Destra Multi-Alternative Fund
21 hedge funds and large institutions have $28.5M invested in Destra Multi-Alternative Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
10% more capital invested
Capital invested by funds: $25.9M → $28.5M (+$2.6M)
5% more funds holding
Funds holding: 20 → 21 (+1)
2.68% more ownership
Funds ownership: 48.39% → 51.07% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$1.22M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.14M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$788K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$592K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$525K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.59M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$299K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$89.4K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$35.5K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$34.6K |
DMA Hedge Fund Activity: Q4 2023 in Review
21 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q4 2023, worth a combined $28.5M — up 10% from $25.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DMA positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Marex Group, opening a new position worth an estimated $1.22M. The largest seller was LPL Financial, cutting an estimated $3.59M.
- 21 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q4 2023, up from 20 in Q3 2023.
- Funds reported $28.5M of Destra Multi-Alternative Fund stock for Q4 2023, up 10% quarter-over-quarter.
- 3 funds opened new Destra Multi-Alternative Fund positions in Q4 2023 and 2 closed out, a net change of +1 holder.
- The largest Destra Multi-Alternative Fund buyer in Q4 2023 was Marex Group, an estimated $1.22M added.
- The largest Destra Multi-Alternative Fund seller in Q4 2023 was LPL Financial, an estimated $3.59M sold.
Based on aggregated 13F filings for Q4 2023.