Investcorp Credit Management BDC
ICMB
28 hedge funds and large institutions have $60.4M invested in Investcorp Credit Management BDC in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
2% more ownership
Funds ownership: 42.38% → 44.39% (+2%)
3% more capital invested
Capital invested by funds: $58.5M → $60.4M (+$1.87M)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
79% less call options, than puts
Call options by funds: $145K | Put options by funds: $676K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.14M |
| 2 |
Morgan Stanley
New York
|
+$766K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$449K |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$388K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$488K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$239K |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$193K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$133K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$70.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $2K | -$3.09K | -302 | -65% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | -$154 | -15 | -13% |
|
|
MC
29
Moors & Cabot
Boston,
Massachusetts
| – | -$193K | -19,233 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$133K | -13,185 | Closed |
|
31
Citigroup
New York
| – | -$35K | -3,474 | Closed |
|
ICMB Hedge Fund Activity: Q2 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2017, worth a combined $60.4M — up 3.2% from $58.5M a quarter earlier.
Fund positioning in ICMB was balanced in Q2 2017: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 11 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $2.14M. The largest seller was Advisors Asset Management, cutting an estimated $488K.
- 28 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $60.4M of Investcorp Credit Management BDC stock for Q2 2017, up 3.2% quarter-over-quarter.
- 3 funds opened new Investcorp Credit Management BDC positions in Q2 2017 and 3 closed out, a net change of 0 holders.
- The largest Investcorp Credit Management BDC buyer in Q2 2017 was Bridgeway Capital Management, an estimated $2.14M added.
- The largest Investcorp Credit Management BDC seller in Q2 2017 was Advisors Asset Management, an estimated $488K sold.
Based on aggregated 13F filings for Q2 2017.