Great Elm Capital Corp
GECC
14 hedge funds and large institutions have $8.46M invested in Great Elm Capital Corp in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
11.91% less ownership
Funds ownership: 19.96% → 8.05% (-12%)
13% less funds holding
Funds holding: 16 → 14 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
94% less capital inflows, than outflows
Capital inflows: $522K | Capital outflows: $8.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$246K |
| 2 |
Oxford Asset Management
Oxford,
United Kingdom
|
+$142K |
| 3 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$97.2K |
| 4 |
Morgan Stanley
New York
|
+$22.9K |
| 5 |
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingdon Capital Management
New York
|
-$4.49M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.55M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$504K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$237K |
| 5 |
JP Morgan Chase
New York
|
-$28K |
GECC Hedge Fund Activity: Q4 2017 in Review
14 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q4 2017, worth a combined $8.46M — down 51% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GECC and 3 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $246K. The largest seller was Kingdon Capital Management, exiting entirely with an estimated $4.49M sold.
- 14 institutional investors held Great Elm Capital Corp (GECC) as of Q4 2017, down from 16 in Q3 2017.
- Funds reported $8.46M of Great Elm Capital Corp stock for Q4 2017, down 51% quarter-over-quarter.
- 3 funds opened new Great Elm Capital Corp positions in Q4 2017 and 5 closed out, a net change of -2 holders.
- The largest Great Elm Capital Corp buyer in Q4 2017 was Independent Advisor Alliance, an estimated $246K added.
- The largest Great Elm Capital Corp seller in Q4 2017 was Kingdon Capital Management, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2017.