Great Elm Capital Corp
GECC
10 hedge funds and large institutions have $12.6M invested in Great Elm Capital Corp in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
33% more capital invested
Capital invested by funds: $9.53M → $12.6M (+$3.11M)
3.34% more ownership
Funds ownership: 15.13% → 18.47% (+3.3%)
9% less funds holding
Funds holding: 11 → 10 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.38M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$371K |
| 3 |
Millennium Management
New York
|
+$140K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$1.4M |
| 2 |
VF
Virtu Financial
New York
|
-$131K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$130K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.09K |
| 5 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$414 |
GECC Hedge Fund Activity: Q1 2023 in Review
10 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q1 2023, worth a combined $12.6M — up 33% from $9.53M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GECC and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $3.38M. The largest seller was Alden Global Capital, cutting an estimated $1.4M.
- 10 institutional investors held Great Elm Capital Corp (GECC) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $12.6M of Great Elm Capital Corp stock for Q1 2023, up 33% quarter-over-quarter.
- 3 funds opened new Great Elm Capital Corp positions in Q1 2023 and 4 closed out, a net change of -1 holder.
- The largest Great Elm Capital Corp buyer in Q1 2023 was JP Morgan Chase, an estimated $3.38M added.
- The largest Great Elm Capital Corp seller in Q1 2023 was Alden Global Capital, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2023.