Investcorp Credit Management BDC
ICMB
26 hedge funds and large institutions have $14M invested in Investcorp Credit Management BDC in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 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
8% more funds holding
Funds holding: 24 → 26 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.53% less ownership
Funds ownership: 43.77% → 41.23% (-2.5%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
65% less capital invested
Capital invested by funds: $40.2M → $14M (-$26.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$896K |
| 2 |
Morgan Stanley
New York
|
+$353K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$156K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$144K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$28.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.06M |
| 2 |
JP Morgan Chase
New York
|
-$909K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$704K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$530K |
| 5 |
TCM
Tegean Capital Management
New York
|
-$302K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
Tegean Capital Management
New York
| – | -$302K | -45,315 | Closed |
|
27
Squarepoint
New York
| – | -$67K | -10,126 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | +$493 | +82 | New |
|
ICMB Hedge Fund Activity: Q1 2020 in Review
26 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2020, worth a combined $14M — down 65% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ICMB positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $896K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.06M sold.
- 26 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2020, up from 24 in Q4 2019.
- Funds reported $14M of Investcorp Credit Management BDC stock for Q1 2020, down 65% quarter-over-quarter.
- 5 funds opened new Investcorp Credit Management BDC positions in Q1 2020 and 3 closed out, a net change of +2 holders.
- The largest Investcorp Credit Management BDC buyer in Q1 2020 was Kennedy Capital Management, an estimated $896K added.
- The largest Investcorp Credit Management BDC seller in Q1 2020 was Advisors Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2020.