Investcorp Credit Management BDC
ICMB
26 hedge funds and large institutions have $19.4M invested in Investcorp Credit Management BDC in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 17 reducing their positions, and 5 closing their positions.
39% more capital invested
Capital invested by funds: $14M → $19.4M (+$5.39M)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.25% less ownership
Funds ownership: 41.23% → 39.99% (-1.2%)
67% less call options, than puts
Call options by funds: $4K | Put options by funds: $12K
82% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$267K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$245K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$47.7K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39.1K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$38.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$607K |
| 2 |
Morgan Stanley
New York
|
-$289K |
| 3 |
CCP
Cyrus Capital Partners
New York
|
-$103K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$63K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Acadian Asset Management
Boston,
Massachusetts
| – | -$56K | -23,180 | Closed |
|
27
Millennium Management
New York
| – | -$27K | -11,063 | Closed |
|
28
Victory Capital Management
San Antonio,
Texas
| – | -$12K | -4,799 | Closed |
|
29
Osaic Holdings
Scottsdale,
Arizona
| – | +$146 | +38 | New |
|
ICMB Hedge Fund Activity: Q2 2020 in Review
26 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2020, worth a combined $19.4M — up 39% from $14M a quarter earlier.
Fund positioning in ICMB was balanced in Q2 2020: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 17 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $267K. The largest seller was Virtus ETF Advisers, cutting an estimated $607K.
- 26 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $19.4M of Investcorp Credit Management BDC stock for Q2 2020, up 39% quarter-over-quarter.
- 5 funds opened new Investcorp Credit Management BDC positions in Q2 2020 and 5 closed out, a net change of 0 holders.
- The largest Investcorp Credit Management BDC buyer in Q2 2020 was Kennedy Capital Management, an estimated $267K added.
- The largest Investcorp Credit Management BDC seller in Q2 2020 was Virtus ETF Advisers, an estimated $607K sold.
Based on aggregated 13F filings for Q2 2020.