Cutwater Select Income Fund
CSI
CSI was delisted on the 28th of December, 2016.
37 hedge funds and large institutions have $45.1M invested in Cutwater Select Income Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
18% more capital invested
Capital invested by funds: $38.3M → $45.1M (+$6.82M)
3% more funds holding
Funds holding: 36 → 37 (+1)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.22M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.62M |
| 3 |
SCM
Saba Capital Management
New York
|
+$964K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$372K |
| 5 |
Morgan Stanley
New York
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$939K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$928K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$802K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$553K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$364K |
CSI Hedge Fund Activity: Q4 2013 in Review
37 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Cutwater Select Income Fund (CSI) for Q4 2013, worth a combined $45.1M — up 18% from $38.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CSI positions and 5 closed out — a net gain of 1 holder — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.22M. The largest seller was Doliver Advisors, exiting entirely with an estimated $939K sold.
- 37 institutional investors held Cutwater Select Income Fund (CSI) as of Q4 2013, up from 36 in Q3 2013.
- Funds reported $45.1M of Cutwater Select Income Fund stock for Q4 2013, up 18% quarter-over-quarter.
- 6 funds opened new Cutwater Select Income Fund positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest Cutwater Select Income Fund buyer in Q4 2013 was Karpus Investment Management, an estimated $7.22M added.
- The largest Cutwater Select Income Fund seller in Q4 2013 was Doliver Advisors, an estimated $939K sold.
Based on aggregated 13F filings for Q4 2013.