TRI-Continental Corp
104 hedge funds and large institutions have $155M invested in TRI-Continental Corp in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 19 reducing their positions, and 10 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 19
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
7% more funds holding
Funds holding: 97 → 104 (+7)
6% more capital invested
Capital invested by funds: $146M → $155M (+$8.67M)
0.42% less ownership
Funds ownership: 11.33% → 10.91% (-0.42%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.88M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$1.94M |
| 4 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$1.81M |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$11.2M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.29M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.13M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.69M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$593K |
TY Hedge Fund Activity: Q1 2019 in Review
104 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q1 2019, worth a combined $155M — up 5.9% from $146M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TY positions and 10 closed out — a net gain of 8 holders — while 37 added to existing stakes and 19 trimmed.
The largest buyer was UBS Group, adding an estimated $3M. The largest seller was Relative Value Partners Group, cutting an estimated $11.2M.
- 104 institutional investors held TRI-Continental Corp (TY) as of Q1 2019, up from 97 in Q4 2018.
- Funds reported $155M of TRI-Continental Corp stock for Q1 2019, up 5.9% quarter-over-quarter.
- 18 funds opened new TRI-Continental Corp positions in Q1 2019 and 10 closed out, a net change of +8 holders.
- The largest TRI-Continental Corp buyer in Q1 2019 was UBS Group, an estimated $3M added.
- The largest TRI-Continental Corp seller in Q1 2019 was Relative Value Partners Group, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2019.