Capital Southwest
CSWC
46 hedge funds and large institutions have $149M invested in Capital Southwest in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more capital invested
Capital invested by funds: $134M → $149M (+$14.9M)
2% less funds holding
Funds holding: 47 → 46 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$3.54M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$951K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$438K |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
+$377K |
| 5 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$829K |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$406K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$305K |
| 4 |
Morgan Stanley
New York
|
-$253K |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| – | -$15 | -1 | Closed |
|
CSWC Hedge Fund Activity: Q3 2016 in Review
46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Capital Southwest (CSWC) for Q3 2016, worth a combined $149M — up 11% from $134M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CSWC and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 15 added.
The largest buyer was Ariel Investments, adding an estimated $3.54M. The largest seller was First Manhattan, cutting an estimated $829K.
- 46 institutional investors held Capital Southwest (CSWC) as of Q3 2016, down from 47 in Q2 2016.
- Funds reported $149M of Capital Southwest stock for Q3 2016, up 11% quarter-over-quarter.
- 4 funds opened new Capital Southwest positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Capital Southwest buyer in Q3 2016 was Ariel Investments, an estimated $3.54M added.
- The largest Capital Southwest seller in Q3 2016 was First Manhattan, an estimated $829K sold.
Based on aggregated 13F filings for Q3 2016.