TRI-Continental Corp
120 hedge funds and large institutions have $175M invested in TRI-Continental Corp in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
0.15% more ownership
Funds ownership: 12.05% → 12.19% (+0.15%)
2% less capital invested
Capital invested by funds: $178M → $175M (-$3.28M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 122 → 120 (-2)
16% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$3.19M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$2.01M |
| 3 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
+$1.58M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.07M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.59M |
| 2 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$1.07M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$886K |
| 4 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$635K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$516K |
TY Hedge Fund Activity: Q3 2023 in Review
120 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q3 2023, worth a combined $175M — down 1.8% from $178M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TY and 10 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 32 added.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $3.19M. The largest seller was Morgan Stanley, cutting an estimated $1.59M.
- 120 institutional investors held TRI-Continental Corp (TY) as of Q3 2023, down from 122 in Q2 2023.
- Funds reported $175M of TRI-Continental Corp stock for Q3 2023, down 1.8% quarter-over-quarter.
- 10 funds opened new TRI-Continental Corp positions in Q3 2023 and 11 closed out, a net change of -1 holder.
- The largest TRI-Continental Corp buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $3.19M added.
- The largest TRI-Continental Corp seller in Q3 2023 was Morgan Stanley, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2023.