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TRI-Continental Corp

117 hedge funds and large institutions have $210M invested in TRI-Continental Corp in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 28 increasing their positions, 35 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 14

20% more capital invested

Capital invested by funds: $176M → $210M (+$34.3M)

8% more funds holding

Funds holding: 108117 (+9)

0.96% more ownership

Funds ownership: 11.18%12.14% (+0.96%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

20% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 35

Holders
117
Holders Change
+9
Holders Change %
+8.33%
% of All Funds
2.05%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
25
Increased
28
Reduced
35
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
1
Parametric Portfolio Associates
Washington
$17.6M +$11.1M +358,944 +194%
BFS
2
Bard Financial Services
Connecticut
$17.1M -$149K -4,807 -0.9%
BBPWM
3
Blue Bell Private Wealth Management
Pennsylvania
$15.8M +$110K +3,549 +0.7%
Wells Fargo
4
Wells Fargo
California
$14.9M +$306K +9,915 +2%
RVPG
5
Relative Value Partners Group
$14.6M -$158K -5,101 -1%
Lazard Asset Management
6
Lazard Asset Management
New York
$14M
Morgan Stanley
7
Morgan Stanley
New York
$10.6M +$597K +19,328 +6%
DBT
8
Dubuque Bank & Trust
Iowa
$10.1M -$92.4K -2,991 -1%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$9.81M -$2.51M -81,286 -21%
RJA
10
Raymond James & Associates
Florida
$7.58M -$155K -5,028 -2%
Bank of America
11
Bank of America
North Carolina
$5.8M -$1.08M -34,990 -16%
CA
12
Cornerstone Advisors
North Carolina
$5.65M +$5.38M +174,145 New
UCI
13
Uncommon Cents Investing
Wisconsin
$5.19M -$12.4K -400 -0.2%
Stifel Financial
14
Stifel Financial
Missouri
$5.17M -$161K -5,207 -3%
UBS Group
15
UBS Group
Switzerland
$4.86M -$32K -1,036 -0.7%
SFS
16
Shaker Financial Services
Virginia
$4.01M +$2.82M +91,210 +281%
1832 Asset Management
17
1832 Asset Management
Ontario, Canada
$3.84M
First Trust Advisors
18
First Trust Advisors
Illinois
$2.4M -$37.3K -1,207 -2%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$2.4M +$1.89K +61 +0.1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.08M -$18K -583 -0.9%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$1.78M +$58.7K +1,900 +4%
RCM
22
RB Capital Management
Nevada
$1.7M -$1.89K -61 -0.1%
CA
23
Cornerstone Advisory
Maryland
$1.63M +$50.6K +1,639 +3%
DADC
24
D.A. Davidson & Co
Montana
$1.55M +$133K +4,289 +10%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$1.47M -$20.9K -676 -1%

TY Hedge Fund Activity: Q1 2021 in Review

117 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q1 2021, worth a combined $210M — up 20% from $176M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new TY positions and 14 closed out — a net gain of 11 holders — while 28 added to existing stakes and 35 trimmed.

The largest buyer was Parametric Portfolio Associates, adding an estimated $11.1M. The largest seller was Brown Advisory, exiting entirely with an estimated $2.54M sold.

  • 117 institutional investors held TRI-Continental Corp (TY) as of Q1 2021, up from 108 in Q4 2020.
  • Funds reported $210M of TRI-Continental Corp stock for Q1 2021, up 20% quarter-over-quarter.
  • 25 funds opened new TRI-Continental Corp positions in Q1 2021 and 14 closed out, a net change of +11 holders.
  • The largest TRI-Continental Corp buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $11.1M added.
  • The largest TRI-Continental Corp seller in Q1 2021 was Brown Advisory, an estimated $2.54M sold.

Based on aggregated 13F filings for Q1 2021.