TRI-Continental Corp
99 hedge funds and large institutions have $175M invested in TRI-Continental Corp in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0.59% more ownership
Funds ownership: 11.56% → 12.15% (+0.59%)
1% less capital invested
Capital invested by funds: $176M → $175M (-$1.02M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 100 → 99 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$5.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
| 3 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$1.05M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.03M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$953K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.93M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.48M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.33M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
RVPG
Relative Value Partners Group
|
-$914K |
TY Hedge Fund Activity: Q1 2018 in Review
99 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q1 2018, worth a combined $175M — down 0.58% from $176M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TY and 10 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 30 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $5.53M. The largest seller was Raymond James & Associates, cutting an estimated $1.93M.
- 99 institutional investors held TRI-Continental Corp (TY) as of Q1 2018, down from 100 in Q4 2017.
- Funds reported $175M of TRI-Continental Corp stock for Q1 2018, down 0.58% quarter-over-quarter.
- 10 funds opened new TRI-Continental Corp positions in Q1 2018 and 11 closed out, a net change of -1 holder.
- The largest TRI-Continental Corp buyer in Q1 2018 was Shaker Financial Services, an estimated $5.53M added.
- The largest TRI-Continental Corp seller in Q1 2018 was Raymond James & Associates, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2018.