SRH Total Return Fund
STEW
96 hedge funds and large institutions have $133M invested in SRH Total Return Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 11 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
1% more capital invested
Capital invested by funds: $131M → $133M (+$1.62M)
0.55% less ownership
Funds ownership: 13.45% → 12.9% (-0.55%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 97 → 96 (-1)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.18M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.17M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.05M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.84M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.81M |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$2.02M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.15M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$613K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Cerity Partners
New York
| – | -$99K | -10,500 | Closed |
|
102
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$19K | -2,041 | Closed |
|
|
VFA
103
Valeo Financial Advisors
Carmel,
Indiana
| – | -$11K | -1,168 | Closed |
|
|
TFA
104
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$9K | -929 | Closed |
|
|
OPS
105
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -151 | Closed |
|
|
HFA
106
High Falls Advisors
Rochester,
New York
| – | +$1.12K | +112 | +1% |
|
STEW Hedge Fund Activity: Q3 2020 in Review
96 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q3 2020, worth a combined $133M — up 1.2% from $131M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of STEW and 10 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 37 added.
The largest buyer was Morgan Stanley, adding an estimated $1.52M. The largest seller was Royal Bank of Canada, cutting an estimated $2.84M.
- 96 institutional investors held SRH Total Return Fund (STEW) as of Q3 2020, down from 97 in Q2 2020.
- Funds reported $133M of SRH Total Return Fund stock for Q3 2020, up 1.2% quarter-over-quarter.
- 10 funds opened new SRH Total Return Fund positions in Q3 2020 and 11 closed out, a net change of -1 holder.
- The largest SRH Total Return Fund buyer in Q3 2020 was Morgan Stanley, an estimated $1.52M added.
- The largest SRH Total Return Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $2.84M sold.
Based on aggregated 13F filings for Q3 2020.