Crescent Capital BDC
CCAP
31 hedge funds and large institutions have $212M invested in Crescent Capital BDC in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 13 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
5% more capital invested
Capital invested by funds: $203M → $212M (+$9.19M)
0.94% more ownership
Funds ownership: 38.36% → 39.3% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 35 → 31 (-4)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLF
Sun Life Financial
Toronto,
Ontario, Canada
|
+$7.34M |
| 2 |
BlackRock
New York
|
+$3.66M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.54M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.41M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$4.15M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.14M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$488K |
| 4 |
SM
Salzhauer Michael
|
-$479K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$449K |
CCAP Hedge Fund Activity: Q3 2021 in Review
31 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q3 2021, worth a combined $212M — up 4.5% from $203M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CCAP and 10 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 13 added.
The largest buyer was Sun Life Financial, adding an estimated $7.34M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $4.15M sold.
- 31 institutional investors held Crescent Capital BDC (CCAP) as of Q3 2021, down from 35 in Q2 2021.
- Funds reported $212M of Crescent Capital BDC stock for Q3 2021, up 4.5% quarter-over-quarter.
- 10 funds opened new Crescent Capital BDC positions in Q3 2021 and 13 closed out, a net change of -3 holders.
- The largest Crescent Capital BDC buyer in Q3 2021 was Sun Life Financial, an estimated $7.34M added.
- The largest Crescent Capital BDC seller in Q3 2021 was Punch & Associates Investment Management, an estimated $4.15M sold.
Based on aggregated 13F filings for Q3 2021.