Crescent Capital BDC
CCAP
34 hedge funds and large institutions have $129M invested in Crescent Capital BDC in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
17% more funds holding
Funds holding: 29 → 34 (+5)
4% more capital invested
Capital invested by funds: $124M → $129M (+$5M)
0.86% more ownership
Funds ownership: 35.21% → 36.07% (+0.86%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$5.62M |
| 2 |
BGC
Birch Grove Capital
New York
|
+$350K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$189K |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
+$162K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$152K |
Top Sellers
| 1 |
SV
Stilwell Value
New York
|
-$3.24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$186K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$179K |
| 4 |
CPA
Cowen Prime Advisors
New York
|
-$47K |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$41.5K |
CCAP Hedge Fund Activity: Q3 2020 in Review
34 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q3 2020, worth a combined $129M — up 4% from $124M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CCAP positions and 3 closed out — a net gain of 5 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Cresset Asset Management, opening a new position worth an estimated $5.62M. The largest seller was Stilwell Value, exiting entirely with an estimated $3.24M sold.
- 34 institutional investors held Crescent Capital BDC (CCAP) as of Q3 2020, up from 29 in Q2 2020.
- Funds reported $129M of Crescent Capital BDC stock for Q3 2020, up 4% quarter-over-quarter.
- 8 funds opened new Crescent Capital BDC positions in Q3 2020 and 3 closed out, a net change of +5 holders.
- The largest Crescent Capital BDC buyer in Q3 2020 was Cresset Asset Management, an estimated $5.62M added.
- The largest Crescent Capital BDC seller in Q3 2020 was Stilwell Value, an estimated $3.24M sold.
Based on aggregated 13F filings for Q3 2020.