SRH Total Return Fund
STEW
35 hedge funds and large institutions have $53.4M invested in SRH Total Return Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $44.7M → $53.4M (+$8.78M)
3.97% more ownership
Funds ownership: 21.79% → 25.76% (+4%)
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.91M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.18M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$448K |
| 4 |
AIG
American International Group
New York
|
+$307K |
| 5 |
Morgan Stanley
New York
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$307K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$254K |
| 3 |
LPL Financial
San Diego,
California
|
-$127K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$53.4K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$19.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $176K | – | – | – |
|
|
SKK
27
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $116K | – | – | – |
|
|
28
LPL Financial
San Diego,
California
| $108K | -$127K | -16,174 | -55% |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $104K | -$19.9K | -2,532 | -16% |
|
30
Commonwealth Equity Services
Waltham,
Massachusetts
| $93K | +$849 | +108 | +1% |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $33K | -$11K | -1,403 | -26% |
|
|
EWM
32
Evercore Wealth Management
New York
| $24K | – | – | – |
|
|
S
33
SignatureFD
Atlanta,
Georgia
| $24K | +$23.6K | +3,000 | New |
|
34
Citigroup
New York
| $20K | +$18K | +2,287 | +2,242% |
|
|
DADC
35
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
|
36
Bank of America
Charlotte,
North Carolina
| – | -$254K | -31,545 | Closed |
|
|
WEC
37
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -281 | Closed |
|
38
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -125 | Closed |
|
STEW Hedge Fund Activity: Q1 2014 in Review
35 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2014, worth a combined $53.4M — up 20% from $44.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new STEW positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $4.91M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $307K.
- 35 institutional investors held SRH Total Return Fund (STEW) as of Q1 2014, up from 34 in Q4 2013.
- Funds reported $53.4M of SRH Total Return Fund stock for Q1 2014, up 20% quarter-over-quarter.
- 4 funds opened new SRH Total Return Fund positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest SRH Total Return Fund buyer in Q1 2014 was Raymond James & Associates, an estimated $4.91M added.
- The largest SRH Total Return Fund seller in Q1 2014 was BNP Paribas Financial Markets, an estimated $307K sold.
Based on aggregated 13F filings for Q1 2014.