SRH Total Return Fund
STEW
106 hedge funds and large institutions have $220M invested in SRH Total Return Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 9 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
4.48% less ownership
Funds ownership: 19.55% → 15.07% (-4.5%)
5% less funds holding
Funds holding: 111 → 106 (-5)
17% less capital invested
Capital invested by funds: $264M → $220M (-$44.1M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.46M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.53M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.27M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.26M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$936K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$61.3M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.87M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.44M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.91M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.67M |
STEW Hedge Fund Activity: Q1 2024 in Review
106 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2024, worth a combined $220M — down 17% from $264M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of STEW and 7 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 37 added.
The largest buyer was 1607 Capital Partners, adding an estimated $3.46M. The largest seller was Morgan Stanley, cutting an estimated $61.3M.
- 106 institutional investors held SRH Total Return Fund (STEW) as of Q1 2024, down from 111 in Q4 2023.
- Funds reported $220M of SRH Total Return Fund stock for Q1 2024, down 17% quarter-over-quarter.
- 7 funds opened new SRH Total Return Fund positions in Q1 2024 and 9 closed out, a net change of -2 holders.
- The largest SRH Total Return Fund buyer in Q1 2024 was 1607 Capital Partners, an estimated $3.46M added.
- The largest SRH Total Return Fund seller in Q1 2024 was Morgan Stanley, an estimated $61.3M sold.
Based on aggregated 13F filings for Q1 2024.