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STEW

SRH Total Return Fund

115 hedge funds and large institutions have $276M invested in SRH Total Return Fund in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 30

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

3% more capital invested

Capital invested by funds: $269M → $276M (+$7.68M)

1% more funds holding

Funds holding: 114115 (+1)

0.02% more ownership

Funds ownership: 15.75%15.77% (+0.02%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
115
Holders Change
+1
Holders Change %
+0.88%
% of All Funds
1.51%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
8
Increased
41
Reduced
30
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$42.8M -$1.29M -71,947 -3%
JWM
2
JP Wealth Management
South Carolina
$22.8M -$542K -30,150 -2%
BI
3
Bulldog Investors
New Jersey
$20.3M
Pathstone Holdings
4
Pathstone Holdings
New Jersey
$17.3M -$302K -16,793 -2%
1CP
5
1607 Capital Partners
Virginia
$14.5M +$490K +27,290 +4%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$12M +$876K +48,738 +8%
CL
7
CSS LLC
Illinois
$8.39M
GC
8
GatePass Capital
Ohio
$7.89M -$51.2K -2,850 -0.7%
BRWA
9
B. Riley Wealth Advisors
Florida
$7.34M +$43K +2,392 +0.6%
TJHA
10
Thomas J. Herzfeld Advisors
Florida
$6.82M +$893K +49,728 +15%
BBPWM
11
Blue Bell Private Wealth Management
Pennsylvania
$5.47M +$418K +23,265 +8%
Bank of America
12
Bank of America
North Carolina
$5.36M +$245K +13,631 +5%
KIM
13
Karpus Investment Management
New York
$5.19M -$1.56M -86,729 -23%
LPL Financial
14
LPL Financial
California
$4.96M +$664K +36,938 +16%
AA
15
AQR Arbitrage
Connecticut
$4.12M -$1.6M -89,060 -28%
Cohen & Steers
16
Cohen & Steers
New York
$4.11M +$1.11M +62,000 +38%
QC
17
Quantedge Capital
Singapore
$4.01M +$365K +20,300 +10%
FHA
18
Flagship Harbor Advisors
Massachusetts
$3.81M +$54.9K +3,054 +1%
SFS
19
Shaker Financial Services
Virginia
$3.78M +$2.5M +139,175 +201%
Wells Fargo
20
Wells Fargo
California
$3.73M -$62.7K -3,490 -2%
CPRC
21
Consolidated Portfolio Review Corp
New York
$3.69M -$26.2K -1,457 -0.7%
Raymond James Financial
22
Raymond James Financial
Florida
$3.51M -$854K -47,534 -20%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$3.48M -$85K -4,730 -2%
SA
24
SRH Advisors
Kansas
$3.43M +$14.5K +808 +0.4%
MC
25
Matisse Capital
Oregon
$3.27M

STEW Hedge Fund Activity: Q3 2025 in Review

115 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q3 2025, worth a combined $276M — up 2.9% from $269M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new STEW positions and 7 closed out — a net gain of 1 holder — while 41 added to existing stakes and 30 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $2.5M. The largest seller was IFG Advisory, cutting an estimated $2.2M.

  • 115 institutional investors held SRH Total Return Fund (STEW) as of Q3 2025, up from 114 in Q2 2025.
  • Funds reported $276M of SRH Total Return Fund stock for Q3 2025, up 2.9% quarter-over-quarter.
  • 8 funds opened new SRH Total Return Fund positions in Q3 2025 and 7 closed out, a net change of +1 holder.
  • The largest SRH Total Return Fund buyer in Q3 2025 was Shaker Financial Services, an estimated $2.5M added.
  • The largest SRH Total Return Fund seller in Q3 2025 was IFG Advisory, an estimated $2.2M sold.

Based on aggregated 13F filings for Q3 2025.