Vault-13

CORNERSTONE STRATEGIC INVEST CLM

COM · Closed-End Fund · CUSIP 21924B302

127 institutional holders +1 vs Q3 2025
29,322,14929.3m shares reported held*
$245.1mreported value*
15 new 50 added 33 reduced 15 sold out net sold ≈ $72.7m (-8.7m 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 ≈ $8.36.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 78Q4 22: 89Q1 23: 89Q2 23: 92Q3 23: 92Q4 23: 110Q1 24: 108Q2 24: 117Q3 24: 118Q4 24: 128Q1 25: 123Q2 25: 123Q3 25: 126Q4 25: 127127Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202278
Q4 202289
Q1 202389
Q2 202392
Q3 202392
Q4 2023110
Q1 2024108
Q2 2024117
Q3 2024118
Q4 2024128
Q1 2025123
Q2 2025123
Q3 2025126
Q4 2025127

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q1 24: 61 bought or addedQ1 24: 39 cut or sold outQ2 24: 68 bought or addedQ2 24: 33 cut or sold outQ2 24Q3 24: 62 bought or addedQ3 24: 40 cut or sold outQ4 24: 65 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 59 cut or sold outQ2 25: 72 bought or addedQ2 25: 44 cut or sold outQ2 25Q3 25: 65 bought or addedQ3 25: 44 cut or sold outQ4 25: 65 bought or addedQ4 25: 48 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20246139
Q2 20246833
Q3 20246240
Q4 20246550
Q1 20255959
Q2 20257244
Q3 20256544
Q4 20256548

Biggest buyers

PFG Investments, LLC Added +2,958,789+3.0m
Quarry LP Added +962,972+963.0k
LPL Financial LLC Added +350,079+350.1k
Kovack Advisors, Inc. New +211,213+211.2k
Sculptor Capital LP Added +155,286+155.3k
Cetera Investment Advisers Added +133,163+133.2k
Stratos Wealth Partners, LTD. Added +117,607+117.6k
JANE STREET GROUP, LLC Added +112,742+112.7k
WJ Financial Advisors LLC Added +112,116+112.1k
Savvy Advisors, Inc. New +108,760+108.8k

Biggest sellers

Alpine Global Management, LLC Reduced -5,853,967-5.9m
BOOTHBAY FUND MANAGEMENT, LLC Reduced -5,123,212-5.1m
SIT INVESTMENT ASSOCIATES INC Reduced -1,336,818-1.3m
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -1,011,315-1.0m
Yakira Capital Management, Inc. Reduced -534,446-534.4k
OSAIC HOLDINGS, INC. Reduced -113,519-113.5k
Strategic Financial Concepts, LLC Sold out -66,200-66.2k
AMERIFLEX GROUP, INC. Reduced -36,600-36.6k
Virtu Financial LLC Sold out -26,536-26.5k
Fisher Asset Management, LLC Sold out -25,604-25.6k

