SRH Total Return Fund
STEW
99 hedge funds and large institutions have $163M invested in SRH Total Return Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
5% more funds holding
Funds holding: 94 → 99 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.49% less ownership
Funds ownership: 15.26% → 14.76% (-0.49%)
10% less capital invested
Capital invested by funds: $181M → $163M (-$17.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.83M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.91M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.54M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.17M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$7.82M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.88M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.83M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$665K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$607K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NMC
101
Nine Masts Capital
Central,
Hong Kong
| – | -$589K | -52,524 | Closed |
|
|
CAN
102
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$313K | -27,956 | Closed |
|
|
GC
103
Guggenheim Capital
Chicago,
Illinois
| – | -$223K | -19,932 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$170K | -15,189 | Closed |
|
|
KLI
105
Kelman-Lazarov Inc
Memphis,
Tennessee
| – | -$113K | -10,093 | Closed |
|
106
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$35K | -3,121 | Closed |
|
|
SPIA
107
Steward Partners Investment Advisory
New York
| – | -$35K | -3,118 | Closed |
|
|
MCM
108
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$27K | -2,439 | Closed |
|
|
JC
109
JBF Capital
Aspen,
Colorado
| – | -$13K | -1,200 | Closed |
|
|
MWPCG
110
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
| – | -$4K | -400 | Closed |
|
|
SF
111
Synovus Financial
Columbus,
Georgia
| – | -$1K | -84 | Closed |
|
STEW Hedge Fund Activity: Q4 2018 in Review
99 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q4 2018, worth a combined $163M — down 9.7% from $181M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new STEW positions and 13 closed out — a net gain of 6 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $2.83M. The largest seller was Shaker Financial Services, cutting an estimated $7.82M.
- 99 institutional investors held SRH Total Return Fund (STEW) as of Q4 2018, up from 94 in Q3 2018.
- Funds reported $163M of SRH Total Return Fund stock for Q4 2018, down 9.7% quarter-over-quarter.
- 19 funds opened new SRH Total Return Fund positions in Q4 2018 and 13 closed out, a net change of +6 holders.
- The largest SRH Total Return Fund buyer in Q4 2018 was Bulldog Investors, an estimated $2.83M added.
- The largest SRH Total Return Fund seller in Q4 2018 was Shaker Financial Services, an estimated $7.82M sold.
Based on aggregated 13F filings for Q4 2018.