Destra Multi-Alternative Fund
DMA
13 hedge funds and large institutions have $14M invested in Destra Multi-Alternative Fund in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
3.28% more ownership
Funds ownership: 22.77% → 26.06% (+3.3%)
1% more capital invested
Capital invested by funds: $13.9M → $14M (+$114K)
19% less funds holding
Funds holding: 16 → 13 (-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
|
+$1.13M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$325K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$303K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$297K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$213K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$94K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$50.4K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$18.2K |
| 5 |
CSB
City State Bank
Norwalk,
Iowa
|
-$4K |
DMA Hedge Fund Activity: Q1 2023 in Review
13 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q1 2023, worth a combined $14M — up 0.82% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMA and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $1.13M. The largest seller was Bulldog Investors, cutting an estimated $213K.
- 13 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q1 2023, down from 16 in Q4 2022.
- Funds reported $14M of Destra Multi-Alternative Fund stock for Q1 2023, up 0.82% quarter-over-quarter.
- 1 fund opened new Destra Multi-Alternative Fund positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Destra Multi-Alternative Fund buyer in Q1 2023 was LPL Financial, an estimated $1.13M added.
- The largest Destra Multi-Alternative Fund seller in Q1 2023 was Bulldog Investors, an estimated $213K sold.
Based on aggregated 13F filings for Q1 2023.