SRH Total Return Fund
STEW
111 hedge funds and large institutions have $264M invested in SRH Total Return Fund in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 34 reducing their positions, and 6 closing their positions.
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
13% more funds holding
Funds holding: 98 → 111 (+13)
11% more capital invested
Capital invested by funds: $238M → $264M (+$26.3M)
0.75% more ownership
Funds ownership: 18.8% → 19.55% (+0.75%)
15% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.41M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.04M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.03M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$44.5M |
| 2 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$785K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$766K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$648K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$585K |
STEW Hedge Fund Activity: Q4 2023 in Review
111 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q4 2023, worth a combined $264M — up 11% from $238M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new STEW positions and 6 closed out — a net gain of 15 holders — while 29 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34.7M. The largest seller was Atlas Wealth, exiting entirely with an estimated $44.5M sold.
- 111 institutional investors held SRH Total Return Fund (STEW) as of Q4 2023, up from 98 in Q3 2023.
- Funds reported $264M of SRH Total Return Fund stock for Q4 2023, up 11% quarter-over-quarter.
- 21 funds opened new SRH Total Return Fund positions in Q4 2023 and 6 closed out, a net change of +15 holders.
- The largest SRH Total Return Fund buyer in Q4 2023 was Morgan Stanley, an estimated $34.7M added.
- The largest SRH Total Return Fund seller in Q4 2023 was Atlas Wealth, an estimated $44.5M sold.
Based on aggregated 13F filings for Q4 2023.