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Investcorp Credit Management BDC

19 hedge funds and large institutions have $76.6M invested in Investcorp Credit Management BDC in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

8% more capital invested

Capital invested by funds: $70.9M → $76.6M (+$5.63M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 2019 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
7
Reduced
6
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$52M
AAM
2
Advisors Asset Management
Colorado
$8.63M +$3.48M +255,204 +67%
RJA
3
Raymond James & Associates
Florida
$2.99M -$51K -3,734 -2%
YMRC
4
Yorktown Management & Research Company
Virginia
$2.15M -$211K -15,490 -9%
UBS Group
5
UBS Group
Switzerland
$2.15M +$368K +26,989 +20%
CIM
6
Confluence Investment Management
Missouri
$2.12M +$5.21K +382 +0.2%
CAM
7
ClariVest Asset Management
California
$1.6M +$23.9K +1,751 +2%
GC
8
Guggenheim Capital
Illinois
$847K -$116K -8,530 -12%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$780K +$788K +57,704 New
Nordea Investment Management
10
Nordea Investment Management
Sweden
$738K +$24.7K +1,812 +3%
SI
11
Stephens Inc
Arkansas
$718K -$4.86K -356 -0.7%
Stifel Financial
12
Stifel Financial
Missouri
$702K -$17.8K -1,307 -2%
California Public Employees Retirement System
13
California Public Employees Retirement System
California
$498K +$503K +36,856 New
Morgan Stanley
14
Morgan Stanley
New York
$404K +$142K +10,399 +53%
RFC
15
Russell Frank Company
Washington
$146K -$173K -12,688 -54%
Citigroup
16
Citigroup
New York
$53K +$53.3K +3,905 New
FNBT
17
FineMark National Bank & Trust
Florida
$27K +$27.5K +2,014 New
BRWM
18
B. Riley Wealth Management
Tennessee
$19K
TRCT
19
Tower Research Capital (TRC)
New York
$13K +$1.26K +92 +11%
Citadel Advisors
20
Citadel Advisors
Florida
-$440K -33,471 Closed
BIG
21
Blackthorn Investment Group
Kansas
-$218K -16,553 Closed
VKH
22
Virtu KCG Holdings
New York
-$215K -16,348 Closed
OC
23
Oppenheimer & Co
New York
-$136K -10,271 Closed
Wells Fargo
24
Wells Fargo
California
-$14 -1 Closed

ICMB Hedge Fund Activity: Q2 2015 in Review

19 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2015, worth a combined $76.6M — up 7.9% from $70.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of ICMB and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.

The largest buyer was Advisors Asset Management, adding an estimated $3.48M. The largest seller was Citadel Advisors, exiting entirely with an estimated $440K sold.

  • 19 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2015, down from 20 in Q1 2015.
  • Funds reported $76.6M of Investcorp Credit Management BDC stock for Q2 2015, up 7.9% quarter-over-quarter.
  • 4 funds opened new Investcorp Credit Management BDC positions in Q2 2015 and 5 closed out, a net change of -1 holder.
  • The largest Investcorp Credit Management BDC buyer in Q2 2015 was Advisors Asset Management, an estimated $3.48M added.
  • The largest Investcorp Credit Management BDC seller in Q2 2015 was Citadel Advisors, an estimated $440K sold.

Based on aggregated 13F filings for Q2 2015.