SRH Total Return Fund
STEW
62 hedge funds and large institutions have $198M invested in SRH Total Return Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
0.32% less ownership
Funds ownership: 22.03% → 21.71% (-0.32%)
4% less capital invested
Capital invested by funds: $207M → $198M (-$9.23M)
5% less funds holding
Funds holding: 65 → 62 (-3)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.56M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$2.33M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.01M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.38M |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$909K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$6.1M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$2.09M |
| 3 |
Goldman Sachs
New York
|
-$1.56M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.37M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$1.35M |
STEW Hedge Fund Activity: Q2 2015 in Review
62 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q2 2015, worth a combined $198M — down 4.5% from $207M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of STEW and 5 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 20 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.56M. The largest seller was Sculptor Capital, cutting an estimated $6.1M.
- 62 institutional investors held SRH Total Return Fund (STEW) as of Q2 2015, down from 65 in Q1 2015.
- Funds reported $198M of SRH Total Return Fund stock for Q2 2015, down 4.5% quarter-over-quarter.
- 5 funds opened new SRH Total Return Fund positions in Q2 2015 and 7 closed out, a net change of -2 holders.
- The largest SRH Total Return Fund buyer in Q2 2015 was Karpus Investment Management, an estimated $2.56M added.
- The largest SRH Total Return Fund seller in Q2 2015 was Sculptor Capital, an estimated $6.1M sold.
Based on aggregated 13F filings for Q2 2015.