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Crescent Capital BDC

39 hedge funds and large institutions have $172M invested in Crescent Capital BDC in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

11% more capital invested

Capital invested by funds: $154M → $172M (+$17.4M)

5% more funds holding

Funds holding: 3739 (+2)

2.23% more ownership

Funds ownership: 37.48%39.72% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
0.68%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
4
Increased
14
Reduced
11
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FFH
1
Fairfax Financial Holdings
Ontario, Canada
$64.7M
FNF
2
Fidelity National Financial
Florida
$51.6M
CAM
3
Cresset Asset Management
Illinois
$24.9M +$7.7M +472,156 +50%
C
4
Cliffwater
California
$7.36M +$1.44M +88,089 +26%
PAIM
5
Punch & Associates Investment Management
Minnesota
$4.23M -$481K -29,517 -11%
CCM
6
Callodine Capital Management
Massachusetts
$2.42M +$838K +51,368 +58%
BAIA
7
Bel Air Investment Advisors
California
$2.3M +$2.18M +133,633 New
RJA
8
Raymond James & Associates
Florida
$2.18M -$1.25M -76,542 -38%
BI
9
Bulldog Investors
New Jersey
$1.96M -$467K -28,640 -20%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$1.28M +$47K +2,881 +4%
PI
11
Putnam Investments
Massachusetts
$1.19M -$32.6K -2,000 -3%
CCA
12
Cobblestone Capital Advisors
New York
$877K +$277K +17,015 +50%
CIM
13
Confluence Investment Management
Missouri
$816K -$254K -15,546 -25%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$787K -$126K -7,739 -14%
SM
15
Salzhauer Michael
$778K
Millennium Management
16
Millennium Management
New York
$688K +$71.6K +4,392 +12%
HighTower Advisors
17
HighTower Advisors
Illinois
$477K +$168K +10,280 +59%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$464K -$122K -7,479 -22%
UBS Group
19
UBS Group
Switzerland
$426K +$49.2K +3,019 +14%
EGA
20
Eagle Global Advisors
Texas
$369K +$154K +9,460 +79%
SVWAG
21
Sound View Wealth Advisors Group
Georgia
$352K +$107K +6,571 +47%
LP
22
LMR Partners
United Kingdom
$321K -$273K -16,723 -47%
Citadel Advisors
23
Citadel Advisors
Florida
$204K +$194K +11,875 New
Geode Capital Management
24
Geode Capital Management
Massachusetts
$192K +$183K +11,222 New
AAM
25
Advisors Asset Management
Colorado
$175K -$12.6K -770 -7%

CCAP Hedge Fund Activity: Q1 2021 in Review

39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q1 2021, worth a combined $172M — up 11% from $154M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new CCAP positions and 2 closed out — a net gain of 2 holders — while 14 added to existing stakes and 11 trimmed.

The largest buyer was Cresset Asset Management, adding an estimated $7.7M. The largest seller was Raymond James & Associates, cutting an estimated $1.25M.

  • 39 institutional investors held Crescent Capital BDC (CCAP) as of Q1 2021, up from 37 in Q4 2020.
  • Funds reported $172M of Crescent Capital BDC stock for Q1 2021, up 11% quarter-over-quarter.
  • 4 funds opened new Crescent Capital BDC positions in Q1 2021 and 2 closed out, a net change of +2 holders.
  • The largest Crescent Capital BDC buyer in Q1 2021 was Cresset Asset Management, an estimated $7.7M added.
  • The largest Crescent Capital BDC seller in Q1 2021 was Raymond James & Associates, an estimated $1.25M sold.

Based on aggregated 13F filings for Q1 2021.