TRI-Continental Corp
120 hedge funds and large institutions have $228M invested in TRI-Continental Corp in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 25 reducing their positions, and 14 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 25
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
8% more capital invested
Capital invested by funds: $211M → $228M (+$17.3M)
3% more funds holding
Funds holding: 117 → 120 (+3)
0.7% more ownership
Funds ownership: 12.14% → 12.84% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.34M |
| 2 |
CFA
Capstone Financial Advisors
Downers Grove,
Illinois
|
+$2.56M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.2M |
| 4 |
LPL Financial
San Diego,
California
|
+$602K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$1.71M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$1.17M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$838K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$718K |
| 5 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$595K |
TY Hedge Fund Activity: Q2 2021 in Review
120 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2021, worth a combined $228M — up 8.2% from $211M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TY positions and 14 closed out — a net gain of 3 holders — while 50 added to existing stakes and 25 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.34M. The largest seller was Relative Value Partners Group, cutting an estimated $1.71M.
- 120 institutional investors held TRI-Continental Corp (TY) as of Q2 2021, up from 117 in Q1 2021.
- Funds reported $228M of TRI-Continental Corp stock for Q2 2021, up 8.2% quarter-over-quarter.
- 17 funds opened new TRI-Continental Corp positions in Q2 2021 and 14 closed out, a net change of +3 holders.
- The largest TRI-Continental Corp buyer in Q2 2021 was Shaker Financial Services, an estimated $3.34M added.
- The largest TRI-Continental Corp seller in Q2 2021 was Relative Value Partners Group, an estimated $1.71M sold.
Based on aggregated 13F filings for Q2 2021.