TRI-Continental Corp
99 hedge funds and large institutions have $146M invested in TRI-Continental Corp in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 14 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.89% less ownership
Funds ownership: 10.91% → 10.02% (-0.89%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
5% less funds holding
Funds holding: 104 → 99 (-5)
6% less capital invested
Capital invested by funds: $155M → $146M (-$9.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.19M |
| 2 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$439K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$430K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$340K |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.57M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.83M |
| 3 |
RVPG
Relative Value Partners Group
|
-$1.43M |
| 4 |
Cohen & Steers
New York
|
-$707K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$659K |
TY Hedge Fund Activity: Q2 2019 in Review
99 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2019, worth a combined $146M — down 5.8% from $155M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TY and 13 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 37 added.
The largest buyer was 1832 Asset Management, adding an estimated $2.19M. The largest seller was 1607 Capital Partners, cutting an estimated $3.57M.
- 99 institutional investors held TRI-Continental Corp (TY) as of Q2 2019, down from 104 in Q1 2019.
- Funds reported $146M of TRI-Continental Corp stock for Q2 2019, down 5.8% quarter-over-quarter.
- 13 funds opened new TRI-Continental Corp positions in Q2 2019 and 14 closed out, a net change of -1 holder.
- The largest TRI-Continental Corp buyer in Q2 2019 was 1832 Asset Management, an estimated $2.19M added.
- The largest TRI-Continental Corp seller in Q2 2019 was 1607 Capital Partners, an estimated $3.57M sold.
Based on aggregated 13F filings for Q2 2019.