Crescent Capital BDC
CCAP
70 hedge funds and large institutions have $317M invested in Crescent Capital BDC in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 9 closing their positions.
112% more call options, than puts
Call options by funds: $542K | Put options by funds: $256K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
15% more capital invested
Capital invested by funds: $275M → $317M (+$41.7M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0.54% more ownership
Funds ownership: 49.02% → 49.55% (+0.54%)
0% more funds holding
Funds holding: 70 → 70 (0)
Top Buyers
| 1 |
SLF
Sun Life Financial
Toronto,
Ontario, Canada
|
+$7.7M |
| 2 |
Millennium Management
New York
|
+$2.69M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$967K |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$730K |
| 5 |
Two Sigma Investments
New York
|
+$533K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAP
76
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$238K | -15,752 | Closed |
|
77
D.E. Shaw & Co
New York
| – | -$179K | -11,800 | Closed |
|
|
ACM
78
Aquatic Capital Management
Chicago,
Illinois
| – | -$14K | -900 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | -$30 | -2 | Closed |
|
CCAP Hedge Fund Activity: Q3 2023 in Review
70 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q3 2023, worth a combined $317M — up 15% from $275M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CCAP positions and 9 closed out — a net gain of 1 holder — while 24 added to existing stakes and 18 trimmed.
The largest buyer was Sun Life Financial, adding an estimated $7.7M. The largest seller was Callodine Capital Management, cutting an estimated $3.28M.
- 70 institutional investors held Crescent Capital BDC (CCAP) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $317M of Crescent Capital BDC stock for Q3 2023, up 15% quarter-over-quarter.
- 10 funds opened new Crescent Capital BDC positions in Q3 2023 and 9 closed out, a net change of +1 holder.
- The largest Crescent Capital BDC buyer in Q3 2023 was Sun Life Financial, an estimated $7.7M added.
- The largest Crescent Capital BDC seller in Q3 2023 was Callodine Capital Management, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2023.