TRI-Continental Corp
122 hedge funds and large institutions have $178M invested in TRI-Continental Corp in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
53% more capital inflows, than outflows
Capital inflows: $7.19M | Capital outflows: $4.7M
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
5% more funds holding
Funds holding: 116 → 122 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.24% less ownership
Funds ownership: 12.28% → 12.05% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.15M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.06M |
| 3 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$678K |
| 4 |
Walleye Capital
New York
|
+$479K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.19M |
| 2 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$392K |
| 3 |
SP
Successful Portfolios
Clearwater,
Florida
|
-$383K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$296K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$235K |
TY Hedge Fund Activity: Q2 2023 in Review
122 of the 6,387 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q2 2023, worth a combined $178M — up 4.8% from $170M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TY positions and 7 closed out — a net gain of 6 holders — while 41 added to existing stakes and 33 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $2.15M. The largest seller was Morgan Stanley, cutting an estimated $1.19M.
- 122 institutional investors held TRI-Continental Corp (TY) as of Q2 2023, up from 116 in Q1 2023.
- Funds reported $178M of TRI-Continental Corp stock for Q2 2023, up 4.8% quarter-over-quarter.
- 13 funds opened new TRI-Continental Corp positions in Q2 2023 and 7 closed out, a net change of +6 holders.
- The largest TRI-Continental Corp buyer in Q2 2023 was Cornerstone Advisors, an estimated $2.15M added.
- The largest TRI-Continental Corp seller in Q2 2023 was Morgan Stanley, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2023.