TRI-Continental Corp
66 hedge funds and large institutions have $255M invested in TRI-Continental Corp in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.09% less ownership
Funds ownership: 19.6% → 19.51% (-0.09%)
4% less capital invested
Capital invested by funds: $265M → $255M (-$10M)
6% less funds holding
Funds holding: 70 → 66 (-4)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.18M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.66M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.31M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$792K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.27M |
| 2 |
SG Americas Securities
New York
|
-$1.64M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.25M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$812K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$619K |
TY Hedge Fund Activity: Q2 2015 in Review
66 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2015, worth a combined $255M — down 3.8% from $265M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TY and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 19 added.
The largest buyer was Wolverine Asset Management, adding an estimated $3.18M. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.27M sold.
- 66 institutional investors held TRI-Continental Corp (TY) as of Q2 2015, down from 70 in Q1 2015.
- Funds reported $255M of TRI-Continental Corp stock for Q2 2015, down 3.8% quarter-over-quarter.
- 5 funds opened new TRI-Continental Corp positions in Q2 2015 and 6 closed out, a net change of -1 holder.
- The largest TRI-Continental Corp buyer in Q2 2015 was Wolverine Asset Management, an estimated $3.18M added.
- The largest TRI-Continental Corp seller in Q2 2015 was City of London Investment Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q2 2015.