Investcorp Credit Management BDC
ICMB
24 hedge funds and large institutions have $54.9M invested in Investcorp Credit Management BDC in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43.41% more ownership
Funds ownership: 0% → 43.41% (+43%)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $53.4M → $54.9M (+$1.49M)
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $276K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$549K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$329K |
| 3 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$247K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$224K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$798K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$773K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$27.5K |
| 4 |
Citigroup
New York
|
-$9.56K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$7.36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| – | -$941 | -101 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | -$9 | -1 | Closed |
|
ICMB Hedge Fund Activity: Q4 2016 in Review
24 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q4 2016, worth a combined $54.9M — up 2.8% from $53.4M a quarter earlier.
Fund positioning in ICMB was balanced in Q4 2016: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 7 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $549K. The largest seller was Ares Management, cutting an estimated $798K.
- 24 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $54.9M of Investcorp Credit Management BDC stock for Q4 2016, up 2.8% quarter-over-quarter.
- 4 funds opened new Investcorp Credit Management BDC positions in Q4 2016 and 4 closed out, a net change of 0 holders.
- The largest Investcorp Credit Management BDC buyer in Q4 2016 was Raymond James & Associates, an estimated $549K added.
- The largest Investcorp Credit Management BDC seller in Q4 2016 was Ares Management, an estimated $798K sold.
Based on aggregated 13F filings for Q4 2016.