CIFC LLC Common Shares
CIFC
CIFC was delisted on the 21st of November, 2016.
23 hedge funds and large institutions have $10.9M invested in CIFC LLC Common Shares in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
45% more capital invested
Capital invested by funds: $7.46M → $10.9M (+$3.39M)
21% more funds holding
Funds holding: 19 → 23 (+4)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$299K |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$143K |
| 3 |
TI
Telemetry Investments
New York
|
+$92K |
| 4 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$89.3K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$31.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
-$1.13M |
| 2 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$155K |
| 3 |
Millennium Management
New York
|
-$97K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$11.8K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$5K |
CIFC Hedge Fund Activity: Q3 2016 in Review
23 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in CIFC LLC Common Shares (CIFC) for Q3 2016, worth a combined $10.9M — up 45% from $7.46M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CIFC positions and 5 closed out — a net gain of 4 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $299K. The largest seller was Raffles Associates, cutting an estimated $1.13M.
- 23 institutional investors held CIFC LLC Common Shares (CIFC) as of Q3 2016, up from 19 in Q2 2016.
- Funds reported $10.9M of CIFC LLC Common Shares stock for Q3 2016, up 45% quarter-over-quarter.
- 9 funds opened new CIFC LLC Common Shares positions in Q3 2016 and 5 closed out, a net change of +4 holders.
- The largest CIFC LLC Common Shares buyer in Q3 2016 was Highland Capital Management (Texas), an estimated $299K added.
- The largest CIFC LLC Common Shares seller in Q3 2016 was Raffles Associates, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2016.