Alpine Global Management LLC Raises Stake in Total Return Securities, Inc. $SWZ

Alpine Global Management LLC lifted its holdings in shares of Total Return Securities, Inc. (NYSE:SWZ) by 372.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 413,169 shares of the closed-end fund’s stock after buying an additional 325,669 shares during the period. Alpine Global Management LLC’s holdings in Total Return Securities were worth $2,570,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SWZ. Matisse Capital grew its holdings in shares of Total Return Securities by 0.5% during the fourth quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock worth $3,794,000 after buying an additional 3,000 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Total Return Securities by 58.3% in the third quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock valued at $84,000 after purchasing an additional 5,100 shares during the period. Susquehanna International Group LLP increased its holdings in shares of Total Return Securities by 89.6% in the third quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock valued at $117,000 after purchasing an additional 9,126 shares during the period. Marex Group plc purchased a new stake in shares of Total Return Securities during the fourth quarter worth approximately $62,000. Finally, Bank of America Corp DE raised its stake in shares of Total Return Securities by 375.2% during the fourth quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock worth $102,000 after purchasing an additional 10,795 shares during the last quarter. Institutional investors and hedge funds own 41.12% of the company’s stock.

Insider Buying and Selling at Total Return Securities

In other Total Return Securities news, CEO Andrew Dakos acquired 5,500 shares of the stock in a transaction on Thursday, May 28th. The shares were bought at an average price of $5.99 per share, with a total value of $32,945.00. Following the acquisition, the chief executive officer owned 126,000 shares of the company’s stock, valued at $754,740. This trade represents a 4.56% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought a total of 39,385 shares of company stock valued at $236,212 over the last quarter. 0.03% of the stock is owned by insiders.

Total Return Securities Price Performance

Shares of SWZ opened at $5.92 on Friday. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.43. The company’s fifty day moving average is $6.00 and its two-hundred day moving average is $6.06.

About Total Return Securities

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.