SRH Total Return Fund
STEW
95 hedge funds and large institutions have $183M invested in SRH Total Return Fund in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
10% more capital invested
Capital invested by funds: $167M → $183M (+$15.9M)
9% more funds holding
Funds holding: 87 → 95 (+8)
0.12% more ownership
Funds ownership: 15.44% → 15.56% (+0.12%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$7M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$3.99M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$614K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$546K |
| 5 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$459K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.3M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.93M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.82M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$1.53M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$71K | -7,000 | Closed |
|
|
NFG
102
Next Financial Group
Houston,
Texas
| – | -$13K | -1,263 | Closed |
|
STEW Hedge Fund Activity: Q4 2017 in Review
95 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q4 2017, worth a combined $183M — up 9.5% from $167M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STEW positions and 8 closed out — a net gain of 8 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was B. Riley Wealth Advisors, adding an estimated $7M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.3M.
- 95 institutional investors held SRH Total Return Fund (STEW) as of Q4 2017, up from 87 in Q3 2017.
- Funds reported $183M of SRH Total Return Fund stock for Q4 2017, up 9.5% quarter-over-quarter.
- 16 funds opened new SRH Total Return Fund positions in Q4 2017 and 8 closed out, a net change of +8 holders.
- The largest SRH Total Return Fund buyer in Q4 2017 was B. Riley Wealth Advisors, an estimated $7M added.
- The largest SRH Total Return Fund seller in Q4 2017 was Rivernorth Capital Management, an estimated $4.3M sold.
Based on aggregated 13F filings for Q4 2017.