SRH Total Return Fund
STEW
87 hedge funds and large institutions have $163M invested in SRH Total Return Fund in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 14 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.29% less ownership
Funds ownership: 15.56% → 14.28% (-1.3%)
8% less funds holding
Funds holding: 95 → 87 (-8)
11% less capital invested
Capital invested by funds: $183M → $163M (-$19.6M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.15M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.47M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.28M |
| 4 |
CCP
Centaur Capital Partners
Southlake,
Texas
|
+$783K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$12.8M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$3.54M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.23M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$724K |
STEW Hedge Fund Activity: Q1 2018 in Review
87 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2018, worth a combined $163M — down 11% from $183M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of STEW and 6 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 33 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $2.15M. The largest seller was Matisse Capital, cutting an estimated $12.8M.
- 87 institutional investors held SRH Total Return Fund (STEW) as of Q1 2018, down from 95 in Q4 2017.
- Funds reported $163M of SRH Total Return Fund stock for Q1 2018, down 11% quarter-over-quarter.
- 6 funds opened new SRH Total Return Fund positions in Q1 2018 and 14 closed out, a net change of -8 holders.
- The largest SRH Total Return Fund buyer in Q1 2018 was Cambridge Investment Research Advisors, an estimated $2.15M added.
- The largest SRH Total Return Fund seller in Q1 2018 was Matisse Capital, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2018.