Investcorp Credit Management BDC
ICMB
30 hedge funds and large institutions have $58.1M invested in Investcorp Credit Management BDC in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
7% more funds holding
Funds holding: 28 → 30 (+2)
1.32% more ownership
Funds ownership: 44.39% → 45.71% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $60.4M → $58.1M (-$2.27M)
85% less call options, than puts
Call options by funds: $136K | Put options by funds: $897K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.34M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$504K |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$490K |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$328K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$871K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$171K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$168K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$91.7K |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $9K | +$10K | +1,011 | New |
|
27
Wells Fargo
San Francisco,
California
| $5K | +$10 | +1 | +0.2% |
|
28
Barclays
London,
United Kingdom
| $2K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | +$49 | +5 | +5% |
|
|
AIM
31
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$48K | -4,795 | Closed |
|
|
AIM
32
Acrospire Investment Management
Chicago,
Illinois
| – | -$6K | -554 | Closed |
|
33
Creative Planning
Overland Park,
Kansas
| – | -$5K | -497 | Closed |
|
ICMB Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2017, worth a combined $58.1M — down 3.8% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ICMB positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.34M. The largest seller was Advisors Asset Management, cutting an estimated $871K.
- 30 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2017, up from 28 in Q2 2017.
- Funds reported $58.1M of Investcorp Credit Management BDC stock for Q3 2017, down 3.8% quarter-over-quarter.
- 5 funds opened new Investcorp Credit Management BDC positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest Investcorp Credit Management BDC buyer in Q3 2017 was JP Morgan Chase, an estimated $1.34M added.
- The largest Investcorp Credit Management BDC seller in Q3 2017 was Advisors Asset Management, an estimated $871K sold.
Based on aggregated 13F filings for Q3 2017.