Investcorp Credit Management BDC
ICMB
20 hedge funds and large institutions have $70.9M invested in Investcorp Credit Management BDC in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 3 closing their positions.
29% more capital invested
Capital invested by funds: $55.1M → $70.9M (+$15.8M)
5% less funds holding
Funds holding: 21 → 20 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.13M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.2M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$666K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$660K |
| 5 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.26M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$281K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$152K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$125K |
| 5 |
CC
Caxton Corporation
Princeton,
New Jersey
|
-$124K |
ICMB Hedge Fund Activity: Q1 2015 in Review
20 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2015, worth a combined $70.9M — up 29% from $55.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ICMB and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 4 added.
The largest buyer was Advisors Asset Management, adding an estimated $4.13M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.26M sold.
- 20 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2015, down from 21 in Q4 2014.
- Funds reported $70.9M of Investcorp Credit Management BDC stock for Q1 2015, up 29% quarter-over-quarter.
- 2 funds opened new Investcorp Credit Management BDC positions in Q1 2015 and 3 closed out, a net change of -1 holder.
- The largest Investcorp Credit Management BDC buyer in Q1 2015 was Advisors Asset Management, an estimated $4.13M added.
- The largest Investcorp Credit Management BDC seller in Q1 2015 was Rivernorth Capital Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2015.