Investcorp Credit Management BDC
ICMB
34 hedge funds and large institutions have $63.1M invested in Investcorp Credit Management BDC in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 1 closing their positions.
2,300% more call options, than puts
Call options by funds: $24K | Put options by funds: $1K
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
31% more funds holding
Funds holding: 26 → 34 (+8)
12% more capital invested
Capital invested by funds: $56.2M → $63.1M (+$6.9M)
1.7% more ownership
Funds ownership: 50.42% → 52.12% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$683K |
| 2 |
PCM
Prelude Capital Management
New York
|
+$522K |
| 3 |
Morgan Stanley
New York
|
+$487K |
| 4 |
Millennium Management
New York
|
+$176K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$268K |
| 2 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
-$153K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$86K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$80.2K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$33.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $60K | +$39.9K | +4,618 | +206% |
|
|
CF
27
Centaurus Financial
Anaheim,
California
| $56K | +$54.8K | +6,344 | New |
|
28
Wells Fargo
San Francisco,
California
| $54K | +$48.8K | +5,650 | +1,121% |
|
29
BlackRock
New York
| $42K | +$41.5K | +4,801 | New |
|
30
Bank of America
Charlotte,
North Carolina
| $18K | – | – | – |
|
|
QCIG
31
Quad-Cities Investment Group
Davenport,
Iowa
| $7K | +$6.09K | +705 | New |
|
32
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
33
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
|
PWM
34
Perigon Wealth Management
San Francisco,
California
| – | -$15K | -1,739 | Closed |
|
35
Simplex Trading
Chicago,
Illinois
| – | +$17 | +2 | New |
|
ICMB Hedge Fund Activity: Q2 2018 in Review
34 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2018, worth a combined $63.1M — up 12% from $56.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ICMB positions and 1 closed out — a net gain of 8 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Caxton Corporation, adding an estimated $683K. The largest seller was Raymond James & Associates, cutting an estimated $268K.
- 34 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2018, up from 26 in Q1 2018.
- Funds reported $63.1M of Investcorp Credit Management BDC stock for Q2 2018, up 12% quarter-over-quarter.
- 9 funds opened new Investcorp Credit Management BDC positions in Q2 2018 and 1 closed out, a net change of +8 holders.
- The largest Investcorp Credit Management BDC buyer in Q2 2018 was Caxton Corporation, an estimated $683K added.
- The largest Investcorp Credit Management BDC seller in Q2 2018 was Raymond James & Associates, an estimated $268K sold.
Based on aggregated 13F filings for Q2 2018.