SRH Total Return Fund
STEW
75 hedge funds and large institutions have $210M invested in SRH Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
11% more capital invested
Capital invested by funds: $188M → $210M (+$21.6M)
7% more funds holding
Funds holding: 70 → 75 (+5)
2.74% more ownership
Funds ownership: 22.46% → 25.2% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$21.9M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$2.05M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.9M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$924K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$816K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$4.16M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.46M |
| 4 |
Goldman Sachs
New York
|
-$892K |
| 5 |
Morgan Stanley
New York
|
-$700K |
STEW Hedge Fund Activity: Q1 2016 in Review
75 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2016, worth a combined $210M — up 11% from $188M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new STEW positions and 7 closed out — a net gain of 5 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $21.9M. The largest seller was Bulldog Investors, cutting an estimated $4.16M.
- 75 institutional investors held SRH Total Return Fund (STEW) as of Q1 2016, up from 70 in Q4 2015.
- Funds reported $210M of SRH Total Return Fund stock for Q1 2016, up 11% quarter-over-quarter.
- 12 funds opened new SRH Total Return Fund positions in Q1 2016 and 7 closed out, a net change of +5 holders.
- The largest SRH Total Return Fund buyer in Q1 2016 was Lazard Asset Management, an estimated $21.9M added.
- The largest SRH Total Return Fund seller in Q1 2016 was Bulldog Investors, an estimated $4.16M sold.
Based on aggregated 13F filings for Q1 2016.