Investcorp Credit Management BDC
ICMB
25 hedge funds and large institutions have $19.9M invested in Investcorp Credit Management BDC in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $19.4M → $19.9M (+$581K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.25% less ownership
Funds ownership: 39.99% → 39.73% (-0.25%)
4% less funds holding
Funds holding: 26 → 25 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
75% less call options, than puts
Call options by funds: $3K | Put options by funds: $12K
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$113K |
| 2 |
Millennium Management
New York
|
+$109K |
| 3 |
VF
Virtu Financial
New York
|
+$44.5K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$17.3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
-$236K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$35K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$20.3K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$18.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$35K | -10,178 | Closed |
|
|
27
Stifel Financial
St. Louis,
Missouri
| – | -$35K | -10,000 | Closed |
|
|
TI
28
tru Independence
Portland,
Oregon
| – | -$6 | -1,800 | Closed |
|
ICMB Hedge Fund Activity: Q3 2020 in Review
25 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2020, worth a combined $19.9M — up 3% from $19.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ICMB and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, opening a new position worth an estimated $113K. The largest seller was Virtus ETF Advisers, exiting entirely with an estimated $236K sold.
- 25 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2020, down from 26 in Q2 2020.
- Funds reported $19.9M of Investcorp Credit Management BDC stock for Q3 2020, up 3% quarter-over-quarter.
- 4 funds opened new Investcorp Credit Management BDC positions in Q3 2020 and 5 closed out, a net change of -1 holder.
- The largest Investcorp Credit Management BDC buyer in Q3 2020 was Jane Street, an estimated $113K added.
- The largest Investcorp Credit Management BDC seller in Q3 2020 was Virtus ETF Advisers, an estimated $236K sold.
Based on aggregated 13F filings for Q3 2020.