SRH Total Return Fund
STEW
35 hedge funds and large institutions have $59.6M invested in SRH Total Return Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 2 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
11% more capital invested
Capital invested by funds: $53.4M → $59.6M (+$6.14M)
1.25% more ownership
Funds ownership: 25.76% → 27.01% (+1.2%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.86M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.18M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$903K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$440K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MM
Midas Management
New York
|
-$1.51M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$318K |
| 3 |
Goldman Sachs
New York
|
-$298K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$93K |
| 5 |
Citigroup
New York
|
-$19.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SKK
26
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $121K | – | – | – |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $118K | +$8.75K | +1,052 | +8% |
|
|
COLIM
28
City of London Investment Management
London,
United Kingdom
| $107K | +$105K | +12,600 | New |
|
29
LPL Financial
San Diego,
California
| $104K | -$8.32K | -1,000 | -8% |
|
|
TC
30
TFS Capital
West Chester,
Pennsylvania
| $92K | -$318K | -38,220 | -78% |
|
|
EWM
31
Evercore Wealth Management
New York
| $26K | – | – | – |
|
|
S
32
SignatureFD
Atlanta,
Georgia
| $26K | – | – | – |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | -$13.3K | -1,597 | -39% |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| $13K | – | – | – |
|
|
35
Citigroup
New York
| $1K | -$19.3K | -2,323 | -97% |
|
|
MM
36
Midas Management
New York
| – | -$1.51M | -185,383 | Closed |
|
|
37
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$93K | -11,385 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | +$42 | +5 | New |
|
STEW Hedge Fund Activity: Q2 2014 in Review
35 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q2 2014, worth a combined $59.6M — up 11% from $53.4M a quarter earlier.
Fund positioning in STEW was balanced in Q2 2014: 2 funds opened new positions, 2 closed out, 16 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.86M. The largest seller was Midas Management, exiting entirely with an estimated $1.51M sold.
- 35 institutional investors held SRH Total Return Fund (STEW) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $59.6M of SRH Total Return Fund stock for Q2 2014, up 11% quarter-over-quarter.
- 2 funds opened new SRH Total Return Fund positions in Q2 2014 and 2 closed out, a net change of 0 holders.
- The largest SRH Total Return Fund buyer in Q2 2014 was Raymond James & Associates, an estimated $1.86M added.
- The largest SRH Total Return Fund seller in Q2 2014 was Midas Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2014.