SRH Total Return Fund
STEW
92 hedge funds and large institutions have $162M invested in SRH Total Return Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 29 reducing their positions, and 16 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 29
1% less capital invested
Capital invested by funds: $163M → $162M (-$1.1M)
0.72% less ownership
Funds ownership: 14.41% → 13.69% (-0.72%)
11% less funds holding
Funds holding: 103 → 92 (-11)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.57M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.33M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$864K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.54M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.69M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.33M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.29M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$900K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Empirical Wealth Management
Seattle,
Washington
| – | -$113K | -10,077 | Closed |
|
|
WAP
102
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$25K | -2,212 | Closed |
|
|
RIA
103
Realta Investment Advisors
Wilmington,
Delaware
| – | -$16K | -1,400 | Closed |
|
|
TFA
104
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$15K | -1,289 | Closed |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -1,150 | Closed |
|
|
JFA
106
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$6K | -500 | Closed |
|
STEW Hedge Fund Activity: Q3 2019 in Review
92 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q3 2019, worth a combined $162M — down 0.67% from $163M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of STEW and 5 opened new positions — a net loss of 11 holders — while 29 trimmed existing stakes and 34 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.57M. The largest seller was Raymond James & Associates, cutting an estimated $7.54M.
- 92 institutional investors held SRH Total Return Fund (STEW) as of Q3 2019, down from 103 in Q2 2019.
- Funds reported $162M of SRH Total Return Fund stock for Q3 2019, down 0.67% quarter-over-quarter.
- 5 funds opened new SRH Total Return Fund positions in Q3 2019 and 16 closed out, a net change of -11 holders.
- The largest SRH Total Return Fund buyer in Q3 2019 was Shaker Financial Services, an estimated $2.57M added.
- The largest SRH Total Return Fund seller in Q3 2019 was Raymond James & Associates, an estimated $7.54M sold.
Based on aggregated 13F filings for Q3 2019.