Credit Suisse Asset Management Income Fund
CIK
47 hedge funds and large institutions have $32.3M invested in Credit Suisse Asset Management Income Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
3% more capital invested
Capital invested by funds: $31.3M → $32.3M (+$965K)
0.17% more ownership
Funds ownership: 20.91% → 21.08% (+0.17%)
10% less funds holding
Funds holding: 52 → 47 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.68M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.01M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$736K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$507K |
| 5 |
SA
Strategic Advisors
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.93M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$724K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$589K |
| 4 |
LPL Financial
San Diego,
California
|
-$281K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICOA
51
Investment Centers of America
Bismarck,
North Dakota
| – | -$30K | -10,442 | Closed |
|
|
BA
52
BlackRock Advisors
Wilmington,
Delaware
| – | -$28K | -9,686 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$21K | -7,350 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$12K | -4,300 | Closed |
|
55
Citigroup
New York
| – | -$99 | -34 | -34% |
|
CIK Hedge Fund Activity: Q2 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse Asset Management Income Fund (CIK) for Q2 2016, worth a combined $32.3M — up 3.1% from $31.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CIK and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.68M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.93M sold.
- 47 institutional investors held Credit Suisse Asset Management Income Fund (CIK) as of Q2 2016, down from 52 in Q1 2016.
- Funds reported $32.3M of Credit Suisse Asset Management Income Fund stock for Q2 2016, up 3.1% quarter-over-quarter.
- 6 funds opened new Credit Suisse Asset Management Income Fund positions in Q2 2016 and 10 closed out, a net change of -4 holders.
- The largest Credit Suisse Asset Management Income Fund buyer in Q2 2016 was Rivernorth Capital Management, an estimated $1.68M added.
- The largest Credit Suisse Asset Management Income Fund seller in Q2 2016 was City of London Investment Management, an estimated $1.93M sold.
Based on aggregated 13F filings for Q2 2016.