Crescent Capital BDC
CCAP
76 hedge funds and large institutions have $318M invested in Crescent Capital BDC in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 12 reducing their positions, and 7 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 12
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
51% more call options, than puts
Call options by funds: $823K | Put options by funds: $544K
9% more funds holding
Funds holding: 70 → 76 (+6)
0% more capital invested
Capital invested by funds: $317M → $318M (+$1.5M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.11% less ownership
Funds ownership: 49.55% → 49.45% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Aspen Grove Capital
Avon,
Colorado
|
+$2.54M |
| 2 |
MC
Muzinich & Co
New York
|
+$806K |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$806K |
| 4 |
MIA
MMBG Investment Advisors
Miami,
Florida
|
+$585K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$3.02M |
| 2 |
Millennium Management
New York
|
-$2.05M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
-$1.51M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$759K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$520K |
CCAP Hedge Fund Activity: Q4 2023 in Review
76 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q4 2023, worth a combined $318M — up 0.47% from $317M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CCAP positions and 7 closed out — a net gain of 8 holders — while 29 added to existing stakes and 12 trimmed.
The largest buyer was Aspen Grove Capital, adding an estimated $2.54M. The largest seller was Callodine Capital Management, exiting entirely with an estimated $3.02M sold.
- 76 institutional investors held Crescent Capital BDC (CCAP) as of Q4 2023, up from 70 in Q3 2023.
- Funds reported $318M of Crescent Capital BDC stock for Q4 2023, up 0.47% quarter-over-quarter.
- 15 funds opened new Crescent Capital BDC positions in Q4 2023 and 7 closed out, a net change of +8 holders.
- The largest Crescent Capital BDC buyer in Q4 2023 was Aspen Grove Capital, an estimated $2.54M added.
- The largest Crescent Capital BDC seller in Q4 2023 was Callodine Capital Management, an estimated $3.02M sold.
Based on aggregated 13F filings for Q4 2023.