Great Elm Capital Corp
GECC
21 hedge funds and large institutions have $10.9M invested in Great Elm Capital Corp in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
98% more capital invested
Capital invested by funds: $5.5M → $10.9M (+$5.39M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
50% more funds holding
Funds holding: 14 → 21 (+7)
1.28% more ownership
Funds ownership: 0.89% → 2.17% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.99M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.07M |
| 3 |
QCMC
Quantum Capital Management (California)
San Francisco,
California
|
+$1.02M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$719K |
| 5 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$823K |
| 2 |
Morgan Stanley
New York
|
-$19.1K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$3K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.63K |
| 5 |
SWA
Sutton Wealth Advisors
Tampa,
Florida
|
-$485 |
GECC Hedge Fund Activity: Q4 2018 in Review
21 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q4 2018, worth a combined $10.9M — up 98% from $5.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GECC positions and 2 closed out — a net gain of 7 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $2.99M. The largest seller was Bulldog Investors, cutting an estimated $823K.
- 21 institutional investors held Great Elm Capital Corp (GECC) as of Q4 2018, up from 14 in Q3 2018.
- Funds reported $10.9M of Great Elm Capital Corp stock for Q4 2018, up 98% quarter-over-quarter.
- 9 funds opened new Great Elm Capital Corp positions in Q4 2018 and 2 closed out, a net change of +7 holders.
- The largest Great Elm Capital Corp buyer in Q4 2018 was Punch & Associates Investment Management, an estimated $2.99M added.
- The largest Great Elm Capital Corp seller in Q4 2018 was Bulldog Investors, an estimated $823K sold.
Based on aggregated 13F filings for Q4 2018.