SRH Total Return Fund
STEW
84 hedge funds and large institutions have $167M invested in SRH Total Return Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
8% more funds holding
Funds holding: 78 → 84 (+6)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.63% less ownership
Funds ownership: 18.57% → 16.94% (-1.6%)
5% less capital invested
Capital invested by funds: $176M → $167M (-$9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.85M |
| 2 |
Morgan Stanley
New York
|
+$2.84M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.29M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.21M |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.5M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$7.19M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.02M |
| 4 |
ST
Sentinel Trust
Houston,
Texas
|
-$1.43M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$901K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
76
Anchor Investment Management
Columbia,
South Carolina
| $29.5K | – | – | – |
|
|
GWM
77
Geneos Wealth Management
Englewood,
Colorado
| $28K | – | – | – |
|
78
AssetMark Inc
Concord,
California
| $24K | – | – | – |
|
|
SPIA
79
Steward Partners Investment Advisory
New York
| $15K | +$14.9K | +1,616 | New |
|
|
HCM
80
Highlander Capital Management
Short Hills,
New Jersey
| $14K | +$13.8K | +1,500 | New |
|
|
FWM
81
Focused Wealth Management
Newburgh,
New York
| $7K | +$74 | +8 | +1% |
|
|
LA
82
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| $5K | +$5.61K | +609 | New |
|
|
LWM
83
LBA Wealth Management
Jacksonville,
Florida
| $2K | – | – | – |
|
|
GFM
84
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$7.19M | -804,310 | Closed |
|
|
RTS
85
Round Table Services
Westfield,
New Jersey
| – | -$231K | -25,800 | Closed |
|
86
SEI Investments
Oaks,
Pennsylvania
| – | -$14.7K | -1,600 | -99% |
|
87
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -343 | Closed |
|
|
JIC
88
Joel Isaacson & Co
New York
| – | -$1K | -87 | Closed |
|
STEW Hedge Fund Activity: Q1 2017 in Review
84 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2017, worth a combined $167M — down 5.1% from $176M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new STEW positions and 4 closed out — a net gain of 7 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $2.85M. The largest seller was Karpus Investment Management, cutting an estimated $12.5M.
- 84 institutional investors held SRH Total Return Fund (STEW) as of Q1 2017, up from 78 in Q4 2016.
- Funds reported $167M of SRH Total Return Fund stock for Q1 2017, down 5.1% quarter-over-quarter.
- 11 funds opened new SRH Total Return Fund positions in Q1 2017 and 4 closed out, a net change of +7 holders.
- The largest SRH Total Return Fund buyer in Q1 2017 was MML Investors Services, an estimated $2.85M added.
- The largest SRH Total Return Fund seller in Q1 2017 was Karpus Investment Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2017.