Crescent Capital BDC
CCAP
70 hedge funds and large institutions have $275M invested in Crescent Capital BDC in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 11 closing their positions.
93% more call options, than puts
Call options by funds: $559K | Put options by funds: $289K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
9% more capital invested
Capital invested by funds: $253M → $275M (+$21.5M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1.19% less ownership
Funds ownership: 50.2% → 49.02% (-1.2%)
1% less funds holding
Funds holding: 71 → 70 (-1)
Top Buyers
Top Sellers
CCAP Hedge Fund Activity: Q2 2023 in Review
70 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q2 2023, worth a combined $275M — up 8.5% from $253M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CCAP and 10 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 25 added.
The largest buyer was Millennium Management, adding an estimated $2.58M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $13.3M sold.
- 70 institutional investors held Crescent Capital BDC (CCAP) as of Q2 2023, down from 71 in Q1 2023.
- Funds reported $275M of Crescent Capital BDC stock for Q2 2023, up 8.5% quarter-over-quarter.
- 10 funds opened new Crescent Capital BDC positions in Q2 2023 and 11 closed out, a net change of -1 holder.
- The largest Crescent Capital BDC buyer in Q2 2023 was Millennium Management, an estimated $2.58M added.
- The largest Crescent Capital BDC seller in Q2 2023 was First Eagle Investment Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2023.