Investcorp Credit Management BDC
ICMB
28 hedge funds and large institutions have $58.5M invested in Investcorp Credit Management BDC in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
17% more funds holding
Funds holding: 24 → 28 (+4)
7% more capital invested
Capital invested by funds: $54.9M → $58.5M (+$3.59M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.03% less ownership
Funds ownership: 43.41% → 42.38% (-1%)
53% less call options, than puts
Call options by funds: $108K | Put options by funds: $229K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$345K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$190K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$146K |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$143K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.91M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$537K |
| 3 |
GH
GAM Holding
Zurich,
Switzerland
|
-$107K |
| 4 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$64K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$27.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $5K | +$4.96K | +505 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
|
BCM
29
Bridgeway Capital Management
Houston,
Texas
| – | -$537K | -58,104 | Closed |
|
|
GH
30
GAM Holding
Zurich,
Switzerland
| – | -$107K | -11,581 | Closed |
|
ICMB Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2017, worth a combined $58.5M — up 6.5% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ICMB positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was UBS Group, adding an estimated $345K. The largest seller was Advisors Asset Management, cutting an estimated $1.91M.
- 28 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2017, up from 24 in Q4 2016.
- Funds reported $58.5M of Investcorp Credit Management BDC stock for Q1 2017, up 6.5% quarter-over-quarter.
- 6 funds opened new Investcorp Credit Management BDC positions in Q1 2017 and 2 closed out, a net change of +4 holders.
- The largest Investcorp Credit Management BDC buyer in Q1 2017 was UBS Group, an estimated $345K added.
- The largest Investcorp Credit Management BDC seller in Q1 2017 was Advisors Asset Management, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2017.