Herzfeld Credit Income Fund
HERZ
21 hedge funds and large institutions have $6.23M invested in Herzfeld Credit Income Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1.61% more ownership
Funds ownership: 27.68% → 29.29% (+1.6%)
5% less funds holding
Funds holding: 22 → 21 (-1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
45% less capital invested
Capital invested by funds: $11.2M → $6.23M (-$5.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$665K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$628K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$90.2K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$63.6K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$34.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$389K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$214K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$192K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$137K |
| 5 |
CC
Centiva Capital
New York
|
-$43.5K |
HERZ Hedge Fund Activity: Q1 2020 in Review
21 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2020, worth a combined $6.23M — down 45% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERZ positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Matisse Capital, opening a new position worth an estimated $665K. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $389K sold.
- 21 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $6.23M of Herzfeld Credit Income Fund stock for Q1 2020, down 45% quarter-over-quarter.
- 4 funds opened new Herzfeld Credit Income Fund positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Herzfeld Credit Income Fund buyer in Q1 2020 was Matisse Capital, an estimated $665K added.
- The largest Herzfeld Credit Income Fund seller in Q1 2020 was Cornerstone Advisors, an estimated $389K sold.
Based on aggregated 13F filings for Q1 2020.