TRI-Continental Corp
113 hedge funds and large institutions have $231M invested in TRI-Continental Corp in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 47 increasing their positions, 18 reducing their positions, and 11 closing their positions.
161% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $228M → $231M (+$2.44M)
0.41% more ownership
Funds ownership: 12.84% → 13.25% (+0.41%)
6% less funds holding
Funds holding: 120 → 113 (-7)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.27M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.64M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$789K |
| 4 |
SCA
Strategic Capital Advisers
Denver,
Colorado
|
+$698K |
| 5 |
RWA
Ropes Wealth Advisors
Boston,
Massachusetts
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$577K |
| 2 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$474K |
| 3 |
Citigroup
New York
|
-$447K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$428K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$351K |
TY Hedge Fund Activity: Q3 2021 in Review
113 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2021, worth a combined $231M — up 1.1% from $228M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TY and 5 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 47 added.
The largest buyer was Wolverine Asset Management, adding an estimated $2.27M. The largest seller was Citadel Advisors, exiting entirely with an estimated $577K sold.
- 113 institutional investors held TRI-Continental Corp (TY) as of Q3 2021, down from 120 in Q2 2021.
- Funds reported $231M of TRI-Continental Corp stock for Q3 2021, up 1.1% quarter-over-quarter.
- 5 funds opened new TRI-Continental Corp positions in Q3 2021 and 11 closed out, a net change of -6 holders.
- The largest TRI-Continental Corp buyer in Q3 2021 was Wolverine Asset Management, an estimated $2.27M added.
- The largest TRI-Continental Corp seller in Q3 2021 was Citadel Advisors, an estimated $577K sold.
Based on aggregated 13F filings for Q3 2021.