Investcorp Credit Management BDC
ICMB
24 hedge funds and large institutions have $53.4M invested in Investcorp Credit Management BDC in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
9% more funds holding
Funds holding: 22 → 24 (+2)
6% more capital invested
Capital invested by funds: $50.3M → $53.4M (+$3.12M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$906K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$582K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$215K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$215K |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Caxton Corporation
Princeton,
New Jersey
|
-$160K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$60.5K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$39.2K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$35.3K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22K |
ICMB Hedge Fund Activity: Q3 2016 in Review
24 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2016, worth a combined $53.4M — up 6.2% from $50.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ICMB positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Ares Management, adding an estimated $906K. The largest seller was Caxton Corporation, cutting an estimated $160K.
- 24 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2016, up from 22 in Q2 2016.
- Funds reported $53.4M of Investcorp Credit Management BDC stock for Q3 2016, up 6.2% quarter-over-quarter.
- 4 funds opened new Investcorp Credit Management BDC positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest Investcorp Credit Management BDC buyer in Q3 2016 was Ares Management, an estimated $906K added.
- The largest Investcorp Credit Management BDC seller in Q3 2016 was Caxton Corporation, an estimated $160K sold.
Based on aggregated 13F filings for Q3 2016.