TRI-Continental Corp
108 hedge funds and large institutions have $176M invested in TRI-Continental Corp in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
25% more capital invested
Capital invested by funds: $141M → $176M (+$35.5M)
8% more funds holding
Funds holding: 100 → 108 (+8)
1.03% more ownership
Funds ownership: 10.15% → 11.18% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.85M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.09M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$535K |
| 4 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$406K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$370K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.83M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.3M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$659K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$658K |
TY Hedge Fund Activity: Q4 2020 in Review
108 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q4 2020, worth a combined $176M — up 25% from $141M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TY positions and 8 closed out — a net gain of 10 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.85M. The largest seller was Shaker Financial Services, cutting an estimated $3.83M.
- 108 institutional investors held TRI-Continental Corp (TY) as of Q4 2020, up from 100 in Q3 2020.
- Funds reported $176M of TRI-Continental Corp stock for Q4 2020, up 25% quarter-over-quarter.
- 18 funds opened new TRI-Continental Corp positions in Q4 2020 and 8 closed out, a net change of +10 holders.
- The largest TRI-Continental Corp buyer in Q4 2020 was Wells Fargo, an estimated $5.85M added.
- The largest TRI-Continental Corp seller in Q4 2020 was Shaker Financial Services, an estimated $3.83M sold.
Based on aggregated 13F filings for Q4 2020.