Great Elm Capital Corp
GECC
17 hedge funds and large institutions have $10.5M invested in Great Elm Capital Corp in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
70% more funds holding
Funds holding: 10 → 17 (+7)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0.67% less ownership
Funds ownership: 18.47% → 17.8% (-0.67%)
17% less capital invested
Capital invested by funds: $12.6M → $10.5M (-$2.14M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
+$401K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$151K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$133K |
| 4 |
Squarepoint
New York
|
+$120K |
| 5 |
Millennium Management
New York
|
+$99.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$1.31M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$328K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$139K |
| 4 |
Morgan Stanley
New York
|
-$9.94K |
GECC Hedge Fund Activity: Q2 2023 in Review
17 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Great Elm Capital Corp (GECC) for Q2 2023, worth a combined $10.5M — down 17% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GECC positions and 2 closed out — a net gain of 7 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Cruiser Capital Advisors, opening a new position worth an estimated $401K. The largest seller was Alden Global Capital, exiting entirely with an estimated $1.31M sold.
- 17 institutional investors held Great Elm Capital Corp (GECC) as of Q2 2023, up from 10 in Q1 2023.
- Funds reported $10.5M of Great Elm Capital Corp stock for Q2 2023, down 17% quarter-over-quarter.
- 9 funds opened new Great Elm Capital Corp positions in Q2 2023 and 2 closed out, a net change of +7 holders.
- The largest Great Elm Capital Corp buyer in Q2 2023 was Cruiser Capital Advisors, an estimated $401K added.
- The largest Great Elm Capital Corp seller in Q2 2023 was Alden Global Capital, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2023.