Destra Multi-Alternative Fund
DMA
16 hedge funds and large institutions have $13.9M invested in Destra Multi-Alternative Fund in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
33% more capital invested
Capital invested by funds: $10.5M → $13.9M (+$3.47M)
4.79% more ownership
Funds ownership: 17.98% → 22.77% (+4.8%)
16% less funds holding
Funds holding: 19 → 16 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.54M |
| 2 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$183K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$127K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$103K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$69.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$126K |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$84K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$21.4K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$8.67K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
DMA Hedge Fund Activity: Q4 2022 in Review
16 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q4 2022, worth a combined $13.9M — up 33% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMA and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 6 added.
The largest buyer was LPL Financial, adding an estimated $2.54M. The largest seller was Citadel Advisors, exiting entirely with an estimated $126K sold.
- 16 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q4 2022, down from 19 in Q3 2022.
- Funds reported $13.9M of Destra Multi-Alternative Fund stock for Q4 2022, up 33% quarter-over-quarter.
- 1 fund opened new Destra Multi-Alternative Fund positions in Q4 2022 and 4 closed out, a net change of -3 holders.
- The largest Destra Multi-Alternative Fund buyer in Q4 2022 was LPL Financial, an estimated $2.54M added.
- The largest Destra Multi-Alternative Fund seller in Q4 2022 was Citadel Advisors, an estimated $126K sold.
Based on aggregated 13F filings for Q4 2022.