TRI-Continental Corp
70 hedge funds and large institutions have $232M invested in TRI-Continental Corp in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 10 closing their positions.
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.22% less ownership
Funds ownership: 18.84% → 18.62% (-0.22%)
0% less capital invested
Capital invested by funds: $233M → $232M (-$534K)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
1% less funds holding
Funds holding: 71 → 70 (-1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.66M |
| 2 |
SFM
Signature Financial Management
Norfolk,
Virginia
|
+$1.63M |
| 3 |
Citigroup
New York
|
+$1.42M |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$896K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$806K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.69M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.63M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.43M |
| 4 |
SG Americas Securities
New York
|
-$1.24M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$820K |
TY Hedge Fund Activity: Q1 2016 in Review
70 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q1 2016, worth a combined $232M — down 0.23% from $233M a quarter earlier.
Fund positioning in TY was balanced in Q1 2016: 10 funds opened new positions, 10 closed out, 19 added to existing stakes and 20 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.66M. The largest seller was Shaker Financial Services, cutting an estimated $2.69M.
- 70 institutional investors held TRI-Continental Corp (TY) as of Q1 2016, down from 71 in Q4 2015.
- Funds reported $232M of TRI-Continental Corp stock for Q1 2016, down 0.23% quarter-over-quarter.
- 10 funds opened new TRI-Continental Corp positions in Q1 2016 and 10 closed out, a net change of 0 holders.
- The largest TRI-Continental Corp buyer in Q1 2016 was Rivernorth Capital Management, an estimated $1.66M added.
- The largest TRI-Continental Corp seller in Q1 2016 was Shaker Financial Services, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2016.