TRI-Continental Corp
105 hedge funds and large institutions have $185M invested in TRI-Continental Corp in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 24 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
71% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 24
6% more funds holding
Funds holding: 99 → 105 (+6)
6% more capital invested
Capital invested by funds: $175M → $185M (+$10.3M)
0.62% more ownership
Funds ownership: 12.15% → 12.77% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.83M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.73M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.22M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$832K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$787K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.96M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.17M |
| 3 |
RVPG
Relative Value Partners Group
|
-$702K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$586K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$473K |
TY Hedge Fund Activity: Q2 2018 in Review
105 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2018, worth a combined $185M — up 5.9% from $175M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TY positions and 3 closed out — a net gain of 7 holders — while 41 added to existing stakes and 24 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $3.83M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.96M.
- 105 institutional investors held TRI-Continental Corp (TY) as of Q2 2018, up from 99 in Q1 2018.
- Funds reported $185M of TRI-Continental Corp stock for Q2 2018, up 5.9% quarter-over-quarter.
- 10 funds opened new TRI-Continental Corp positions in Q2 2018 and 3 closed out, a net change of +7 holders.
- The largest TRI-Continental Corp buyer in Q2 2018 was Cornerstone Advisors, an estimated $3.83M added.
- The largest TRI-Continental Corp seller in Q2 2018 was Rivernorth Capital Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2018.