Destra Multi-Alternative Fund
18 hedge funds and large institutions have $42.3M invested in Destra Multi-Alternative Fund in 2024 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $42.8M → $42.3M (-$459K)
4.79% less ownership
Funds ownership: 59.28% → 54.49% (-4.8%)
18% less funds holding
Funds holding: 22 → 18 (-4)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.96M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$796K |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$303K |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$13.5K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$9.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$3.48M |
| 2 |
MG
Marex Group
London,
|
-$1.76M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.73M |
| 4 |
FM
Family Management
New York
|
-$504K |
| 5 |
Morgan Stanley
New York
|
-$500K |
DMA Hedge Fund Activity: Q3 2024 in Review
18 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q3 2024, worth a combined $42.3M — down 1.1% from $42.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMA and 0 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Saba Capital Management, adding an estimated $3.96M. The largest seller was Atlas Wealth, exiting entirely with an estimated $3.48M sold.
- 18 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q3 2024, down from 22 in Q2 2024.
- Funds reported $42.3M of Destra Multi-Alternative Fund stock for Q3 2024, down 1.1% quarter-over-quarter.
- 0 funds opened new Destra Multi-Alternative Fund positions in Q3 2024 and 4 closed out, a net change of -4 holders.
- The largest Destra Multi-Alternative Fund buyer in Q3 2024 was Saba Capital Management, an estimated $3.96M added.
- The largest Destra Multi-Alternative Fund seller in Q3 2024 was Atlas Wealth, an estimated $3.48M sold.
Based on aggregated 13F filings for Q3 2024.