FS Credit Opportunities Corp
FSCO
269 hedge funds and large institutions have $440M invested in FS Credit Opportunities Corp in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 75 increasing their positions, 84 reducing their positions, and 30 closing their positions.
20% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 30
1% more funds holding
Funds holding: 266 → 269 (+3)
4% more capital invested
Capital invested by funds: $424M → $440M (+$16.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.25% less ownership
Funds ownership: 37.67% → 37.41% (-0.25%)
11% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$16.9M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.85M |
| 3 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$2.7M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$2.22M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.51M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.39M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$2.18M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.98M |
FSCO Hedge Fund Activity: Q1 2024 in Review
269 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in FS Credit Opportunities Corp (FSCO) for Q1 2024, worth a combined $440M — up 3.9% from $424M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FSCO positions and 30 closed out — a net gain of 6 holders — while 75 added to existing stakes and 84 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $16.9M. The largest seller was Saba Capital Management, cutting an estimated $17.4M.
- 269 institutional investors held FS Credit Opportunities Corp (FSCO) as of Q1 2024, up from 266 in Q4 2023.
- Funds reported $440M of FS Credit Opportunities Corp stock for Q1 2024, up 3.9% quarter-over-quarter.
- 36 funds opened new FS Credit Opportunities Corp positions in Q1 2024 and 30 closed out, a net change of +6 holders.
- The largest FS Credit Opportunities Corp buyer in Q1 2024 was Cetera Investment Advisers, an estimated $16.9M added.
- The largest FS Credit Opportunities Corp seller in Q1 2024 was Saba Capital Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2024.