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Crescent Capital BDC

35 hedge funds and large institutions have $203M invested in Crescent Capital BDC in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more capital invested

Capital invested by funds: $172M → $203M (+$31.3M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.35% less ownership

Funds ownership: 39.72%38.36% (-1.4%)

10% less funds holding

Funds holding: 3935 (-4)

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

53% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 15

Holders
35
Holders Change
-4
Holders Change %
-10.26%
% of All Funds
0.61%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
7
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FNF
1
Fidelity National Financial
Florida
$78.9M
FFH
2
Fairfax Financial Holdings
Ontario, Canada
$70.8M
CAM
3
Cresset Asset Management
Illinois
$25.1M -$1.97M -106,146 -8%
C
4
Cliffwater
California
$4.33M -$3.66M -197,589 -46%
PAIM
5
Punch & Associates Investment Management
Minnesota
$4.15M -$468K -25,253 -10%
CCM
6
Callodine Capital Management
Massachusetts
$3.28M +$637K +34,366 +24%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$2.93M +$1.5M +81,171 +109%
BAIA
8
Bel Air Investment Advisors
California
$2.51M
BI
9
Bulldog Investors
New Jersey
$2.14M
PI
10
Putnam Investments
Massachusetts
$1.26M -$41.5K -2,240 -3%
CCA
11
Cobblestone Capital Advisors
New York
$958K
CIM
12
Confluence Investment Management
Missouri
$898K +$6.91K +373 +0.8%
RJA
13
Raymond James & Associates
Florida
$740K -$1.62M -87,336 -69%
HighTower Advisors
14
HighTower Advisors
Illinois
$507K -$13.9K -752 -3%
Millennium Management
15
Millennium Management
New York
$506K -$242K -13,075 -33%
UBS Group
16
UBS Group
Switzerland
$505K +$39.2K +2,117 +9%
SM
17
Salzhauer Michael
$479K -$366K -19,746 -44%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$449K +$443K +23,922 New
EGA
19
Eagle Global Advisors
Texas
$389K -$13.7K -740 -3%
CA
20
Cetera Advisors
Colorado
$353K +$348K +18,800 New
SVWAG
21
Sound View Wealth Advisors Group
Georgia
$291K -$92.6K -5,000 -24%
SLF
22
Sun Life Financial
Ontario, Canada
$283K +$279K +15,077 New
VEA
23
Virtus ETF Advisers
New York
$249K +$62.2K +3,357 +34%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$249K +$246K +13,300 New
Geode Capital Management
25
Geode Capital Management
Massachusetts
$210K

CCAP Hedge Fund Activity: Q2 2021 in Review

35 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q2 2021, worth a combined $203M — up 18% from $172M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of CCAP and 4 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 7 added.

The largest buyer was Mackenzie Financial, adding an estimated $1.5M. The largest seller was Cliffwater, cutting an estimated $3.66M.

  • 35 institutional investors held Crescent Capital BDC (CCAP) as of Q2 2021, down from 39 in Q1 2021.
  • Funds reported $203M of Crescent Capital BDC stock for Q2 2021, up 18% quarter-over-quarter.
  • 4 funds opened new Crescent Capital BDC positions in Q2 2021 and 8 closed out, a net change of -4 holders.
  • The largest Crescent Capital BDC buyer in Q2 2021 was Mackenzie Financial, an estimated $1.5M added.
  • The largest Crescent Capital BDC seller in Q2 2021 was Cliffwater, an estimated $3.66M sold.

Based on aggregated 13F filings for Q2 2021.