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STEW

SRH Total Return Fund

68 hedge funds and large institutions have $170M invested in SRH Total Return Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

10% more funds holding

Funds holding: 6268 (+6)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.61% less ownership

Funds ownership: 21.71%21.1% (-0.61%)

14% less capital invested

Capital invested by funds: $198M → $170M (-$27.8M)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

Holders
68
Holders Change
+6
Holders Change %
+9.68%
% of All Funds
1.9%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
9
Increased
16
Reduced
20
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$28.9M
KIM
2
Karpus Investment Management
New York
$22.8M -$565K -70,903 -2%
RJA
3
Raymond James & Associates
Florida
$20.9M +$554K +69,533 +3%
TJHA
4
Thomas J. Herzfeld Advisors
Florida
$11.6M +$196K +24,626 +2%
GFM
5
Gramercy Funds Management
Connecticut
$10.9M
BI
6
Bulldog Investors
New Jersey
$9.46M -$3.26M -408,924 -24%
MIG
7
Mariner Investment Group
New York
$9.45M +$1.01M +127,327 +11%
Morgan Stanley
8
Morgan Stanley
New York
$9.12M -$1.51M -189,895 -13%
Goldman Sachs
9
Goldman Sachs
New York
$6.19M -$3.33M -418,430 -33%
CL
10
CSS LLC
Illinois
$5.1M +$63.7K +8,000 +1%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$3.37M
SFS
12
Shaker Financial Services
Virginia
$3.17M +$269K +33,825 +9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$3.17M
MFS
14
MSI Financial Services
Massachusetts
$2.21M +$96.3K +12,100 +4%
ST
15
Sentinel Trust
Texas
$1.87M
COLIM
16
City of London Investment Management
United Kingdom
$1.43M +$175K +22,000 +13%
WAM
17
Wolverine Asset Management
Illinois
$1.39M +$591K +74,230 +66%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$1.29M -$27.6K -3,460 -2%
SA
19
SRH Advisors
Kansas
$1.26M
WA
20
WFG Advisors
Texas
$1.25M +$277K +34,725 +26%
ACP
21
Aviance Capital Partners
Florida
$1.16M +$526K +66,043 +74%
DGHMC
22
Dalton, Greiner, Hartman, Maher & Co
New York
$1.07M +$15.3K +1,927 +1%
Hotchkis & Wiley Capital Management
23
Hotchkis & Wiley Capital Management
California
$881K
RA
24
Raffles Associates
New York
$766K
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$742K

STEW Hedge Fund Activity: Q3 2015 in Review

68 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q3 2015, worth a combined $170M — down 14% from $198M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new STEW positions and 3 closed out — a net gain of 6 holders — while 16 added to existing stakes and 20 trimmed.

The largest buyer was Mariner Investment Group, adding an estimated $1.01M. The largest seller was Goldman Sachs, cutting an estimated $3.33M.

  • 68 institutional investors held SRH Total Return Fund (STEW) as of Q3 2015, up from 62 in Q2 2015.
  • Funds reported $170M of SRH Total Return Fund stock for Q3 2015, down 14% quarter-over-quarter.
  • 9 funds opened new SRH Total Return Fund positions in Q3 2015 and 3 closed out, a net change of +6 holders.
  • The largest SRH Total Return Fund buyer in Q3 2015 was Mariner Investment Group, an estimated $1.01M added.
  • The largest SRH Total Return Fund seller in Q3 2015 was Goldman Sachs, an estimated $3.33M sold.

Based on aggregated 13F filings for Q3 2015.