Credit Suisse Asset Management Income Fund
CIK
49 hedge funds and large institutions have $24.6M invested in Credit Suisse Asset Management Income Fund in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 9 closing their positions.
2.06% more ownership
Funds ownership: 14.18% → 16.25% (+2.1%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $25.7M → $24.6M (-$1.16M)
4% less funds holding
Funds holding: 51 → 49 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.89M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.41M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$429K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$269K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
-$1.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$288K |
| 3 |
Morgan Stanley
New York
|
-$200K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$185K |
| 5 |
CAM
Columbia Asset Management
Ann Arbor,
Michigan
|
-$128K |
CIK Hedge Fund Activity: Q3 2015 in Review
49 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse Asset Management Income Fund (CIK) for Q3 2015, worth a combined $24.6M — down 4.5% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CIK and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Saba Capital Management, adding an estimated $1.89M. The largest seller was L.J. Altfest & Co, exiting entirely with an estimated $1.83M sold.
- 49 institutional investors held Credit Suisse Asset Management Income Fund (CIK) as of Q3 2015, down from 51 in Q2 2015.
- Funds reported $24.6M of Credit Suisse Asset Management Income Fund stock for Q3 2015, down 4.5% quarter-over-quarter.
- 7 funds opened new Credit Suisse Asset Management Income Fund positions in Q3 2015 and 9 closed out, a net change of -2 holders.
- The largest Credit Suisse Asset Management Income Fund buyer in Q3 2015 was Saba Capital Management, an estimated $1.89M added.
- The largest Credit Suisse Asset Management Income Fund seller in Q3 2015 was L.J. Altfest & Co, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2015.