Destra Multi-Alternative Fund
22 hedge funds and large institutions have $42.8M invested in Destra Multi-Alternative Fund in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
15% more capital invested
Capital invested by funds: $37.1M → $42.8M (+$5.69M)
10% more funds holding
Funds holding: 20 → 22 (+2)
6.26% more ownership
Funds ownership: 53.02% → 59.28% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$3.22M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.25M |
| 3 |
SCM
Saba Capital Management
New York
|
+$375K |
| 4 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$369K |
| 5 |
MG
Marex Group
London,
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.68M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$88K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$53.5K |
| 4 |
FM
Family Management
New York
|
-$40.7K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.91K |
DMA Hedge Fund Activity: Q2 2024 in Review
22 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q2 2024, worth a combined $42.8M — up 15% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DMA positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Atlas Wealth, opening a new position worth an estimated $3.22M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $1.68M.
- 22 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q2 2024, up from 20 in Q1 2024.
- Funds reported $42.8M of Destra Multi-Alternative Fund stock for Q2 2024, up 15% quarter-over-quarter.
- 3 funds opened new Destra Multi-Alternative Fund positions in Q2 2024 and 1 closed out, a net change of +2 holders.
- The largest Destra Multi-Alternative Fund buyer in Q2 2024 was Atlas Wealth, an estimated $3.22M added.
- The largest Destra Multi-Alternative Fund seller in Q2 2024 was Thomas J. Herzfeld Advisors, an estimated $1.68M sold.
Based on aggregated 13F filings for Q2 2024.