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Crescent Capital BDC

94 hedge funds and large institutions have $355M invested in Crescent Capital BDC in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

4.07% more ownership

Funds ownership: 64.28%68.34% (+4.1%)

1% more funds holding

Funds holding: 9394 (+1)

5% more capital invested

Capital invested by funds: $340M → $355M (+$15.6M)

3% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 29

94% less call options, than puts

Call options by funds: $1K | Put options by funds: $17K

Holders
94
Holders Change
+1
Holders Change %
+1.08%
% of All Funds
1.14%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
16
Increased
30
Reduced
29
Closed
10
Calls
$1K
Puts
$17K
Net Calls
-$16K
Net Calls Change
+$24K
Name Holding Trade Value Shares
Change
Change in
Stake
TCDRS
1
Texas County & District Retirement System
Texas
$70.3M
FNF
2
Fidelity National Financial
Florida
$59.1M
Blackstone Inc
3
Blackstone Inc
New York
$59.1M
SLF
4
Sun Life Financial
Ontario, Canada
$31.3M
CC
5
CF Capital
Massachusetts
$11.7M +$5.93M +417,312 +100%
Invesco
6
Invesco
Georgia
$9.27M +$8.79M +618,590 +1,505%
AM
7
Ares Management
California
$7.26M
Franklin Resources
8
Franklin Resources
California
$6.87M -$731K -51,479 -10%
BI
9
Bulldog Investors
New Jersey
$6.43M +$284K +20,000 +5%
Mariner
10
Mariner
Kansas
$6.37M +$21.2K +1,492 +0.3%
AC
11
Almitas Capital
California
$6.24M +$963K +67,773 +18%
Focus Partners Wealth
12
Focus Partners Wealth
Massachusetts
$5.48M +$5.54M +389,766 New
CCM
13
Condor Capital Management
New Jersey
$5.15M +$569K +40,028 +12%
AGC
14
Aspen Grove Capital
Colorado
$3.76M -$14K -986 -0.4%
Two Sigma Investments
15
Two Sigma Investments
New York
$3.63M -$160K -11,241 -4%
Raymond James Financial
16
Raymond James Financial
Florida
$3.62M -$257K -18,104 -7%
BlackRock
17
BlackRock
New York
$3.19M -$87.2K -6,136 -3%
CEFA
18
Closed-End Fund Advisors
Virginia
$3.17M +$3.2M +225,312 New
UBS Group
19
UBS Group
Switzerland
$3.12M +$576K +40,526 +22%
Wells Fargo
20
Wells Fargo
California
$2.75M -$892K -62,770 -24%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$2.58M -$1.11M -78,200 -30%
HWAM
22
Hennion & Walsh Asset Management
New Jersey
$2.44M +$125K +8,769 +5%
TI
23
Trexquant Investment
Connecticut
$2.44M +$1.46M +102,662 +145%
VanEck Associates
24
VanEck Associates
New York
$2.23M +$79.3K +5,578 +4%
MC
25
Muzinich & Co
New York
$2.15M +$228K +16,026 +12%

CCAP Hedge Fund Activity: Q4 2025 in Review

94 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Crescent Capital BDC (CCAP) for Q4 2025, worth a combined $355M — up 4.6% from $340M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new CCAP positions and 10 closed out — a net gain of 6 holders — while 30 added to existing stakes and 29 trimmed.

The largest buyer was Invesco, adding an estimated $8.79M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $4.93M sold.

  • 94 institutional investors held Crescent Capital BDC (CCAP) as of Q4 2025, up from 93 in Q3 2025.
  • Funds reported $355M of Crescent Capital BDC stock for Q4 2025, up 4.6% quarter-over-quarter.
  • 16 funds opened new Crescent Capital BDC positions in Q4 2025 and 10 closed out, a net change of +6 holders.
  • The largest Crescent Capital BDC buyer in Q4 2025 was Invesco, an estimated $8.79M added.
  • The largest Crescent Capital BDC seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $4.93M sold.

Based on aggregated 13F filings for Q4 2025.