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TRI-Continental Corp

100 hedge funds and large institutions have $140M invested in TRI-Continental Corp in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 27

2% more capital invested

Capital invested by funds: $138M → $140M (+$2.48M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.28% less ownership

Funds ownership: 10.42%10.15% (-0.28%)

5% less funds holding

Funds holding: 105100 (-5)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
100
Holders Change
-5
Holders Change %
-4.76%
% of All Funds
2.02%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
8
Increased
32
Reduced
27
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BBPWM
1
Blue Bell Private Wealth Management
Pennsylvania
$12.7M +$35.7K +1,371 +0.3%
RVPG
2
Relative Value Partners Group
$12.1M -$22.1K -851 -0.2%
Lazard Asset Management
3
Lazard Asset Management
New York
$11.2M
RJFSA
4
Raymond James Financial Services Advisors
Florida
$10.5M -$566K -21,741 -5%
DBT
5
Dubuque Bank & Trust
Iowa
$8.44M -$372K -14,311 -4%
Morgan Stanley
6
Morgan Stanley
New York
$8.07M +$413K +15,872 +5%
RJA
7
Raymond James & Associates
Florida
$6.8M -$547K -20,998 -7%
Wells Fargo
8
Wells Fargo
California
$6.27M +$241K +9,264 +4%
Bank of America
9
Bank of America
North Carolina
$5.26M -$30.3K -1,166 -0.6%
PPA
10
Parametric Portfolio Associates
Washington
$4.94M -$733K -28,158 -13%
UBS Group
11
UBS Group
Switzerland
$4.52M -$996K -38,274 -18%
SFS
12
Shaker Financial Services
Virginia
$4.39M -$1.33M -51,095 -23%
UCI
13
Uncommon Cents Investing
Wisconsin
$3.79M +$534K +20,508 +16%
Stifel Financial
14
Stifel Financial
Missouri
$3.27M +$197K +7,562 +6%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$3.08M
Brown Advisory
16
Brown Advisory
Maryland
$2.23M
First Trust Advisors
17
First Trust Advisors
Illinois
$2.02M -$98.5K -3,786 -5%
Thrivent Financial for Lutherans
18
Thrivent Financial for Lutherans
Minnesota
$1.88M +$216K +8,305 +13%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.86M +$13.6K +523 +0.7%
RCM
20
RB Capital Management
Nevada
$1.42M -$7.91K -304 -0.6%
KIM
21
Karpus Investment Management
New York
$1.3M -$149K -5,710 -10%
MC
22
Matisse Capital
Oregon
$1.3M
AA
23
AQR Arbitrage
Connecticut
$1.19M +$321K +12,340 +37%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$1.11M +$53.8K +2,068 +5%
DADC
25
D.A. Davidson & Co
Montana
$1.09M +$53.8K +2,067 +5%

TY Hedge Fund Activity: Q3 2020 in Review

100 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2020, worth a combined $140M — up 1.8% from $138M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TY and 8 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 32 added.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $647K. The largest seller was Shaker Financial Services, cutting an estimated $1.33M.

  • 100 institutional investors held TRI-Continental Corp (TY) as of Q3 2020, down from 105 in Q2 2020.
  • Funds reported $140M of TRI-Continental Corp stock for Q3 2020, up 1.8% quarter-over-quarter.
  • 8 funds opened new TRI-Continental Corp positions in Q3 2020 and 13 closed out, a net change of -5 holders.
  • The largest TRI-Continental Corp buyer in Q3 2020 was Cambridge Investment Research Advisors, an estimated $647K added.
  • The largest TRI-Continental Corp seller in Q3 2020 was Shaker Financial Services, an estimated $1.33M sold.

Based on aggregated 13F filings for Q3 2020.