Crescent Capital BDC
CCAP
37 hedge funds and large institutions have $154M invested in Crescent Capital BDC in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $129M → $154M (+$25.4M)
9% more funds holding
Funds holding: 34 → 37 (+3)
1.41% more ownership
Funds ownership: 36.07% → 37.48% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$6.75M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$626K |
| 4 |
CCA
Cobblestone Capital Advisors
Rochester,
New York
|
+$467K |
| 5 |
SVWAG
Sound View Wealth Advisors Group
Savannah,
Georgia
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.03M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$1.03M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$547K |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
-$477K |
| 5 |
Millennium Management
New York
|
-$407K |
CCAP Hedge Fund Activity: Q4 2020 in Review
37 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q4 2020, worth a combined $154M — up 20% from $129M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CCAP positions and 5 closed out — a net gain of 3 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Cresset Asset Management, adding an estimated $6.75M. The largest seller was Punch & Associates Investment Management, cutting an estimated $1.03M.
- 37 institutional investors held Crescent Capital BDC (CCAP) as of Q4 2020, up from 34 in Q3 2020.
- Funds reported $154M of Crescent Capital BDC stock for Q4 2020, up 20% quarter-over-quarter.
- 8 funds opened new Crescent Capital BDC positions in Q4 2020 and 5 closed out, a net change of +3 holders.
- The largest Crescent Capital BDC buyer in Q4 2020 was Cresset Asset Management, an estimated $6.75M added.
- The largest Crescent Capital BDC seller in Q4 2020 was Punch & Associates Investment Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2020.