TRI-Continental Corp
66 hedge funds and large institutions have $251M invested in TRI-Continental Corp in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 4 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more capital invested
Capital invested by funds: $238M → $251M (+$12.9M)
3% more funds holding
Funds holding: 64 → 66 (+2)
0.06% more ownership
Funds ownership: 19.03% → 19.08% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.12M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$1.05M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.02M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$976K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$7.16M |
| 2 |
Goldman Sachs
New York
|
-$1.06M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$920K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$419K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$313K |
TY Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2014, worth a combined $251M — up 5.4% from $238M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TY positions and 4 closed out — a net gain of 2 holders — while 26 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.12M. The largest seller was Lazard Asset Management, cutting an estimated $7.16M.
- 66 institutional investors held TRI-Continental Corp (TY) as of Q2 2014, up from 64 in Q1 2014.
- Funds reported $251M of TRI-Continental Corp stock for Q2 2014, up 5.4% quarter-over-quarter.
- 6 funds opened new TRI-Continental Corp positions in Q2 2014 and 4 closed out, a net change of +2 holders.
- The largest TRI-Continental Corp buyer in Q2 2014 was Karpus Investment Management, an estimated $2.12M added.
- The largest TRI-Continental Corp seller in Q2 2014 was Lazard Asset Management, an estimated $7.16M sold.
Based on aggregated 13F filings for Q2 2014.