Credit Suisse Asset Management Income Fund
CIK
52 hedge funds and large institutions have $31.3M invested in Credit Suisse Asset Management Income Fund in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
19% more capital invested
Capital invested by funds: $26.3M → $31.3M (+$4.98M)
4% more funds holding
Funds holding: 50 → 52 (+2)
2.78% more ownership
Funds ownership: 18.13% → 20.91% (+2.8%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.75M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$838K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$344K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$249K |
| 5 |
LPL Financial
San Diego,
California
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.48M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$556K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$333K |
| 4 |
SG Americas Securities
New York
|
-$244K |
| 5 |
SA
Strategic Advisors
New York
|
-$214K |
CIK Hedge Fund Activity: Q1 2016 in Review
52 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Credit Suisse Asset Management Income Fund (CIK) for Q1 2016, worth a combined $31.3M — up 19% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CIK positions and 6 closed out — a net gain of 2 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.75M. The largest seller was Citigroup, cutting an estimated $2.48M.
- 52 institutional investors held Credit Suisse Asset Management Income Fund (CIK) as of Q1 2016, up from 50 in Q4 2015.
- Funds reported $31.3M of Credit Suisse Asset Management Income Fund stock for Q1 2016, up 19% quarter-over-quarter.
- 8 funds opened new Credit Suisse Asset Management Income Fund positions in Q1 2016 and 6 closed out, a net change of +2 holders.
- The largest Credit Suisse Asset Management Income Fund buyer in Q1 2016 was Saba Capital Management, an estimated $5.75M added.
- The largest Credit Suisse Asset Management Income Fund seller in Q1 2016 was Citigroup, an estimated $2.48M sold.
Based on aggregated 13F filings for Q1 2016.