SRH Total Return Fund
STEW
103 hedge funds and large institutions have $163M invested in SRH Total Return Fund in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
10% more funds holding
Funds holding: 94 → 103 (+9)
0.19% less ownership
Funds ownership: 14.6% → 14.41% (-0.19%)
2% less capital invested
Capital invested by funds: $166M → $163M (-$3.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.49M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 3 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$821K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$789K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$551K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.05M |
| 2 |
Morgan Stanley
New York
|
-$749K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$651K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$432K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$359K |
STEW Hedge Fund Activity: Q2 2019 in Review
103 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q2 2019, worth a combined $163M — down 1.8% from $166M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new STEW positions and 7 closed out — a net gain of 10 holders — while 36 added to existing stakes and 32 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.49M. The largest seller was Raymond James & Associates, cutting an estimated $6.05M.
- 103 institutional investors held SRH Total Return Fund (STEW) as of Q2 2019, up from 94 in Q1 2019.
- Funds reported $163M of SRH Total Return Fund stock for Q2 2019, down 1.8% quarter-over-quarter.
- 17 funds opened new SRH Total Return Fund positions in Q2 2019 and 7 closed out, a net change of +10 holders.
- The largest SRH Total Return Fund buyer in Q2 2019 was Wolverine Asset Management, an estimated $1.49M added.
- The largest SRH Total Return Fund seller in Q2 2019 was Raymond James & Associates, an estimated $6.05M sold.
Based on aggregated 13F filings for Q2 2019.