SRH Total Return Fund
STEW
97 hedge funds and large institutions have $131M invested in SRH Total Return Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 13 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
3% more capital invested
Capital invested by funds: $127M → $131M (+$3.72M)
0.06% more ownership
Funds ownership: 13.4% → 13.45% (+0.06%)
3% less funds holding
Funds holding: 100 → 97 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.68M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.55M |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
+$1.18M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.09M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$840K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.2M |
| 2 |
Morgan Stanley
New York
|
-$1.82M |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.59M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$866K |
| 5 |
Goldman Sachs
New York
|
-$585K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
101
Bay Colony Advisors
Concord,
Massachusetts
| – | -$163K | -17,703 | Closed |
|
|
FAIM
102
Financial Advocates Investment Management
Olympia,
Washington
| – | -$129K | -14,056 | Closed |
|
|
WT
103
Whittier Trust
South Pasadena,
California
| – | -$125K | -13,534 | Closed |
|
104
LPL Financial
San Diego,
California
| – | -$109K | -11,839 | Closed |
|
|
VWM
105
Vigilare Wealth Management
Scottsdale,
Arizona
| – | -$102K | -11,120 | Closed |
|
106
Geode Capital Management
Boston,
Massachusetts
| – | -$99K | -10,845 | Closed |
|
|
SSB
107
Sandy Spring Bank
Olney,
Maryland
| – | -$37K | -4,000 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$12K | -1,286 | Closed |
|
109
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | +100% |
|
STEW Hedge Fund Activity: Q2 2020 in Review
97 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q2 2020, worth a combined $131M — up 2.9% from $127M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of STEW and 10 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Shaker Financial Services, adding an estimated $2.68M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.2M.
- 97 institutional investors held SRH Total Return Fund (STEW) as of Q2 2020, down from 100 in Q1 2020.
- Funds reported $131M of SRH Total Return Fund stock for Q2 2020, up 2.9% quarter-over-quarter.
- 10 funds opened new SRH Total Return Fund positions in Q2 2020 and 13 closed out, a net change of -3 holders.
- The largest SRH Total Return Fund buyer in Q2 2020 was Shaker Financial Services, an estimated $2.68M added.
- The largest SRH Total Return Fund seller in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $2.2M sold.
Based on aggregated 13F filings for Q2 2020.