Insider purchases and sales in Q4 2025

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
101Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 1 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—1$284.9k—
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 0.76% of their portfolio Minneapolis, MN 4,640,2264.6m $38.8m $38.8m 0.76% Reduced -1.3m -1,336,818
2 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 3,371,1473.4m $28.2m $28.2m 0.04% Reduced -113.5k -113,519
3 PFG Investments, LLC 1.18% of their portfolio WOODBURY, NY 2,997,8083.0m $25.1m $25.1m 1.18% Added +3.0m +2,958,789
4 Sculptor Capital LP 0.30% of their portfolio New York, NY 2,967,7363.0m $24.8m $24.8m 0.30% Added +155.3k +155,286
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 1,802,3181.8m $15.1m $15.1m 0.00% Added +350.1k +350,079
6 BOOTHBAY FUND MANAGEMENT, LLC 0.28% of their portfolio NEW YORK, NY 1,285,3401.3m $10.7m $10.7m 0.28% Reduced -5.1m -5,123,212
7 Quarry LP 1.69% of their portfolio NEW YORK, NY 1,235,3071.2m $10.3m $10.3m 1.69% Added +963.0k +962,972
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 1,200,2461.2m $10.0m $10.0m 0.01% Added +133.2k +133,163
9 Alpine Global Management, LLC 2.12% of their portfolio NEW YORK, NY 1,139,8131.1m $9.5m $9.5m 2.12% Reduced -5.9m -5,853,967
10 Cable Car Capital, LP 0.34% of their portfolio SAN FRANCISCO, CA 661,683661.7k $5.5m $5.5m 0.34% Added +69 +69
11 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 654,931654.9k $5.5m $5.5m 0.01% Reduced -15.0k -15,000
12 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 626,085626.1k $5.2m $5.2m 0.06% Added +117.6k +117,607
13 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 561,577561.6k $4.7m $4.7m 0.01% Added +36.3k +36,309
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 558,877558.9k $4.7m $4.7m 0.00% Added +58.0k +57,973
15 Yakira Capital Management, Inc. 1.37% of their portfolio Westport, CT 487,207487.2k $4.1m $4.1m 1.37% Reduced -534.4k -534,446
16 Perennial Investment Advisors, LLC 0.31% of their portfolio Los Angeles, CA 465,564465.6k $3.9m $3.9m 0.31% Added +10.7k +10,661
17 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 367,470367.5k $3.1m $3.1m 0.00% Added +21.9k +21,892
18 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 284,559284.6k $2.4m $2.4m 0.00% Added +28.4k +28,405
19 WJ Financial Advisors LLC 1.96% of their portfolio KILLINGWORTH, CT 263,015263.0k $2.2m $2.2m 1.96% Added +112.1k +112,116
20 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 219,637219.6k $1.8m $1.8m 0.04% Reduced -4.5k -4,515
21 Kovack Advisors, Inc. 0.08% of their portfolio FT. LAUDERDALE, FL 211,213211.2k $1.8m $1.8m 0.08% New
22 Aptus Capital Advisors, LLC 0.01% of their portfolio FAIRHOPE, AL 201,751201.8k $1.7m $1.7m 0.01% Added +2.7k +2,684
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 180,282180.3k $1.5m $1.5m 0.00% Added +112.7k +112,742
24 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 178,086178.1k $1.5m $1.5m 0.00% Reduced -20.9k -20,858
25 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 160,360160.4k $1.3m $1.3m 0.00% Added +44.0k +43,980
26 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 145,939145.9k $1.2m $1.2m 0.00% Unchanged
27 StoneX Group Inc. 0.05% of their portfolio NEW YORK, NY 142,949142.9k $1.2m $1.2m 0.05% Reduced -16.1k -16,133
28 WINEBRENNER CAPITAL MANAGEMENT LLC 0.76% of their portfolio LOUISVILLE, KY 136,754136.8k $1.1m $1.1m 0.76% Added +3.0k +3,000
29 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 108,760108.8k $909.2k $909.2k 0.03% New
30 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% of their portfolio KOKOMO, IN 91,10991.1k $761.7k $761.7k 0.05% Added +7.7k +7,673
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 87,87787.9k $734.7k $734.7k 0.00% Added +47.9k +47,915
