SRH Total Return Fund
STEW
126 hedge funds and large institutions have $270M invested in SRH Total Return Fund in 2026 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 10 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.02% more ownership
Funds ownership: 16.37% → 16.39% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less funds holding
Funds holding: 128 → 126 (-2)
8% less capital invested
Capital invested by funds: $293M → $270M (-$22.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.16M |
| 2 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$2.75M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.57M |
| 4 |
JWM
JP Wealth Management
Mt. Pleasant,
South Carolina
|
+$1.42M |
| 5 |
Cohen & Steers
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$4.88M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.37M |
| 3 |
Morgan Stanley
New York
|
-$3.48M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.54M |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
-$654K |
STEW Hedge Fund Activity: Q1 2026 in Review
126 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in SRH Total Return Fund (STEW) for Q1 2026, worth a combined $270M — down 7.7% from $293M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new STEW positions and 10 closed out — a net gain of 1 holder — while 47 added to existing stakes and 35 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.16M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $4.88M.
- 126 institutional investors held SRH Total Return Fund (STEW) as of Q1 2026, down from 128 in Q4 2025.
- Funds reported $270M of SRH Total Return Fund stock for Q1 2026, down 7.7% quarter-over-quarter.
- 11 funds opened new SRH Total Return Fund positions in Q1 2026 and 10 closed out, a net change of +1 holder.
- The largest SRH Total Return Fund buyer in Q1 2026 was Shaker Financial Services, an estimated $3.16M added.
- The largest SRH Total Return Fund seller in Q1 2026 was Thomas J. Herzfeld Advisors, an estimated $4.88M sold.
Based on aggregated 13F filings for Q1 2026.