FS Credit Opportunities Corp
FSCO
266 hedge funds and large institutions have $427M invested in FS Credit Opportunities Corp in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 74 increasing their positions, 81 reducing their positions, and 28 closing their positions.
39% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 28
10% more capital invested
Capital invested by funds: $387M → $427M (+$40M)
4% more funds holding
Funds holding: 256 → 266 (+10)
1.96% more ownership
Funds ownership: 36.03% → 37.99% (+2%)
9% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 81
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$34.8M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$5.78M |
| 4 |
Morgan Stanley
New York
|
+$5.54M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$4.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$22.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.84M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.81M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$5.38M |
| 5 |
AGM
Alpine Global Management
New York
|
-$5.31M |
FSCO Hedge Fund Activity: Q4 2023 in Review
266 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FS Credit Opportunities Corp (FSCO) for Q4 2023, worth a combined $427M — up 10% from $387M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FSCO positions and 28 closed out — a net gain of 11 holders — while 74 added to existing stakes and 81 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $34.8M. The largest seller was Saba Capital Management, cutting an estimated $22.5M.
- 266 institutional investors held FS Credit Opportunities Corp (FSCO) as of Q4 2023, up from 256 in Q3 2023.
- Funds reported $427M of FS Credit Opportunities Corp stock for Q4 2023, up 10% quarter-over-quarter.
- 39 funds opened new FS Credit Opportunities Corp positions in Q4 2023 and 28 closed out, a net change of +11 holders.
- The largest FS Credit Opportunities Corp buyer in Q4 2023 was Nomura Holdings, an estimated $34.8M added.
- The largest FS Credit Opportunities Corp seller in Q4 2023 was Saba Capital Management, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2023.