32 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 87,69187.7k $733.1k $733.1k 0.01% Added +5.0k +5,026
33 Encompass More Asset Management 0.13% of their portfolio Danville, CA 80,97381.0k $676.9k $676.9k 0.13% Reduced -2.9k -2,853
34 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 77,73577.7k $649.9k $649.9k 0.01% Reduced -12.1k -12,097
35 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 76,18976.2k $636.9k $636.9k 0.02% Added +7.1k +7,109
36 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 71,90371.9k $601.1k $601.1k 0.00% Added +4.3k +4,286
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 60,90060.9k $509.1k $509.1k 0.00% Reduced -7.9k -7,868
38 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 53,98254.0k $451.3k $451.3k 0.00% Added +3.0k +3,010
39 Garden State Investment Advisory Services LLC 0.10% of their portfolio Red Bank, NJ 52,08052.1k $435.5k $435.5k 0.10% Added +2.8k +2,841
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 50,27650.3k $420.3k $420.3k 0.00% Added +4.8k +4,844
41 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 50,00050.0k $418.0k $418.0k 0.00% Unchanged
42 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 46,85946.9k $391.7k $391.7k 0.00% Reduced -3.7k -3,672
43 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 44,74644.7k $374.1k $374.1k 0.01% Added +5.8k +5,799
44 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 42,40042.4k $354.5k $354.5k 0.01% Added +767 +767
45 BlackRock, Inc. 0.00% of their portfolio New York, NY 41,25841.3k $344.9k $344.9k 0.00% Added +12.1k +12,054
46 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 35,47135.5k $296.5k $296.5k 0.01% Added +88 +88
47 MARK SHEPTOFF FINANCIAL PLANNING, LLC 0.14% of their portfolio GLASTONBURY, CT 34,91334.9k $291.9k $291.9k 0.14% Unchanged
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 34,03934.0k $288.0k $288.0k 0.00% Added +4.9k +4,890
49 OneAscent Family Office, LLC 0.19% of their portfolio BIRMINGHAM, AL 34,00034.0k $284.2k $284.2k 0.19% Unchanged
50 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 33,84133.8k $282.9k $282.9k 0.00% Added +653 +653
51 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 33,08933.1k $276.6k $276.6k 0.00% Added +12.1k +12,077
52 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 30,35430.4k $253.8k $253.8k 0.00% New
53 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 29,92229.9k $252.5k $252.5k 0.03% Reduced -568 -568
54 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 28,73228.7k $240.2k $240.2k 0.00% First filing
55 Buska Wealth Management, LLC 0.09% of their portfolio WAUSAU, WI 28,63328.6k $239.4k $239.4k 0.09% Added +316 +316
56 AMERIFLEX GROUP, INC. 0.12% of their portfolio LAS VEGAS, NV 28,00028.0k $234.1k $234.1k 0.12% Reduced -36.6k -36,600
57 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 26,63426.6k $222.7k $222.7k 0.00% Reduced -522 -522
58 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 25,43225.4k $211.1k $211.1k 0.01% Reduced -804 -804
59 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 24,90924.9k $208.2k $208.2k 0.00% Reduced -1.8k -1,847
60 HF Advisory Group, LLC 0.07% of their portfolio Annapolis, MD 23,57523.6k $197.1k $197.1k 0.07% Added +830 +830
61 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 21,40021.4k $178.9k $178.9k 0.00% Unchanged
62 Mariner, LLC 0.00% of their portfolio Overland Park, KS 20,89020.9k $174.6k $174.6k 0.00% Added +7.2k +7,196
63 Pasadena Private Wealth, LLC 0.02% of their portfolio PASADENA, CA 20,45720.5k $171.0k $171.0k 0.02% Added +6.3k +6,343
64 FIRETHORN WEALTH PARTNERS, LLC 0.06% of their portfolio AUGUSTA, GA 19,76219.8k $165.2k $165.2k 0.06% Added +1.8k +1,837
65 World Investment Advisors 0.00% of their portfolio LINCROFT, NJ 19,65419.7k $164.3k $164.3k 0.00% New
