SRH Total Return Fund
STEW
99 hedge funds and large institutions have $172M invested in SRH Total Return Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
78% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 23
8% more funds holding
Funds holding: 92 → 99 (+7)
6% more capital invested
Capital invested by funds: $162M → $172M (+$9.45M)
0.44% more ownership
Funds ownership: 13.69% → 14.13% (+0.44%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.6M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$1.71M |
| 3 |
Morgan Stanley
New York
|
+$1.24M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$924K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.69M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.59M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.64M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$502K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
101
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$40K | -3,598 | Closed |
|
|
SIS
102
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$11K | -1,000 | Closed |
|
103
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | +100% |
|
STEW Hedge Fund Activity: Q4 2019 in Review
99 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q4 2019, worth a combined $172M — up 5.8% from $162M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new STEW positions and 5 closed out — a net gain of 8 holders — while 41 added to existing stakes and 23 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.6M. The largest seller was Raymond James & Associates, cutting an estimated $3.69M.
- 99 institutional investors held SRH Total Return Fund (STEW) as of Q4 2019, up from 92 in Q3 2019.
- Funds reported $172M of SRH Total Return Fund stock for Q4 2019, up 5.8% quarter-over-quarter.
- 13 funds opened new SRH Total Return Fund positions in Q4 2019 and 5 closed out, a net change of +8 holders.
- The largest SRH Total Return Fund buyer in Q4 2019 was Parametric Portfolio Associates, an estimated $2.6M added.
- The largest SRH Total Return Fund seller in Q4 2019 was Raymond James & Associates, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2019.