Great Elm Capital Corp
GECC
21 hedge funds and large institutions have $14M invested in Great Elm Capital Corp in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
17% more funds holding
Funds holding: 18 → 21 (+3)
0.37% less ownership
Funds ownership: 8.5% → 8.13% (-0.37%)
35% less capital inflows, than outflows
Capital inflows: $1.56M | Capital outflows: $2.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$471K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$340K |
| 3 |
Yakira Capital Management
Westport,
Connecticut
|
+$196K |
| 4 |
Virtu KCG Holdings
New York
|
+$151K |
| 5 |
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.89M |
| 2 |
Jane Street
New York
|
-$273K |
| 3 |
Millennium Management
New York
|
-$203K |
| 4 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$35K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$9.9K |
GECC Hedge Fund Activity: Q1 2017 in Review
21 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q1 2017, worth a combined $14M — up 9.2% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GECC positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $471K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.89M.
- 21 institutional investors held Great Elm Capital Corp (GECC) as of Q1 2017, up from 18 in Q4 2016.
- Funds reported $14M of Great Elm Capital Corp stock for Q1 2017, up 9.2% quarter-over-quarter.
- 8 funds opened new Great Elm Capital Corp positions in Q1 2017 and 4 closed out, a net change of +4 holders.
- The largest Great Elm Capital Corp buyer in Q1 2017 was Susquehanna International Group, an estimated $471K added.
- The largest Great Elm Capital Corp seller in Q1 2017 was Rivernorth Capital Management, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2017.