TRI-Continental Corp
130 hedge funds and large institutions have $204M invested in TRI-Continental Corp in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 41 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
7% more capital invested
Capital invested by funds: $190M → $204M (+$14.1M)
4% more funds holding
Funds holding: 125 → 130 (+5)
0.11% more ownership
Funds ownership: 12.22% → 12.33% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
22% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.62M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.57M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$971K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$844K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.67M |
| 2 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
-$1.65M |
| 3 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$599K |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$545K |
| 5 |
JP Morgan Chase
New York
|
-$302K |
TY Hedge Fund Activity: Q1 2024 in Review
130 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in TRI-Continental Corp (TY) for Q1 2024, worth a combined $204M — up 7.4% from $190M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TY positions and 9 closed out — a net gain of 6 holders — while 32 added to existing stakes and 41 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $1.62M. The largest seller was Morgan Stanley, cutting an estimated $1.67M.
- 130 institutional investors held TRI-Continental Corp (TY) as of Q1 2024, up from 125 in Q4 2023.
- Funds reported $204M of TRI-Continental Corp stock for Q1 2024, up 7.4% quarter-over-quarter.
- 15 funds opened new TRI-Continental Corp positions in Q1 2024 and 9 closed out, a net change of +6 holders.
- The largest TRI-Continental Corp buyer in Q1 2024 was Cornerstone Advisors, an estimated $1.62M added.
- The largest TRI-Continental Corp seller in Q1 2024 was Morgan Stanley, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2024.