Investcorp Credit Management BDC
ICMB
19 hedge funds and large institutions have $47.1M invested in Investcorp Credit Management BDC in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% less funds holding
Funds holding: 21 → 19 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
17% less capital invested
Capital invested by funds: $56.5M → $47.1M (-$9.44M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$168K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$164K |
| 3 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$111K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$77.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$483K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$127K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$103K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$100K |
| 5 |
Morgan Stanley
New York
|
-$99K |
ICMB Hedge Fund Activity: Q1 2016 in Review
19 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2016, worth a combined $47.1M — down 17% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ICMB and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Confluence Investment Management, adding an estimated $168K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $483K sold.
- 19 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2016, down from 21 in Q4 2015.
- Funds reported $47.1M of Investcorp Credit Management BDC stock for Q1 2016, down 17% quarter-over-quarter.
- 3 funds opened new Investcorp Credit Management BDC positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest Investcorp Credit Management BDC buyer in Q1 2016 was Confluence Investment Management, an estimated $168K added.
- The largest Investcorp Credit Management BDC seller in Q1 2016 was Guggenheim Capital, an estimated $483K sold.
Based on aggregated 13F filings for Q1 2016.