SRH Total Return Fund
STEW
114 hedge funds and large institutions have $269M invested in SRH Total Return Fund in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 31 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
35% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 31
3% more funds holding
Funds holding: 111 → 114 (+3)
0% less capital invested
Capital invested by funds: $269M → $269M (-$191K)
0.45% less ownership
Funds ownership: 16.2% → 15.75% (-0.45%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$5.59M |
| 2 |
JWM
JP Wealth Management
Mt. Pleasant,
South Carolina
|
+$5.46M |
| 3 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$2.77M |
| 4 |
Two Sigma Investments
New York
|
+$2.32M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$5.21M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.63M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$3.35M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$2.8M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.35M |
STEW Hedge Fund Activity: Q2 2025 in Review
114 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q2 2025, worth a combined $269M — down 0.07% from $269M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new STEW positions and 6 closed out — a net gain of 4 holders — while 42 added to existing stakes and 31 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $5.59M. The largest seller was Almitas Capital, exiting entirely with an estimated $5.21M sold.
- 114 institutional investors held SRH Total Return Fund (STEW) as of Q2 2025, up from 111 in Q1 2025.
- Funds reported $269M of SRH Total Return Fund stock for Q2 2025, down 0.07% quarter-over-quarter.
- 10 funds opened new SRH Total Return Fund positions in Q2 2025 and 6 closed out, a net change of +4 holders.
- The largest SRH Total Return Fund buyer in Q2 2025 was Thomas J. Herzfeld Advisors, an estimated $5.59M added.
- The largest SRH Total Return Fund seller in Q2 2025 was Almitas Capital, an estimated $5.21M sold.
Based on aggregated 13F filings for Q2 2025.