Fifth Street Asset Management Inc. Class A
FSAM
FSAM was delisted on the 3rd of November, 2017.
48 hedge funds and large institutions have $20.3M invested in Fifth Street Asset Management Inc. Class A in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 7 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
45% more capital invested
Capital invested by funds: $14M → $20.3M (+$6.27M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
0% more funds holding
Funds holding: 48 → 48 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$821K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$672K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
+$542K |
| 5 |
Renaissance Technologies
New York
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.81M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.18M |
| 3 |
SCM
Stonebridge Capital Management
Los Angeles,
California
|
-$303K |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$176K |
| 5 |
SG Americas Securities
New York
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$124K | -30,680 | Closed |
|
|
BPM
52
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$87K | -21,471 | Closed |
|
53
Barclays
London,
United Kingdom
| – | -$4.49K | -915 | -97% |
|
54
Wells Fargo
San Francisco,
California
| – | -$1.69K | -345 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -216 | Closed |
|
FSAM Hedge Fund Activity: Q3 2016 in Review
48 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fifth Street Asset Management Inc. Class A (FSAM) for Q3 2016, worth a combined $20.3M — up 45% from $14M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FSAM positions and 7 closed out — a net gain of 2 holders — while 18 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $3.6M. The largest seller was Mangrove Partners, exiting entirely with an estimated $2.81M sold.
- 48 institutional investors held Fifth Street Asset Management Inc. Class A (FSAM) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $20.3M of Fifth Street Asset Management Inc. Class A stock for Q3 2016, up 45% quarter-over-quarter.
- 9 funds opened new Fifth Street Asset Management Inc. Class A positions in Q3 2016 and 7 closed out, a net change of +2 holders.
- The largest Fifth Street Asset Management Inc. Class A buyer in Q3 2016 was Rivernorth Capital Management, an estimated $3.6M added.
- The largest Fifth Street Asset Management Inc. Class A seller in Q3 2016 was Mangrove Partners, an estimated $2.81M sold.
Based on aggregated 13F filings for Q3 2016.