Great Elm Capital Corp
GECC
21 hedge funds and large institutions have $13M invested in Great Elm Capital Corp in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
19% more capital invested
Capital invested by funds: $10.9M → $13M (+$2.11M)
0.3% more ownership
Funds ownership: 2.17% → 2.46% (+0.3%)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.23M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.01M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$776K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$374K |
| 5 |
Two Sigma Investments
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$666K |
| 2 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$572K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$485K |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$261K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$163K |
GECC Hedge Fund Activity: Q1 2019 in Review
21 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q1 2019, worth a combined $13M — up 19% from $10.9M a quarter earlier.
Fund positioning in GECC was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $1.23M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $666K sold.
- 21 institutional investors held Great Elm Capital Corp (GECC) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $13M of Great Elm Capital Corp stock for Q1 2019, up 19% quarter-over-quarter.
- 5 funds opened new Great Elm Capital Corp positions in Q1 2019 and 5 closed out, a net change of 0 holders.
- The largest Great Elm Capital Corp buyer in Q1 2019 was Thomas J. Herzfeld Advisors, an estimated $1.23M added.
- The largest Great Elm Capital Corp seller in Q1 2019 was Weiss Asset Management, an estimated $666K sold.
Based on aggregated 13F filings for Q1 2019.