Credit Suisse Asset Management Income Fund
CIK
50 hedge funds and large institutions have $26.3M invested in Credit Suisse Asset Management Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
7% more capital invested
Capital invested by funds: $24.6M → $26.3M (+$1.78M)
2% more funds holding
Funds holding: 49 → 50 (+1)
1.89% more ownership
Funds ownership: 16.25% → 18.13% (+1.9%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.77M |
| 2 |
Citigroup
New York
|
+$1.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$772K |
| 5 |
SG Americas Securities
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.12M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.85M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$315K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$157K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$315K | -111,133 | Closed |
|
|
ICM
52
Ionic Capital Management
New York
| – | -$157K | -55,711 | Closed |
|
|
CA
53
Cornerstone Advisors
Asheville,
North Carolina
| – | -$92K | -32,550 | Closed |
|
|
SFM
54
Signet Financial Management
Parsippany,
New Jersey
| – | -$58K | -20,450 | Closed |
|
|
FNT
55
First Nebraska Trust
Lincoln,
Nebraska
| – | -$44.6K | -15,775 | Closed |
|
|
SIM
56
Sonora Investment Management
Tucson,
Arizona
| – | -$3K | -900 | Closed |
|
|
LFR
57
Lehman Financial Resources
Media,
Pennsylvania
| – | -$1K | -634 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$1K | -200 | Closed |
|
59
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$31 | +11 | New |
|
CIK Hedge Fund Activity: Q4 2015 in Review
50 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse Asset Management Income Fund (CIK) for Q4 2015, worth a combined $26.3M — up 7.3% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CIK positions and 10 closed out — a net gain of 1 holder — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.77M. The largest seller was Morgan Stanley, cutting an estimated $2.12M.
- 50 institutional investors held Credit Suisse Asset Management Income Fund (CIK) as of Q4 2015, up from 49 in Q3 2015.
- Funds reported $26.3M of Credit Suisse Asset Management Income Fund stock for Q4 2015, up 7.3% quarter-over-quarter.
- 11 funds opened new Credit Suisse Asset Management Income Fund positions in Q4 2015 and 10 closed out, a net change of +1 holder.
- The largest Credit Suisse Asset Management Income Fund buyer in Q4 2015 was Saba Capital Management, an estimated $3.77M added.
- The largest Credit Suisse Asset Management Income Fund seller in Q4 2015 was Morgan Stanley, an estimated $2.12M sold.
Based on aggregated 13F filings for Q4 2015.