TRI-Continental Corp
103 hedge funds and large institutions have $144M invested in TRI-Continental Corp in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 99 → 103 (+4)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 10.02% → 9.82% (-0.2%)
1% less capital invested
Capital invested by funds: $146M → $144M (-$1.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.54M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.28M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$505K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$499K |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.23M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.81M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.09M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$680K |
| 5 |
RVPG
Relative Value Partners Group
|
-$678K |
TY Hedge Fund Activity: Q3 2019 in Review
103 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2019, worth a combined $144M — down 0.97% from $146M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TY positions and 9 closed out — a net gain of 4 holders — while 27 added to existing stakes and 25 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.54M. The largest seller was 1832 Asset Management, cutting an estimated $2.23M.
- 103 institutional investors held TRI-Continental Corp (TY) as of Q3 2019, up from 99 in Q2 2019.
- Funds reported $144M of TRI-Continental Corp stock for Q3 2019, down 0.97% quarter-over-quarter.
- 13 funds opened new TRI-Continental Corp positions in Q3 2019 and 9 closed out, a net change of +4 holders.
- The largest TRI-Continental Corp buyer in Q3 2019 was Shaker Financial Services, an estimated $1.54M added.
- The largest TRI-Continental Corp seller in Q3 2019 was 1832 Asset Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2019.