |
|
|
RFA
32
Reilly Financial Advisors
La Mesa,
California
| $6K | – | – | – |
|
33
Barclays
London,
United Kingdom
| $2K | -$2.05K | -106 | -53% |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| $2K | – | – | – |
|
CSI Hedge Fund Activity: Q2 2015 in Review
34 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Cutwater Select Income Fund (CSI) for Q2 2015, worth a combined $46.9M — down 8.5% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CSI positions and 0 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.86M. The largest seller was Karpus Investment Management, cutting an estimated $1.42M.
- 34 institutional investors held Cutwater Select Income Fund (CSI) as of Q2 2015, up from 33 in Q1 2015.
- Funds reported $46.9M of Cutwater Select Income Fund stock for Q2 2015, down 8.5% quarter-over-quarter.
- 3 funds opened new Cutwater Select Income Fund positions in Q2 2015 and 0 closed out, a net change of +3 holders.
- The largest Cutwater Select Income Fund buyer in Q2 2015 was Wells Fargo, an estimated $1.86M added.
- The largest Cutwater Select Income Fund seller in Q2 2015 was Karpus Investment Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2015.