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Investcorp Credit Management BDC

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.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

9% more funds holding

Funds holding: 2224 (+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: 21 (-1)

Holders
24
Holders Change
+2
Holders Change %
+9.09%
% of All Funds
0.64%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
4
Increased
7
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$34.7M
AAM
2
Advisors Asset Management
Colorado
$8.41M +$582K +61,733 +7%
RJA
3
Raymond James & Associates
Florida
$2.42M -$35.3K -3,744 -1%
CIM
4
Confluence Investment Management
Missouri
$1.96M +$170K +18,067 +9%
UBS Group
5
UBS Group
Switzerland
$1.31M +$81.6K +8,660 +6%
AM
6
Ares Management
California
$1.26M +$906K +96,120 +221%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$871K -$39.2K -4,165 -4%
SI
8
Stephens Inc
Arkansas
$430K -$15K -1,588 -3%
Stifel Financial
9
Stifel Financial
Missouri
$357K -$60.5K -6,417 -14%
OC
10
Oppenheimer & Co
New York
$333K -$3.77K -400 -1%
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$333K
NFA
12
Nuveen Fund Advisors
Illinois
$218K +$95.6K +10,146 +72%
BCM
13
Bridgeway Capital Management
Texas
$207K +$215K +22,859 New
MC
14
Moors & Cabot
Massachusetts
$206K +$215K +22,816 New
CC
15
Caxton Corporation
New Jersey
$149K -$160K -16,956 -51%
JP Morgan Chase
16
JP Morgan Chase
New York
$68K
AIM
17
Acrospire Investment Management
Illinois
$55K +$57K +6,046 New
Citigroup
18
Citigroup
New York
$37K +$650 +69 +2%
Morgan Stanley
19
Morgan Stanley
New York
$16K -$8.55K -908 -33%
BC
20
Barnett & Company
Tennessee
$9K -$9.49K -1,007 -50%
TRCT
21
Tower Research Capital (TRC)
New York
$7K +$7.17K +761 +12,683%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
-$22K -2,518 Closed
CG
23
Cutler Group
California
-$10.4K -1,107 -92%
Deutsche Bank
24
Deutsche Bank
Germany
-$6K -690 Closed
Simplex Trading
25
Simplex Trading
Illinois
+$490 +52 New

ICMB Hedge Fund Activity: Q3 2016 in Review

24 of the 3,748 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.