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Investcorp Credit Management BDC

28 hedge funds and large institutions have $58.5M invested in Investcorp Credit Management BDC in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

67% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 6

17% more funds holding

Funds holding: 2428 (+4)

7% more capital invested

Capital invested by funds: $54.9M → $58.5M (+$3.59M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.03% less ownership

Funds ownership: 43.41%42.38% (-1%)

53% less call options, than puts

Call options by funds: $108K | Put options by funds: $229K

Holders
28
Holders Change
+4
Holders Change %
+16.67%
% of All Funds
0.7%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
6
Increased
10
Reduced
6
Closed
2
Calls
$108K
Puts
$229K
Net Calls
-$121K
Net Calls Change
+$155K
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$38.8M
AAM
2
Advisors Asset Management
Colorado
$6.59M -$1.91M -193,973 -23%
RJA
3
Raymond James & Associates
Florida
$3.48M +$190K +19,324 +6%
CIM
4
Confluence Investment Management
Missouri
$2.41M -$23.4K -2,386 -1%
UBS Group
5
UBS Group
Switzerland
$1.87M +$345K +35,084 +23%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$1.07M +$49.6K +5,049 +5%
AM
7
Ares Management
California
$691K +$143K +14,602 +27%
CC
8
Caxton Corporation
New Jersey
$540K +$103K +10,520 +24%
SI
9
Stephens Inc
Arkansas
$489K +$13.1K +1,338 +3%
NFA
10
Nuveen Fund Advisors
Illinois
$439K +$121K +12,343 +40%
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$371K
Stifel Financial
12
Stifel Financial
Missouri
$367K +$2.48K +253 +0.7%
OC
13
Oppenheimer & Co
New York
$356K -$9.89K -1,007 -3%
EGA
14
Eagle Global Advisors
Texas
$231K +$51.8K +5,277 +30%
MC
15
Moors & Cabot
Massachusetts
$193K -$27.4K -2,794 -13%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$149K +$146K +14,848 New
VKH
17
Virtu KCG Holdings
New York
$133K +$130K +13,185 New
Morgan Stanley
18
Morgan Stanley
New York
$121K -$20K -2,036 -15%
JP Morgan Chase
19
JP Morgan Chase
New York
$76K
AIM
20
Acrospire Investment Management
Illinois
$56K -$64K -6,512 -54%
AIM
21
Advantage Investment Management
Iowa
$36K +$35.4K +3,605 New
Citigroup
22
Citigroup
New York
$35K +$4.47K +455 +15%
BC
23
Barnett & Company
Tennessee
$10K
Barclays
24
Barclays
United Kingdom
$5K +$4.59K +467 New
Creative Planning
25
Creative Planning
Kansas
$5K +$4.88K +497 New

ICMB Hedge Fund Activity: Q1 2017 in Review

28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2017, worth a combined $58.5M — up 6.5% from $54.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new ICMB positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 6 trimmed.

The largest buyer was UBS Group, adding an estimated $345K. The largest seller was Advisors Asset Management, cutting an estimated $1.91M.

  • 28 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2017, up from 24 in Q4 2016.
  • Funds reported $58.5M of Investcorp Credit Management BDC stock for Q1 2017, up 6.5% quarter-over-quarter.
  • 6 funds opened new Investcorp Credit Management BDC positions in Q1 2017 and 2 closed out, a net change of +4 holders.
  • The largest Investcorp Credit Management BDC buyer in Q1 2017 was UBS Group, an estimated $345K added.
  • The largest Investcorp Credit Management BDC seller in Q1 2017 was Advisors Asset Management, an estimated $1.91M sold.

Based on aggregated 13F filings for Q1 2017.