Capital Southwest
CSWC
136 hedge funds and large institutions have $242M invested in Capital Southwest in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 48 increasing their positions, 29 reducing their positions, and 12 closing their positions.
217% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 12
72% more call options, than puts
Call options by funds: $3.83M | Put options by funds: $2.23M
66% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 29
23% more capital invested
Capital invested by funds: $196M → $242M (+$45.4M)
19% more funds holding
Funds holding: 114 → 136 (+22)
4.07% more ownership
Funds ownership: 21.44% → 25.5% (+4.1%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$8.1M |
| 2 |
Two Sigma Advisers
New York
|
+$4.04M |
| 3 |
Two Sigma Investments
New York
|
+$3.87M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.92M |
| 5 |
Millennium Management
New York
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$15.3M |
| 2 |
GA
GraniteShares Advisors
New York
|
-$1.95M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.3M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$749K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$711K |
CSWC Hedge Fund Activity: Q4 2023 in Review
136 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Capital Southwest (CSWC) for Q4 2023, worth a combined $242M — up 23% from $196M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CSWC positions and 12 closed out — a net gain of 26 holders — while 48 added to existing stakes and 29 trimmed.
The largest buyer was Beacon Pointe Advisors, adding an estimated $8.1M. The largest seller was Sanders Morris Harris, exiting entirely with an estimated $15.3M sold.
- 136 institutional investors held Capital Southwest (CSWC) as of Q4 2023, up from 114 in Q3 2023.
- Funds reported $242M of Capital Southwest stock for Q4 2023, up 23% quarter-over-quarter.
- 38 funds opened new Capital Southwest positions in Q4 2023 and 12 closed out, a net change of +26 holders.
- The largest Capital Southwest buyer in Q4 2023 was Beacon Pointe Advisors, an estimated $8.1M added.
- The largest Capital Southwest seller in Q4 2023 was Sanders Morris Harris, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2023.