TRI-Continental Corp
106 hedge funds and large institutions have $187M invested in TRI-Continental Corp in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 11 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
1% more funds holding
Funds holding: 105 → 106 (+1)
1% more capital invested
Capital invested by funds: $185M → $187M (+$1.3M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.45% less ownership
Funds ownership: 12.77% → 12.32% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.2M |
| 2 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$986K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$967K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$945K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$925K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.96M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.32M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.19M |
| 4 |
Lazard Asset Management
New York
|
-$1.2M |
| 5 |
Cohen & Steers
New York
|
-$909K |
TY Hedge Fund Activity: Q3 2018 in Review
106 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2018, worth a combined $187M — up 0.7% from $185M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TY positions and 11 closed out — a net gain of 1 holder — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Nine Masts Capital, adding an estimated $2.2M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.96M sold.
- 106 institutional investors held TRI-Continental Corp (TY) as of Q3 2018, up from 105 in Q2 2018.
- Funds reported $187M of TRI-Continental Corp stock for Q3 2018, up 0.7% quarter-over-quarter.
- 12 funds opened new TRI-Continental Corp positions in Q3 2018 and 11 closed out, a net change of +1 holder.
- The largest TRI-Continental Corp buyer in Q3 2018 was Nine Masts Capital, an estimated $2.2M added.
- The largest TRI-Continental Corp seller in Q3 2018 was Rivernorth Capital Management, an estimated $5.96M sold.
Based on aggregated 13F filings for Q3 2018.