Investcorp Credit Management BDC
ICMB
29 hedge funds and large institutions have $59.5M invested in Investcorp Credit Management BDC in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 7 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.06% less ownership
Funds ownership: 52.12% → 51.07% (-1.1%)
6% less capital invested
Capital invested by funds: $63.1M → $59.5M (-$3.53M)
15% less funds holding
Funds holding: 34 → 29 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$98.7K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$77.9K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$75.8K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$63.7K |
| 5 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$62.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$650K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$513K |
| 3 |
Millennium Management
New York
|
-$180K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$167K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $41K | +$43.2K | +4,827 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $17K | – | – | – |
|
|
QCIG
28
Quad-Cities Investment Group
Davenport,
Iowa
| $7K | – | – | – |
|
29
Barclays
London,
United Kingdom
| $1K | – | – | – |
|
|
30
Millennium Management
New York
| – | -$180K | -20,358 | Closed |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$167K | -18,918 | Closed |
|
|
32
Stifel Financial
St. Louis,
Missouri
| – | -$98K | -11,122 | Closed |
|
|
CF
33
Centaurus Financial
Anaheim,
California
| – | -$56K | -6,344 | Closed |
|
34
BlackRock
New York
| – | -$42K | -4,801 | Closed |
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -102 | Closed |
|
36
Simplex Trading
Chicago,
Illinois
| – | -$18 | -2 | Closed |
|
ICMB Hedge Fund Activity: Q3 2018 in Review
29 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2018, worth a combined $59.5M — down 5.6% from $63.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ICMB and 2 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Raymond James & Associates, adding an estimated $98.7K. The largest seller was Bridgeway Capital Management, cutting an estimated $650K.
- 29 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $59.5M of Investcorp Credit Management BDC stock for Q3 2018, down 5.6% quarter-over-quarter.
- 2 funds opened new Investcorp Credit Management BDC positions in Q3 2018 and 7 closed out, a net change of -5 holders.
- The largest Investcorp Credit Management BDC buyer in Q3 2018 was Raymond James & Associates, an estimated $98.7K added.
- The largest Investcorp Credit Management BDC seller in Q3 2018 was Bridgeway Capital Management, an estimated $650K sold.
Based on aggregated 13F filings for Q3 2018.