CORNERSTONE STRATEGIC INVEST CLM
COM · Closed-End Fund · CUSIP 21924B302
- HeadquartersCincinnati, OH
- FilingsSEC EDGAR
92
institutional holders
+0 vs Q2 2023
36.9m
shares reported held*
$297.2mreported value*
10 new
39 added
22 reduced
11 sold out
net sold ≈ $36.3m (-4.5m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $8.05.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 78 |
| Q4 2022 | 89 |
| Q1 2023 | 89 |
| Q2 2023 | 92 |
| Q3 2023 | 92 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 50 | 29 |
| Q1 2023 | 55 | 36 |
| Q2 2023 | 46 | 39 |
| Q3 2023 | 49 | 33 |
Biggest buyers
| OSAIC HOLDINGS, INC. | Added | +1.8m |
| MORGAN STANLEY | Added | +183.1k |
| RAYMOND JAMES & ASSOCIATES | Added | +49.0k |
| Steward Partners Investment Advisory, LLC | New | +34.4k |
| Mariner, LLC | New | +31.9k |
| LPL Financial LLC | Added | +28.5k |
| Cetera Advisor Networks LLC | Added | +27.9k |
| Perennial Investment Advisors, LLC | Added | +19.8k |
| TWO SIGMA SECURITIES, LLC | New | +14.8k |
| BOOTHBAY FUND MANAGEMENT, LLC | Added | +12.9k |
Biggest sellers
| SIT INVESTMENT ASSOCIATES INC | Reduced | -5.7m |
| CENTAURUS FINANCIAL, INC. | Reduced | -419.5k |
| Ursa Fund Management, LLC | Reduced | -328.1k |
| Thomas J. Herzfeld Advisors, Inc. | Reduced | -83.6k |
| Yakira Capital Management, Inc. | Sold out | -40.8k |
| Atria Wealth Solutions, Inc. | Reduced | -38.1k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -34.5k |
| GOLDMAN SACHS GROUP INC | Sold out | -34.3k |
| XTX Topco Ltd | Sold out | -29.7k |
| HRT FINANCIAL LP | Sold out | -29.0k |
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $348.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-08 | Morris Matthew Director | Sold | $348.8k40.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 2.39% of their portfolio | 10.8m $87.1m | Reduced -5.7m |
| Alpine Global Management, LLC 10.45% of their portfolio | 10.8m $86.6m | Reduced -13.6k |
| BOOTHBAY FUND MANAGEMENT, LLC 1.39% of their portfolio | 5.4m $43.4m | Added +12.9k |
| OSAIC HOLDINGS, INC. 0.05% of their portfolio | 3.8m $30.6m | Added +1.8m |
| CENTAURUS FINANCIAL, INC. 1.53% of their portfolio | 2.2m $17.6m | Reduced -419.5k |
| LPL Financial LLC 0.00% of their portfolio | 628.9k $5.1m | Added +28.5k |
| Perennial Investment Advisors, LLC 0.54% of their portfolio | 368.4k $3.0m | Added +19.8k |
| MORGAN STANLEY 0.00% of their portfolio | 361.5k $2.9m | Added +183.1k |
| Atria Wealth Solutions, Inc. 0.03% of their portfolio | 227.7k $1.8m | Reduced -38.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 177.8k $1.4m | Added +49.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 142.3k $1.1m | Reduced -3.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 135.7k $1.1m | Reduced -34.5k |
| Cetera Advisor Networks LLC 0.01% of their portfolio | 131.9k $1.1m | Added +27.9k |
| Ursa Fund Management, LLC 5.96% of their portfolio | 122.0k $982.1k | Reduced -328.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 96.7k $778.0k | Added +5.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 88.6k $713.0k | Reduced -802 |
| Thomas J. Herzfeld Advisors, Inc. 0.27% of their portfolio | 87.7k $706.3k | Reduced -83.6k |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.07% of their portfolio | 74.7k $601.1k | Added +3.0k |
| CSS LLC/IL 0.05% of their portfolio | 69.9k $562.3k | Unchanged |
| Cetera Advisors LLC 0.01% of their portfolio | 53.2k $428.1k | Unchanged |
| Garden State Investment Advisory Services LLC 0.20% of their portfolio | 52.9k $425.6k | Added +4.4k |
| Kovack Advisors, Inc. 0.05% of their portfolio | 47.5k $382.4k | Reduced -2.1k |
| Private Advisor Group, LLC 0.00% of their portfolio | 46.9k $377.9k | Added +5.0k |
| Capital CS Group, LLC 0.43% of their portfolio | 44.7k $359.7k | Reduced -834 |
| Prospera Financial Services Inc 0.01% of their portfolio | 44.2k $355.4k | Added +2.8k |
| Capital Wealth Alliance, LLC 0.24% of their portfolio | 38.9k $313.4k | Added +1.0k |
| Global Retirement Partners, LLC 0.02% of their portfolio | 38.8k $302.7k | Added +1.8k |
| Strategic Financial Concepts, LLC 0.10% of their portfolio | 38.2k $307.2k | Added +3.1k |
| Aptus Capital Advisors, LLC 0.01% of their portfolio | 37.5k $301.5k | Added +2.1k |
| Chicago Partners Investment Group LLC 0.01% of their portfolio | 35.5k $236.7k | Added +535 |
| Vantage Financial Partners, LLC 0.11% of their portfolio | 34.7k $279.2k | Added +9.9k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 34.4k $276.6k | New |
| Dynamic Advisor Solutions LLC 0.01% of their portfolio | 33.9k $272.5k | Reduced -8.5k |
