Investcorp Credit Management BDC
ICMB
22 hedge funds and large institutions have $12.9M invested in Investcorp Credit Management BDC in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5% more funds holding
Funds holding: 21 → 22 (+1)
9% less capital invested
Capital invested by funds: $14.1M → $12.9M (-$1.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$761K |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$746K |
| 3 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$358K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$180K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.07M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$385K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$301K |
| 4 |
Jane Street
New York
|
-$219K |
| 5 |
Goldman Sachs
New York
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$76K | -5,267 | Closed |
|
ICMB Hedge Fund Activity: Q3 2014 in Review
22 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2014, worth a combined $12.9M — down 8.5% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ICMB positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Confluence Investment Management, adding an estimated $761K. The largest seller was Guggenheim Capital, cutting an estimated $1.07M.
- 22 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2014, up from 21 in Q2 2014.
- Funds reported $12.9M of Investcorp Credit Management BDC stock for Q3 2014, down 8.5% quarter-over-quarter.
- 5 funds opened new Investcorp Credit Management BDC positions in Q3 2014 and 4 closed out, a net change of +1 holder.
- The largest Investcorp Credit Management BDC buyer in Q3 2014 was Confluence Investment Management, an estimated $761K added.
- The largest Investcorp Credit Management BDC seller in Q3 2014 was Guggenheim Capital, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2014.