Investcorp Credit Management BDC
ICMB
24 hedge funds and large institutions have $40.2M invested in Investcorp Credit Management BDC in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 4 closing their positions.
0% more capital invested
Capital invested by funds: $40.1M → $40.2M (+$79K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.84% less ownership
Funds ownership: 44.61% → 43.77% (-0.84%)
8% less funds holding
Funds holding: 26 → 24 (-2)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$653K |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$222K |
| 3 |
Millennium Management
New York
|
+$135K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$90.7K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$44.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$763K |
| 2 |
Morgan Stanley
New York
|
-$315K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$309K |
| 4 |
JP Morgan Chase
New York
|
-$121K |
| 5 |
Squarepoint
New York
|
-$30.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$4K | -625 | Closed |
|
|
CIAS
27
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$3K | -403 | Closed |
|
ICMB Hedge Fund Activity: Q4 2019 in Review
24 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q4 2019, worth a combined $40.2M — up 0.2% from $40.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ICMB and 2 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Kennedy Capital Management, adding an estimated $653K. The largest seller was UBS Group, cutting an estimated $763K.
- 24 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q4 2019, down from 26 in Q3 2019.
- Funds reported $40.2M of Investcorp Credit Management BDC stock for Q4 2019, up 0.2% quarter-over-quarter.
- 2 funds opened new Investcorp Credit Management BDC positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest Investcorp Credit Management BDC buyer in Q4 2019 was Kennedy Capital Management, an estimated $653K added.
- The largest Investcorp Credit Management BDC seller in Q4 2019 was UBS Group, an estimated $763K sold.
Based on aggregated 13F filings for Q4 2019.