First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
FCRD was delisted on the 9th of March, 2023.
40 hedge funds and large institutions have $34.5M invested in First Eagle Alternative Capital BDC, Inc. Common Stock in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 11 closing their positions.
32% more capital invested
Capital invested by funds: $26M → $34.5M (+$8.44M)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 41 → 40 (-1)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$4.12M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$908K |
| 3 |
VAM
Vazirani Asset Management
New York
|
+$837K |
| 4 |
E
Ergoteles
New York
|
+$685K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.67M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.19M |
| 3 |
Morgan Stanley
New York
|
-$857K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$541K |
| 5 |
PFA
Pettinga Financial Advisors
Evansville,
Indiana
|
-$171K |
FCRD Hedge Fund Activity: Q4 2022 in Review
40 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in First Eagle Alternative Capital BDC, Inc. Common Stock (FCRD) for Q4 2022, worth a combined $34.5M — up 32% from $26M a quarter earlier.
Fund positioning in FCRD was balanced in Q4 2022: 11 funds opened new positions, 11 closed out, 6 added to existing stakes and 14 trimmed.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $4.12M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.67M sold.
- 40 institutional investors held First Eagle Alternative Capital BDC, Inc. Common Stock (FCRD) as of Q4 2022, down from 41 in Q3 2022.
- Funds reported $34.5M of First Eagle Alternative Capital BDC, Inc. Common Stock stock for Q4 2022, up 32% quarter-over-quarter.
- 11 funds opened new First Eagle Alternative Capital BDC, Inc. Common Stock positions in Q4 2022 and 11 closed out, a net change of 0 holders.
- The largest First Eagle Alternative Capital BDC, Inc. Common Stock buyer in Q4 2022 was Yakira Capital Management, an estimated $4.12M added.
- The largest First Eagle Alternative Capital BDC, Inc. Common Stock seller in Q4 2022 was Rivernorth Capital Management, an estimated $5.67M sold.
Based on aggregated 13F filings for Q4 2022.