66 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 19,61519.6k $164.0k $164.0k 0.00% Reduced -18.3k -18,285
67 BECKER CAPITAL MANAGEMENT INC 0.00% of their portfolio Portland, OR 19,47119.5k $162.8k $162.8k 0.00% Added +1.8k +1,841
68 Meridian Wealth Management, LLC 0.01% of their portfolio LEXINGTON, KY 19,45919.5k $162.7k $162.7k 0.01% Added +4.2k +4,176
69 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 19,42719.4k $162.4k $162.4k 0.00% Reduced -2.4k -2,360
70 EVOLUTION WEALTH MANAGEMENT INC. 0.13% of their portfolio FORT MYERS, FL 19,42519.4k $162.4k $162.4k 0.13% Unchanged
71 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 18,45518.5k $154.3k $154.3k 0.01% Unchanged
72 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 17,64217.6k $147.5k $147.5k 0.01% Reduced -2.3k -2,320
73 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,63417.6k $147.4k $147.4k 0.00% Reduced -5.8k -5,756
74 WEDBUSH SECURITIES INC 0.00% of their portfolio PASADENA, CA 17,15017.1k $143.0k $143.0k 0.00% Unchanged
75 Vantage Financial Partners, LLC 0.03% of their portfolio ELM GROVE, WI 16,92716.9k $141.5k $141.5k 0.03% Reduced -4.3k -4,348
76 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,91916.9k $141.4k $141.4k 0.00% Added +4.2k +4,237
77 Capital CS Group, LLC 0.22% of their portfolio IRVINE, CA 16,53916.5k $138.3k $138.3k 0.22% Added +252 +252
78 A4 Wealth Advisors LLC 0.12% of their portfolio HUNTERSVILLE, NC 15,97216.0k $133.5k $133.5k 0.12% Reduced -11.8k -11,772
79 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 15,91615.9k $133.1k $133.1k 0.00% Reduced -14 -14
80 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,00015.0k $125.4k $125.4k 0.00% New
81 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 12,77312.8k $106.8k $106.8k 0.00% Unchanged
82 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.01% of their portfolio ST. LOUIS, MO 12,51612.5k $104.6k $104.6k 0.01% Added +653 +653
83 NWF Advisory Services Inc. 0.01% of their portfolio Los Angeles, CA 12,50012.5k $104.5k $104.5k 0.01% New
84 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 12,07712.1k $101.0k $101.0k 0.00% Added +499 +499
85 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 11,91011.9k $99.6k $99.6k 0.00% Reduced -2.6k -2,566
86 Redhawk Wealth Advisors, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 11,89211.9k $99.4k $99.4k 0.01% Reduced -12.9k -12,862
87 HARBOR INVESTMENT ADVISORY, LLC 0.01% of their portfolio LUTHERVILLE, MD 11,20411.2k $93.7k $93.7k 0.01% Unchanged
88 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 10,76010.8k $90.0k $90.0k 0.00% Added +500 +500
89 MONEY CONCEPTS CAPITAL CORP 0.00% of their portfolio PALM BEACH GARDENS, FL 10,60110.6k $88.6k $88.6k 0.00% Reduced -5.3k -5,300
90 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 10,18910.2k $85.2k $85.2k 0.00% New
91 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,17110.2k $85.0k $85.0k 0.00% Reduced -16.4k -16,403
92 Valmark Advisers, Inc. 0.00% of their portfolio AKRON, OH 10,00010.0k $83.6k $83.6k 0.00% Unchanged
93 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 10,00010.0k $83.6k $83.6k 0.00% Unchanged
94 Marshall Financial Group, LLC 0.02% of their portfolio Hunt Valley, MD 10,00010.0k $83.6k $83.6k 0.02% Unchanged
95 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 7,9608.0k $66.5k $66.5k 0.00% Added +6.0k +5,989
96 Anfield Capital Management, LLC 0.02% of their portfolio IRVINE, CA 6,5286.5k $54.6k $54.6k 0.02% Unchanged
97 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,5056.5k $54.4k $54.4k 0.00% Unchanged
98 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,8045.8k $48.5k $48.5k 0.00% Added +1.0k +1,000
99 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 5,5005.5k $46.0k $46.0k 0.00% Unchanged
100 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 4,8644.9k $40.6k $40.6k 0.00% Unchanged