TRI-Continental Corp
100 hedge funds and large institutions have $140M invested in TRI-Continental Corp in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 13 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
2% more capital invested
Capital invested by funds: $138M → $140M (+$2.48M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.28% less ownership
Funds ownership: 10.42% → 10.15% (-0.28%)
5% less funds holding
Funds holding: 105 → 100 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
101
Magnus Financial Group
New York
| – | -$353K | -14,300 | Closed |
|
|
GIA
102
Guyasuta Investment Advisors
Pittsburgh,
Pennsylvania
| – | -$323K | -13,056 | Closed |
|
|
LCM
103
Landscape Capital Management
Englewood,
New Jersey
| – | -$304K | -12,305 | Closed |
|
104
Ameriprise
Minneapolis,
Minnesota
| – | -$269K | -10,881 | Closed |
|
|
PAG
105
Private Advisor Group
Morristown,
New Jersey
| – | -$112K | -4,552 | Closed |
|
|
CFB
106
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$37K | -1,499 | Closed |
|
|
WAM
107
Wolverine Asset Management
Chicago,
Illinois
| – | -$34K | -1,388 | Closed |
|
|
PIMG
108
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$6.92K | -280 | Closed |
|
|
OPS
109
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$5K | -212 | Closed |
|
TY Hedge Fund Activity: Q3 2020 in Review
100 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2020, worth a combined $140M — up 1.8% from $138M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TY and 8 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $647K. The largest seller was Shaker Financial Services, cutting an estimated $1.33M.
- 100 institutional investors held TRI-Continental Corp (TY) as of Q3 2020, down from 105 in Q2 2020.
- Funds reported $140M of TRI-Continental Corp stock for Q3 2020, up 1.8% quarter-over-quarter.
- 8 funds opened new TRI-Continental Corp positions in Q3 2020 and 13 closed out, a net change of -5 holders.
- The largest TRI-Continental Corp buyer in Q3 2020 was Cambridge Investment Research Advisors, an estimated $647K added.
- The largest TRI-Continental Corp seller in Q3 2020 was Shaker Financial Services, an estimated $1.33M sold.
Based on aggregated 13F filings for Q3 2020.