Cutwater Select Income Fund
CSI
CSI was delisted on the 28th of December, 2016.
30 hedge funds and large institutions have $49.4M invested in Cutwater Select Income Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $46.9M → $49.4M (+$2.45M)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
12% less funds holding
Funds holding: 34 → 30 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$334K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$198K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$120K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$538K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$499K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$365K |
| 4 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
-$74.7K |
| 5 |
Morgan Stanley
New York
|
-$38.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $10K | -$32.8K | -1,741 | -76% |
|
|
AIG
27
American International Group
New York
| $10K | – | – | – |
|
|
BKA
28
Brick & Kyle Associates
Newtown,
Pennsylvania
| $10K | – | – | – |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| $6K | – | – | – |
|
|
LYV
30
Live Your Vision
West Conshohocken,
Pennsylvania
| $5K | +$4.7K | +250 | New |
|
|
PFBT
31
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $1K | – | – | – |
|
|
LCM
32
Landscape Capital Management
Englewood,
New Jersey
| – | -$365K | -19,904 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$37K | -2,019 | Closed |
|
|
SC
34
Searle & Co
Greenwich,
Connecticut
| – | -$8K | -476 | Closed |
|
|
GI
35
Gradient Investments
Arden Hills,
Minnesota
| – | -$7K | -400 | Closed |
|
|
DADC
36
D.A. Davidson & Co
Great Falls,
Montana
| – | -$2K | -135 | Closed |
|
37
Barclays
London,
United Kingdom
| – | -$2K | -94 | Closed |
|
CSI Hedge Fund Activity: Q3 2015 in Review
30 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Cutwater Select Income Fund (CSI) for Q3 2015, worth a combined $49.4M — up 5.2% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CSI and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $1.2M. The largest seller was Sit Investment Associates, cutting an estimated $538K.
- 30 institutional investors held Cutwater Select Income Fund (CSI) as of Q3 2015, down from 34 in Q2 2015.
- Funds reported $49.4M of Cutwater Select Income Fund stock for Q3 2015, up 5.2% quarter-over-quarter.
- 2 funds opened new Cutwater Select Income Fund positions in Q3 2015 and 6 closed out, a net change of -4 holders.
- The largest Cutwater Select Income Fund buyer in Q3 2015 was Wells Fargo, an estimated $1.2M added.
- The largest Cutwater Select Income Fund seller in Q3 2015 was Sit Investment Associates, an estimated $538K sold.
Based on aggregated 13F filings for Q3 2015.