| SeaCrest Wealth Management, LLC 0.03% of their portfolio | 33.4k $269.1k | Added +465 |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 32.6k $262.1k | Added +929 |
| Mariner, LLC 0.00% of their portfolio | 31.9k $257.0k | New |
| Creative Planning 0.00% of their portfolio | 31.4k $252.5k | Added +833 |
| Virtu Financial LLC 0.02% of their portfolio | 26.1k $210.0k | Reduced -635 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 26.0k $209.3k | Reduced -4.0k |
| FIRETHORN WEALTH PARTNERS, LLC 0.14% of their portfolio | 23.3k $187.8k | Added +805 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 22.8k $183.0k | Added +1.1k |
| Charles Schwab Trust Co 0.02% of their portfolio | 21.5k $173.2k | Unchanged |
| PFG Investments, LLC 0.03% of their portfolio | 21.2k $171.0k | Added +207 |
| CoreCap Advisors, LLC 0.01% of their portfolio | 21.1k $169.8k | Reduced -1.1k |
| PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio | 21.0k $169.1k | Unchanged |
| Pasadena Private Wealth, LLC 0.05% of their portfolio | 19.2k $154.3k | Reduced -16.3k |
| UBS Group AG 0.00% of their portfolio | 18.5k $149.3k | Added +1 |
| Center For Asset Management LLC 0.15% of their portfolio | 18.4k $148.0k | Unchanged |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 18.3k $147.3k | Reduced -4.2k |
| HF Advisory Group, LLC 0.11% of their portfolio | 17.7k $142.5k | Added +658 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 17.4k $139.7k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 17.3k $139.0k | Reduced -2.7k |
| PRIVATE TRUST CO NA 0.02% of their portfolio | 15.9k $128.1k | Unchanged |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 15.5k $124.9k | Added +175 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 15.3k $123.3k | Added +3.9k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 14.8k $119.2k | New |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 14.7k $118.2k | Added +36 |
| N.E.W. Advisory Services LLC 0.02% of their portfolio | 13.7k $110.1k | Unchanged |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 13.2k $106.1k | Added +897 |
| LANARK FINANCIAL, INC. 0.01% of their portfolio | 13.1k $105.0k | First filing |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 11.5k $92.0k | Added +70 |
| AE Wealth Management LLC 0.00% of their portfolio | 11.1k $89.2k | New |
| Outlook Wealth Advisors, LLC 0.03% of their portfolio | 10.8k $86.8k | New |
| HARBOR INVESTMENT ADVISORY, LLC 0.01% of their portfolio | 10.5k $84.4k | Unchanged |
| Marshall Financial Group, LLC 0.03% of their portfolio | 10.0k $80.5k | Unchanged |
| Tradition Wealth Management, LLC 0.01% of their portfolio | 9.1k $73.0k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 8.6k $69.5k | Reduced -889 |
| GPS Wealth Strategies Group, LLC 0.01% of their portfolio | 6.8k $54.8k | Unchanged |
| Retirement Group, LLC 0.02% of their portfolio | 4.8k $38.4k | New |
| Larson Financial Group LLC 0.00% of their portfolio | 4.4k $35.2k | Added +275 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 2.5k $20.1k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.4k $18.9k | Reduced -623 |
| GODSEY & GIBB, INC 0.00% of their portfolio | 2.3k $18.2k | Added +1.3k |
| AlphaMark Advisors, LLC 0.01% of their portfolio | 2.2k $18.0k | Added +1.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.5k $12.0k | New |
| Global Wealth Management Investment Advisory, Inc. 0.00% of their portfolio | 1.5k $11.8k | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 1.3k $10.7k | Unchanged |
| BOK Financial Private Wealth, Inc. 0.00% of their portfolio | 1.2k $10.1k | New |
| Highlander Capital Management, LLC 0.00% of their portfolio | 1.2k $10.0k | New |
| BOKF, NA 0.00% of their portfolio | 1.0k $6.8k | New |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 926 $7.5k | Added +48 |
| Focused Wealth Management, Inc 0.00% of their portfolio | 728 $5.9k | Added +7 |
| US BANCORP \DE\ 0.00% of their portfolio | 653 $5.3k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 502 $4.0k | Reduced -1.7k |
| ADIRONDACK TRUST CO 0.00% of their portfolio | 373 $3.0k | Added +12 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 286 $2.3k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 55 $443 | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 38 $306 | Unchanged |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 36 $288 | Added +2 |
| TSFG, LLC 0.00% of their portfolio | 17 $1.0k | Unchanged |
| TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio | 10 $81 | Reduced -290 |
| FMR LLC 0.00% of their portfolio | 2 $16 | Added +1 |