Cutwater Select Income Fund
CSI
CSI was delisted on the 28th of December, 2016.
34 hedge funds and large institutions have $45.7M invested in Cutwater Select Income Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
13% more funds holding
Funds holding: 30 → 34 (+4)
7% less capital invested
Capital invested by funds: $49.4M → $45.7M (-$3.65M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.03M |
| 2 |
LPL Financial
San Diego,
California
|
+$944K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$382K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$209K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.58M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$888K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$788K |
| 4 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
-$236K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$60.9K |
CSI Hedge Fund Activity: Q4 2015 in Review
34 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Cutwater Select Income Fund (CSI) for Q4 2015, worth a combined $45.7M — down 7.4% from $49.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CSI positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.03M. The largest seller was Karpus Investment Management, cutting an estimated $5.58M.
- 34 institutional investors held Cutwater Select Income Fund (CSI) as of Q4 2015, up from 30 in Q3 2015.
- Funds reported $45.7M of Cutwater Select Income Fund stock for Q4 2015, down 7.4% quarter-over-quarter.
- 5 funds opened new Cutwater Select Income Fund positions in Q4 2015 and 1 closed out, a net change of +4 holders.
- The largest Cutwater Select Income Fund buyer in Q4 2015 was Sit Investment Associates, an estimated $4.03M added.
- The largest Cutwater Select Income Fund seller in Q4 2015 was Karpus Investment Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q4 2015.