SRH Total Return Fund
STEW
100 hedge funds and large institutions have $127M invested in SRH Total Return Fund in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 42 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
1% more funds holding
Funds holding: 99 → 100 (+1)
0.73% less ownership
Funds ownership: 14.13% → 13.4% (-0.73%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $172M → $127M (-$44.4M)
36% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.25M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.73M |
| 3 |
Goldman Sachs
New York
|
+$686K |
| 4 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$535K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.55M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.37M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.77M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.33M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$757K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWCA
101
J.W. Cole Advisors
Tampa,
Florida
| – | -$389K | -33,032 | Closed |
|
|
SJIC
102
St. James Investment Company
Southlake,
Texas
| – | -$339K | -28,732 | Closed |
|
|
PAG
103
Private Advisor Group
Morristown,
New Jersey
| – | -$290K | -24,650 | Closed |
|
|
RTS
104
Round Table Services
Westfield,
New Jersey
| – | -$238K | -20,200 | Closed |
|
|
SKK
105
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$137K | -11,600 | Closed |
|
|
CNB
106
Camden National Bank
Camden,
Maine
| – | -$131K | -11,090 | Closed |
|
107
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$118K | -10,000 | Closed |
|
|
PA
108
Parallel Advisors
San Francisco,
California
| – | -$85K | -7,235 | Closed |
|
|
RFM
109
Royal Fund Management
Lady Lake,
Florida
| – | -$31K | -2,701 | Closed |
|
|
CHAM
110
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$29.5K | -2,500 | Closed |
|
111
US Bancorp
Minneapolis,
Minnesota
| – | -$25K | -2,125 | Closed |
|
112
Fidelity Investments
Boston,
Massachusetts
| – | -$11 | -1 | -50% |
|
|
GSWM
113
Golden State Wealth Management
Santa Ana,
California
| – | +$270 | +25 | New |
|
STEW Hedge Fund Activity: Q1 2020 in Review
100 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2020, worth a combined $127M — down 26% from $172M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STEW positions and 13 closed out — a net gain of 3 holders — while 27 added to existing stakes and 42 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.25M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $4.55M.
- 100 institutional investors held SRH Total Return Fund (STEW) as of Q1 2020, up from 99 in Q4 2019.
- Funds reported $127M of SRH Total Return Fund stock for Q1 2020, down 26% quarter-over-quarter.
- 16 funds opened new SRH Total Return Fund positions in Q1 2020 and 13 closed out, a net change of +3 holders.
- The largest SRH Total Return Fund buyer in Q1 2020 was Parametric Portfolio Associates, an estimated $4.25M added.
- The largest SRH Total Return Fund seller in Q1 2020 was Thomas J. Herzfeld Advisors, an estimated $4.55M sold.
Based on aggregated 13F filings for Q1 2020.