Investcorp Credit Management BDC
ICMB
26 hedge funds and large institutions have $40.1M invested in Investcorp Credit Management BDC in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 25 → 26 (+1)
0.18% less ownership
Funds ownership: 44.78% → 44.61% (-0.18%)
13% less capital invested
Capital invested by funds: $46.1M → $40.1M (-$5.94M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.1M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$174K |
| 3 |
LPL Financial
San Diego,
California
|
+$109K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$41.3K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$17.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$348K |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$304K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$275K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$140K |
| 5 |
Morgan Stanley
New York
|
-$109K |
ICMB Hedge Fund Activity: Q3 2019 in Review
26 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2019, worth a combined $40.1M — down 13% from $46.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ICMB positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.1M. The largest seller was Advisors Asset Management, cutting an estimated $348K.
- 26 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2019, up from 25 in Q2 2019.
- Funds reported $40.1M of Investcorp Credit Management BDC stock for Q3 2019, down 13% quarter-over-quarter.
- 2 funds opened new Investcorp Credit Management BDC positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest Investcorp Credit Management BDC buyer in Q3 2019 was Kennedy Capital Management, an estimated $1.1M added.
- The largest Investcorp Credit Management BDC seller in Q3 2019 was Advisors Asset Management, an estimated $348K sold.
Based on aggregated 13F filings for Q3 2019.