TRI-Continental Corp
105 hedge funds and large institutions have $138M invested in TRI-Continental Corp in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $118M → $138M (+$19.7M)
9% more funds holding
Funds holding: 96 → 105 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.16% less ownership
Funds ownership: 10.59% → 10.42% (-0.16%)
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.51M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.18M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.04M |
| 4 |
Morgan Stanley
New York
|
+$905K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.31M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.6M |
| 3 |
RVPG
Relative Value Partners Group
|
-$767K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$689K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$617K |
TY Hedge Fund Activity: Q2 2020 in Review
105 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2020, worth a combined $138M — up 17% from $118M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TY positions and 7 closed out — a net gain of 9 holders — while 28 added to existing stakes and 29 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $1.51M. The largest seller was Wolverine Asset Management, cutting an estimated $2.31M.
- 105 institutional investors held TRI-Continental Corp (TY) as of Q2 2020, up from 96 in Q1 2020.
- Funds reported $138M of TRI-Continental Corp stock for Q2 2020, up 17% quarter-over-quarter.
- 16 funds opened new TRI-Continental Corp positions in Q2 2020 and 7 closed out, a net change of +9 holders.
- The largest TRI-Continental Corp buyer in Q2 2020 was Thrivent Financial for Lutherans, an estimated $1.51M added.
- The largest TRI-Continental Corp seller in Q2 2020 was Wolverine Asset Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2020.