TRI-Continental Corp
100 hedge funds and large institutions have $176M invested in TRI-Continental Corp in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
6% more funds holding
Funds holding: 94 → 100 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
4% less capital invested
Capital invested by funds: $184M → $176M (-$8M)
1.22% less ownership
Funds ownership: 12.78% → 11.56% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.29M |
| 2 |
Cohen & Steers
New York
|
+$897K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$414K |
| 4 |
Morgan Stanley
New York
|
+$331K |
| 5 |
Walleye Trading
New York
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.88M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.01M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.99M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.78M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
101
Karpus Investment Management
Pittsford,
New York
| – | -$1.61M | -63,042 | Closed |
|
|
SFS
102
Shaker Financial Services
Arlington,
Virginia
| – | -$1.13M | -44,369 | Closed |
|
|
OFG
103
OTA Financial Group
Purchase,
New York
| – | -$829K | -32,480 | Closed |
|
|
SI
104
SII Investments
Appleton,
Wisconsin
| – | -$449K | -17,560 | Closed |
|
|
GCP
105
GSA Capital Partners
London,
United Kingdom
| – | -$278K | -10,900 | Closed |
|
106
SG Americas Securities
New York
| – | -$263K | -10,295 | Closed |
|
107
Millennium Management
New York
| – | -$225K | -8,800 | Closed |
|
|
NFG
108
Next Financial Group
Houston,
Texas
| – | -$79K | -3,042 | Closed |
|
|
MMG
109
Monetary Management Group
St Louis,
Missouri
| – | -$5K | -212 | Closed |
|
|
NIC
110
Northwest Investment Counselors
Lake Oswego,
Oregon
| – | -$2K | -77 | Closed |
|
TY Hedge Fund Activity: Q4 2017 in Review
100 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q4 2017, worth a combined $176M — down 4.4% from $184M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TY positions and 11 closed out — a net gain of 6 holders — while 31 added to existing stakes and 31 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $1.29M. The largest seller was Raymond James & Associates, cutting an estimated $6.88M.
- 100 institutional investors held TRI-Continental Corp (TY) as of Q4 2017, up from 94 in Q3 2017.
- Funds reported $176M of TRI-Continental Corp stock for Q4 2017, down 4.4% quarter-over-quarter.
- 17 funds opened new TRI-Continental Corp positions in Q4 2017 and 11 closed out, a net change of +6 holders.
- The largest TRI-Continental Corp buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $1.29M added.
- The largest TRI-Continental Corp seller in Q4 2017 was Raymond James & Associates, an estimated $6.88M sold.
Based on aggregated 13F filings for Q4 2017.