Investcorp Credit Management BDC
ICMB
16 hedge funds and large institutions have $56.8M invested in Investcorp Credit Management BDC in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 19 → 16 (-3)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
31% less capital inflows, than outflows
Capital inflows: $2.7M | Capital outflows: $3.9M
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$1.07M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$939K |
| 3 |
Confluence Investment Management
St. Louis,
Missouri
|
+$227K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$219K |
| 5 |
Caxton Corporation
Princeton,
New Jersey
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClariVest Asset Management
San Diego,
California
|
-$1.6M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$738K |
| 3 |
Yorktown Management & Research Company
Forest,
Virginia
|
-$686K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$273K |
| 5 |
Morgan Stanley
New York
|
-$266K |
ICMB Hedge Fund Activity: Q3 2015 in Review
16 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2015, worth a combined $56.8M — down 26% from $76.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ICMB and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.07M. The largest seller was ClariVest Asset Management, exiting entirely with an estimated $1.6M sold.
- 16 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2015, down from 19 in Q2 2015.
- Funds reported $56.8M of Investcorp Credit Management BDC stock for Q3 2015, down 26% quarter-over-quarter.
- 2 funds opened new Investcorp Credit Management BDC positions in Q3 2015 and 5 closed out, a net change of -3 holders.
- The largest Investcorp Credit Management BDC buyer in Q3 2015 was Advisors Asset Management, an estimated $1.07M added.
- The largest Investcorp Credit Management BDC seller in Q3 2015 was ClariVest Asset Management, an estimated $1.6M sold.
Based on aggregated 13F filings for Q3 2015.