We are live on ! Find out more
FSCO

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
266
Holders Change
+10
Holders Change %
+3.91%
% of All Funds
3.88%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
39
Increased
74
Reduced
81
Closed
28
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Nomura Holdings
Nomura Holdings
Japan
+$34.8M
2
SIA
Sit Investment Associates
Minnesota
+$8M
3
AAS
Avantax Advisory Services
Texas
+$5.78M
4
Morgan Stanley
Morgan Stanley
New York
+$5.54M
5
KAS
Kestra Advisory Services
Texas
+$4.5M

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$22.5M
2
Osaic Holdings
Osaic Holdings
Arizona
-$6.84M
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$5.81M
4
TJHA
Thomas J. Herzfeld Advisors
Florida
-$5.38M
5
AGM
Alpine Global Management
New York
-$5.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
IAA
151
Independent Advisor Alliance
North Carolina
$131K – – –
AOG
152
Alpha Omega Group
Virginia
$127K -$5.81K -1,035 -4%
BCM
153
Brookstone Capital Management
Illinois
$124K – – –
HCM
154
Highlander Capital Management
New Jersey
$123K – – –
MCCA
155
Mill Creek Capital Advisors
Pennsylvania
$121K – – –
FPGK
156
Financial Partners Group (Kansas)
Kansas
$121K -$10.7K -1,915 -8%
GI
157
Gradient Investments
Minnesota
$121K -$25.4K -4,527 -18%
AF
158
Advisornet Financial
Minnesota
$118K -$6.61K -1,178 -5%
CWM
159
Cahaba Wealth Management
Georgia
$115K -$3.02M -538,228 -96%
SCM
160
Steele Capital Management
Iowa
$113K +$112K +20,000 New
NCM
161
Novare Capital Management
North Carolina
$110K – – –
IAN
162
Integrated Advisors Network
Texas
$110K – – –
PAMG
163
Patton Albertson Miller Group
Tennessee
$109K – – –
Citadel Advisors
164
Citadel Advisors
Florida
$108K +$107K +19,104 New
JWM
165
Jessup Wealth Management
Ohio
$107K – – –
AWC
166
Adamsbrown Wealth Consultants
Kansas
$106K – – –
RCAG
167
Rehmann Capital Advisory Group
Michigan
$104K +$1.95K +348 +2%
DBRC
168
D.B. Root & Company
Pennsylvania
$104K -$76.4K -13,629 -43%
WFS
169
Widmann Financial Services
Maryland
$104K – – –
GFG
170
Goldstone Financial Group
Illinois
$103K +$2.06K +367 +2%
LA
171
LexAurum Advisors
Kansas
$102K – – –
CAM
172
Concorde Asset Management
Michigan
$100K +$95 +17 +0.1%
TW
173
Transform Wealth
Colorado
$99.5K – – –
CWM
174
Cadence Wealth Management
Massachusetts
$97.6K – – –
IA
175
IFP Advisors
Florida
$95.6K +$5.61K +1,000 +6%
5 6
7
8 9

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.