Crescent Capital BDC
CCAP
57 hedge funds and large institutions have $214M invested in Crescent Capital BDC in 2022 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more call options, than puts
Call options by funds: $164K | Put options by funds: $106K
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
26% more capital invested
Capital invested by funds: $170M → $214M (+$44.2M)
21% more funds holding
Funds holding: 47 → 57 (+10)
17.63% more ownership
Funds ownership: 36.61% → 54.24% (+18%)
Top Buyers
| 1 |
RVPG
Relative Value Partners Group
|
+$5.94M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.56M |
| 3 |
Millennium Management
New York
|
+$1.21M |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$731K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$403K |
Top Sellers
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$2.77M |
| 2 |
Morgan Stanley
New York
|
-$2.13M |
| 3 |
Two Sigma Investments
New York
|
-$375K |
| 4 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
-$247K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
51
Antonetti Capital Management
Naples,
Florida
| $14.1K | – | – | – |
|
|
TWM
52
Tradition Wealth Management
Edina,
Minnesota
| $14K | +$448 | +33 | +3% |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $9K | +$9.32K | +687 | New |
|
|
RBC
54
Romano Brothers & Co
Evanston,
Illinois
| $8.95K | +$9.5K | +700 | New |
|
|
PA
55
PSI Advisors
Tampa,
Florida
| $5.75K | – | – | – |
|
|
KFI
56
Key Financial Inc
West Chester,
Pennsylvania
| $3.75K | – | – | – |
|
|
BAM
57
Belpointe Asset Management
Reno,
Nevada
| $1.92K | +$2.04K | +150 | New |
|
|
VIA
58
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$247K | -16,455 | Closed |
|
|
AWM
59
AE Wealth Management
Topeka,
Kansas
| – | -$154K | -10,238 | Closed |
|
60
Acadian Asset Management
Boston,
Massachusetts
| – | -$33K | -2,261 | Closed |
|
|
IA
61
IFP Advisors
Tampa,
Florida
| – | -$9K | -555 | Closed |
|
CCAP Hedge Fund Activity: Q4 2022 in Review
57 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q4 2022, worth a combined $214M — up 26% from $170M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CCAP positions and 4 closed out — a net gain of 10 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $5.94M. The largest seller was Cresset Asset Management, cutting an estimated $2.77M.
- 57 institutional investors held Crescent Capital BDC (CCAP) as of Q4 2022, up from 47 in Q3 2022.
- Funds reported $214M of Crescent Capital BDC stock for Q4 2022, up 26% quarter-over-quarter.
- 14 funds opened new Crescent Capital BDC positions in Q4 2022 and 4 closed out, a net change of +10 holders.
- The largest Crescent Capital BDC buyer in Q4 2022 was Relative Value Partners Group, an estimated $5.94M added.
- The largest Crescent Capital BDC seller in Q4 2022 was Cresset Asset Management, an estimated $2.77M sold.
Based on aggregated 13F filings for Q4 2022.