Fifth Street Asset Management Inc. Class A
FSAM
FSAM was delisted on the 3rd of November, 2017.
46 hedge funds and large institutions have $10.9M invested in Fifth Street Asset Management Inc. Class A in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
15% less funds holding
Funds holding: 54 → 46 (-8)
24% less capital invested
Capital invested by funds: $14.4M → $10.9M (-$3.53M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$1.49M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$929K |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$544K |
| 4 |
SG Americas Securities
New York
|
+$482K |
| 5 |
SCM
Stonebridge Capital Management
Los Angeles,
California
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
-$1.93M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.29M |
| 3 |
RA
Royce & Associates
New York
|
-$1.2M |
| 4 |
6CM
683 Capital Management
New York
|
-$841K |
| 5 |
MG
Meritage Group
San Francisco,
California
|
-$834K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$76K | -23,402 | Closed |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| – | -$76K | -23,339 | Closed |
|
|
TA
53
Teachers Advisors
New York
| – | -$41K | -12,701 | Closed |
|
54
Two Sigma Advisers
New York
| – | -$39K | -12,100 | Closed |
|
|
SCM
55
Sterling Capital Management
Charlotte,
North Carolina
| – | -$38K | -11,683 | Closed |
|
|
QCG
56
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$10K | -3,084 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$9K | -2,931 | Closed |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -1,428 | Closed |
|
59
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -237 | Closed |
|
|
WAM
60
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$266 | +96 | New |
|
FSAM Hedge Fund Activity: Q1 2016 in Review
46 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fifth Street Asset Management Inc. Class A (FSAM) for Q1 2016, worth a combined $10.9M — down 24% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FSAM and 6 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Springhouse Capital Management, adding an estimated $1.49M. The largest seller was Greenlight Capital, exiting entirely with an estimated $1.93M sold.
- 46 institutional investors held Fifth Street Asset Management Inc. Class A (FSAM) as of Q1 2016, down from 54 in Q4 2015.
- Funds reported $10.9M of Fifth Street Asset Management Inc. Class A stock for Q1 2016, down 24% quarter-over-quarter.
- 6 funds opened new Fifth Street Asset Management Inc. Class A positions in Q1 2016 and 14 closed out, a net change of -8 holders.
- The largest Fifth Street Asset Management Inc. Class A buyer in Q1 2016 was Springhouse Capital Management, an estimated $1.49M added.
- The largest Fifth Street Asset Management Inc. Class A seller in Q1 2016 was Greenlight Capital, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2016.