TRI-Continental Corp
125 hedge funds and large institutions have $190M invested in TRI-Continental Corp in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
9% more capital invested
Capital invested by funds: $175M → $190M (+$15.2M)
4% more funds holding
Funds holding: 120 → 125 (+5)
0.03% more ownership
Funds ownership: 12.19% → 12.22% (+0.03%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.29M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$686K |
| 3 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$635K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$569K |
| 5 |
JP Morgan Chase
New York
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.66M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.4M |
| 3 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$828K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$718K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$474K |
TY Hedge Fund Activity: Q4 2023 in Review
125 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q4 2023, worth a combined $190M — up 8.7% from $175M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TY positions and 10 closed out — a net gain of 8 holders — while 40 added to existing stakes and 34 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $3.29M. The largest seller was Commonwealth Equity Services, cutting an estimated $1.66M.
- 125 institutional investors held TRI-Continental Corp (TY) as of Q4 2023, up from 120 in Q3 2023.
- Funds reported $190M of TRI-Continental Corp stock for Q4 2023, up 8.7% quarter-over-quarter.
- 18 funds opened new TRI-Continental Corp positions in Q4 2023 and 10 closed out, a net change of +8 holders.
- The largest TRI-Continental Corp buyer in Q4 2023 was Allspring Global Investments, an estimated $3.29M added.
- The largest TRI-Continental Corp seller in Q4 2023 was Commonwealth Equity Services, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2023.