Fifth Street Asset Management Inc. Class A
FSAM
FSAM was delisted on the 3rd of November, 2017.
46 hedge funds and large institutions have $14.5M invested in Fifth Street Asset Management Inc. Class A in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 9 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
12% less funds holding
Funds holding: 52 → 46 (-6)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
50% less capital invested
Capital invested by funds: $29.1M → $14.5M (-$14.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.58M |
| 2 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
+$705K |
| 3 |
Renaissance Technologies
New York
|
+$317K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$134K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.91M |
| 2 |
GC
Globeflex Capital
San Diego,
California
|
-$1.08M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$802K |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$504K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$69K | -10,252 | Closed |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| – | -$13K | -1,960 | Closed |
|
53
BNP Paribas Financial Markets
Paris,
France
| – | -$650 | -97 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$414 | -69 | -69% |
|
FSAM Hedge Fund Activity: Q1 2017 in Review
46 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Fifth Street Asset Management Inc. Class A (FSAM) for Q1 2017, worth a combined $14.5M — down 50% from $29.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FSAM and 7 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 16 added.
The largest buyer was BlackRock, adding an estimated $1.58M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.91M sold.
- 46 institutional investors held Fifth Street Asset Management Inc. Class A (FSAM) as of Q1 2017, down from 52 in Q4 2016.
- Funds reported $14.5M of Fifth Street Asset Management Inc. Class A stock for Q1 2017, down 50% quarter-over-quarter.
- 7 funds opened new Fifth Street Asset Management Inc. Class A positions in Q1 2017 and 9 closed out, a net change of -2 holders.
- The largest Fifth Street Asset Management Inc. Class A buyer in Q1 2017 was BlackRock, an estimated $1.58M added.
- The largest Fifth Street Asset Management Inc. Class A seller in Q1 2017 was Rivernorth Capital Management, an estimated $4.91M sold.
Based on aggregated 13F filings for Q1 2017.