Capitala Finance Corp. 5.75% Convertible Notes Due 2022
CPTAG
CPTAG was delisted on the 27th of May, 2022.
7 hedge funds and large institutions have $3.85M invested in Capitala Finance Corp. 5.75% Convertible Notes Due 2022 in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
8% less capital invested
Capital invested by funds: $4.19M → $3.85M (-$335K)
30% less funds holding
Funds holding: 10 → 7 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$414K |
| 2 |
BlackRock
New York
|
+$300K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$54.7K |
| 4 |
Morgan Stanley
New York
|
+$16.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LDR Capital Management
New York
|
-$394K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$47.1K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$24.4K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$10K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.18K |
CPTAG Hedge Fund Activity: Q4 2019 in Review
7 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Capitala Finance Corp. 5.75% Convertible Notes Due 2022 (CPTAG) for Q4 2019, worth a combined $3.85M — down 8% from $4.19M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CPTAG and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Truist Financial, opening a new position worth an estimated $414K. The largest seller was LDR Capital Management, exiting entirely with an estimated $394K sold.
- 7 institutional investors held Capitala Finance Corp. 5.75% Convertible Notes Due 2022 (CPTAG) as of Q4 2019, down from 10 in Q3 2019.
- Funds reported $3.85M of Capitala Finance Corp. 5.75% Convertible Notes Due 2022 stock for Q4 2019, down 8% quarter-over-quarter.
- 2 funds opened new Capitala Finance Corp. 5.75% Convertible Notes Due 2022 positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest Capitala Finance Corp. 5.75% Convertible Notes Due 2022 buyer in Q4 2019 was Truist Financial, an estimated $414K added.
- The largest Capitala Finance Corp. 5.75% Convertible Notes Due 2022 seller in Q4 2019 was LDR Capital Management, an estimated $394K sold.
Based on aggregated 13F filings for Q4 2019.