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STEW

SRH Total Return Fund

34 hedge funds and large institutions have $44.7M invested in SRH Total Return Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

21% more funds holding

Funds holding: 2834 (+6)

16% more capital invested

Capital invested by funds: $38.6M → $44.7M (+$6.09M)

1.96% more ownership

Funds ownership: 19.83%21.79% (+2%)

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

Holders
34
Holders Change
+6
Holders Change %
+21.43%
% of All Funds
0.99%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
9
Increased
9
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$5.97M
BI
2
Bulldog Investors
New Jersey
$5.93M -$544K -69,279 -9%
GFM
3
Gramercy Funds Management
Connecticut
$5.38M -$313K -39,937 -6%
Morgan Stanley
4
Morgan Stanley
New York
$4.64M +$364K +46,366 +9%
KIM
5
Karpus Investment Management
New York
$3.57M +$1.16M +147,637 +50%
Goldman Sachs
6
Goldman Sachs
New York
$2.79M -$102K -13,027 -4%
MIG
7
Mariner Investment Group
New York
$2.54M +$172K +21,900 +7%
BNP Paribas Financial Markets
8
BNP Paribas Financial Markets
France
$1.89M +$873K +111,202 +90%
MM
9
Midas Management
New York
$1.49M +$1.45M +185,383 New
HSBC Holdings
10
HSBC Holdings
United Kingdom
$1.48M
ST
11
Sentinel Trust
Texas
$1.36M
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$1.15M +$5.28K +673 +0.5%
MFS
13
MSI Financial Services
Massachusetts
$1.1M +$53.4K +6,800 +5%
DGHMC
14
Dalton, Greiner, Hartman, Maher & Co
New York
$1.06M +$257K +32,720 +33%
SG Americas Securities
15
SG Americas Securities
New York
$808K
PPA
16
Parametric Portfolio Associates
Washington
$483K -$10.2K -1,300 -2%
AA
17
Ancora Advisors
Ohio
$480K -$2.35K -300 -0.5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$405K -$4.6K -586 -1%
SA
19
SRH Advisors
Kansas
$365K +$356K +45,428 New
CL
20
CSS LLC
Illinois
$330K +$322K +40,985 New
Bank of America
21
Bank of America
North Carolina
$254K +$8.93K +1,138 +4%
Wells Fargo
22
Wells Fargo
California
$239K +$46.1K +5,874 +25%
LPL Financial
23
LPL Financial
California
$236K +$231K +29,397 New
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$173K +$170K +21,644 New
BBPWM
25
Blue Bell Private Wealth Management
Pennsylvania
$124K +$121K +15,372 New

STEW Hedge Fund Activity: Q4 2013 in Review

34 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q4 2013, worth a combined $44.7M — up 16% from $38.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new STEW positions and 2 closed out — a net gain of 7 holders — while 9 added to existing stakes and 9 trimmed.

The largest buyer was Midas Management, opening a new position worth an estimated $1.45M. The largest seller was Bulldog Investors, cutting an estimated $544K.

  • 34 institutional investors held SRH Total Return Fund (STEW) as of Q4 2013, up from 28 in Q3 2013.
  • Funds reported $44.7M of SRH Total Return Fund stock for Q4 2013, up 16% quarter-over-quarter.
  • 9 funds opened new SRH Total Return Fund positions in Q4 2013 and 2 closed out, a net change of +7 holders.
  • The largest SRH Total Return Fund buyer in Q4 2013 was Midas Management, an estimated $1.45M added.
  • The largest SRH Total Return Fund seller in Q4 2013 was Bulldog Investors, an estimated $544K sold.

Based on aggregated 13F filings for Q4 2013.