Destra Multi-Alternative Fund
DMA
16 hedge funds and large institutions have $15.4M invested in Destra Multi-Alternative Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 0 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
23% more funds holding
Funds holding: 13 → 16 (+3)
10% more capital invested
Capital invested by funds: $14M → $15.4M (+$1.36M)
8.29% more ownership
Funds ownership: 26.06% → 34.35% (+8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.85M |
| 2 |
LPL Financial
San Diego,
California
|
+$899K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$252K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$75.4K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$66.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$33.1K |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.19K |
| 3 |
BCMLT
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
|
-$1.06K |
DMA Hedge Fund Activity: Q2 2023 in Review
16 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q2 2023, worth a combined $15.4M — up 9.7% from $14M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DMA positions and 0 closed out — a net gain of 3 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $2.85M. The largest seller was Chicago Partners Investment Group, cutting an estimated $33.1K.
- 16 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q2 2023, up from 13 in Q1 2023.
- Funds reported $15.4M of Destra Multi-Alternative Fund stock for Q2 2023, up 9.7% quarter-over-quarter.
- 3 funds opened new Destra Multi-Alternative Fund positions in Q2 2023 and 0 closed out, a net change of +3 holders.
- The largest Destra Multi-Alternative Fund buyer in Q2 2023 was Thomas J. Herzfeld Advisors, an estimated $2.85M added.
- The largest Destra Multi-Alternative Fund seller in Q2 2023 was Chicago Partners Investment Group, an estimated $33.1K sold.
Based on aggregated 13F filings for Q2 2023.