Destra Multi-Alternative Fund
23 hedge funds and large institutions have $41M invested in Destra Multi-Alternative Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
10% more funds holding
Funds holding: 21 → 23 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.98% less ownership
Funds ownership: 57.93% → 53.95% (-4%)
7% less capital invested
Capital invested by funds: $43.9M → $41M (-$2.94M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
+$576K |
| 2 |
Capstone Investment Advisors
New York
|
+$395K |
| 3 |
NAS
NWF Advisory Services
Los Angeles,
California
|
+$122K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$92.5K |
| 5 |
WCG
Weaver Consulting Group
Huntington Beach,
California
|
+$64.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.43M |
| 2 |
MG
Marex Group
London,
|
-$1.42M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$676K |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$425K |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
-$221K |
DMA Hedge Fund Activity: Q1 2025 in Review
23 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Destra Multi-Alternative Fund (DMA) for Q1 2025, worth a combined $41M — down 6.7% from $43.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DMA positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Noble Wealth Management PBC, opening a new position worth an estimated $576K. The largest seller was Almitas Capital, cutting an estimated $1.43M.
- 23 institutional investors held Destra Multi-Alternative Fund (DMA) as of Q1 2025, up from 21 in Q4 2024.
- Funds reported $41M of Destra Multi-Alternative Fund stock for Q1 2025, down 6.7% quarter-over-quarter.
- 3 funds opened new Destra Multi-Alternative Fund positions in Q1 2025 and 1 closed out, a net change of +2 holders.
- The largest Destra Multi-Alternative Fund buyer in Q1 2025 was Noble Wealth Management PBC, an estimated $576K added.
- The largest Destra Multi-Alternative Fund seller in Q1 2025 was Almitas Capital, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2025.