Credit Suisse Asset Management Income Fund
CIK
50 hedge funds and large institutions have $36.3M invested in Credit Suisse Asset Management Income Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 48 → 50 (+2)
2% less capital invested
Capital invested by funds: $36.9M → $36.3M (-$623K)
1.26% less ownership
Funds ownership: 22.31% → 21.05% (-1.3%)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$346K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$315K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$306K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$227K |
| 5 |
CAM
Close Asset Management
London,
United Kingdom
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.65M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.11M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$686K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$158K |
| 5 |
LWM
Lyons Wealth Management
Winter Park,
Florida
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SG Americas Securities
New York
| – | -$57K | -17,887 | Closed |
|
|
GC
52
Guggenheim Capital
Chicago,
Illinois
| – | -$49K | -15,606 | Closed |
|
|
LWM
53
Lyons Wealth Management
Winter Park,
Florida
| – | -$114K | -10,000 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -873 | Closed |
|
CIK Hedge Fund Activity: Q1 2017 in Review
50 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse Asset Management Income Fund (CIK) for Q1 2017, worth a combined $36.3M — down 1.7% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CIK positions and 5 closed out — a net gain of 2 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $346K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.65M.
- 50 institutional investors held Credit Suisse Asset Management Income Fund (CIK) as of Q1 2017, up from 48 in Q4 2016.
- Funds reported $36.3M of Credit Suisse Asset Management Income Fund stock for Q1 2017, down 1.7% quarter-over-quarter.
- 7 funds opened new Credit Suisse Asset Management Income Fund positions in Q1 2017 and 5 closed out, a net change of +2 holders.
- The largest Credit Suisse Asset Management Income Fund buyer in Q1 2017 was Sit Investment Associates, an estimated $346K added.
- The largest Credit Suisse Asset Management Income Fund seller in Q1 2017 was Rivernorth Capital Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2017.