Crescent Capital BDC
CCAP
39 hedge funds and large institutions have $172M invested in Crescent Capital BDC in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
11% more capital invested
Capital invested by funds: $154M → $172M (+$17.4M)
5% more funds holding
Funds holding: 37 → 39 (+2)
2.23% more ownership
Funds ownership: 37.48% → 39.72% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VEA
26
Virtus ETF Advisers
New York
| $170K | +$29.8K | +1,825 | +23% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $115K | +$87.2K | +5,350 | +382% |
|
28
LSV Asset Management
Chicago,
Illinois
| $70K | – | – | – |
|
|
IAIM
29
International Assets Investment Management
Orlando,
Florida
| $60K | – | – | – |
|
|
PG
30
Proffitt & Goodson
Knoxville,
Tennessee
| $58K | -$59.2K | -3,631 | -52% |
|
|
FIA
31
FNY Investment Advisers
New York
| $31K | +$587 | +36 | +2% |
|
32
Citigroup
New York
| $29K | +$473 | +29 | +2% |
|
33
Acadian Asset Management
Boston,
Massachusetts
| $26K | – | – | – |
|
|
TWM
34
Tradition Wealth Management
Edina,
Minnesota
| $16K | +$15.1K | +928 | New |
|
35
Morgan Stanley
New York
| $14K | – | – | – |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $8K | -$22.9K | -1,407 | -74% |
|
37
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | – | – | – |
|
|
OC
38
Oppenheimer & Co
New York
| – | -$164K | -11,256 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | -$16 | -1 | Closed |
|
CCAP Hedge Fund Activity: Q1 2021 in Review
39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q1 2021, worth a combined $172M — up 11% from $154M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CCAP positions and 2 closed out — a net gain of 2 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Cresset Asset Management, adding an estimated $7.7M. The largest seller was Raymond James & Associates, cutting an estimated $1.25M.
- 39 institutional investors held Crescent Capital BDC (CCAP) as of Q1 2021, up from 37 in Q4 2020.
- Funds reported $172M of Crescent Capital BDC stock for Q1 2021, up 11% quarter-over-quarter.
- 4 funds opened new Crescent Capital BDC positions in Q1 2021 and 2 closed out, a net change of +2 holders.
- The largest Crescent Capital BDC buyer in Q1 2021 was Cresset Asset Management, an estimated $7.7M added.
- The largest Crescent Capital BDC seller in Q1 2021 was Raymond James & Associates, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2021.