TRI-Continental Corp
100 hedge funds and large institutions have $141M 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.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
2% more capital invested
Capital invested by funds: $138M → $141M (+$3.06M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.28% less ownership
Funds ownership: 10.42% → 10.15% (-0.28%)
5% less funds holding
Funds holding: 105 → 100 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$647K |
| 2 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$534K |
| 3 |
Morgan Stanley
New York
|
+$413K |
| 4 |
Neuberger Berman Group
New York
|
+$345K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.33M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$996K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$895K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$733K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$566K |
TY Hedge Fund Activity: Q3 2020 in Review
100 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2020, worth a combined $141M — up 2.2% 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 $141M of TRI-Continental Corp stock for Q3 2020, up 2.2% 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.