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Investcorp Credit Management BDC

28 hedge funds and large institutions have $60.4M invested in Investcorp Credit Management BDC in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more ownership

Funds ownership: 42.38%44.39% (+2%)

3% more capital invested

Capital invested by funds: $58.5M → $60.4M (+$1.87M)

0% more funds holding

Funds holding: 2828 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

79% less call options, than puts

Call options by funds: $145K | Put options by funds: $676K

Holders
28
Holders Change
Holders Change %
0%
% 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
3
Increased
8
Reduced
11
Closed
3
Calls
$145K
Puts
$676K
Net Calls
-$531K
Net Calls Change
-$410K
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$38.2M
AAM
2
Advisors Asset Management
Colorado
$6.02M -$488K -47,582 -7%
RJA
3
Raymond James & Associates
Florida
$3.46M +$31.8K +3,103 +0.9%
CIM
4
Confluence Investment Management
Missouri
$2.3M -$70.4K -6,876 -3%
BCM
5
Bridgeway Capital Management
Texas
$2.08M +$2.14M +208,953 New
UBS Group
6
UBS Group
Switzerland
$1.79M -$56.1K -5,473 -3%
AM
7
Ares Management
California
$1.06M +$388K +37,859 +55%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$989K -$65K -6,345 -6%
Morgan Stanley
9
Morgan Stanley
New York
$861K +$766K +74,733 +625%
NFA
10
Nuveen Fund Advisors
Illinois
$556K +$119K +11,614 +27%
CC
11
Caxton Corporation
New Jersey
$551K +$19.6K +1,912 +4%
SI
12
Stephens Inc
Arkansas
$492K +$9.76K +953 +2%
Simplex Trading
13
Simplex Trading
Illinois
$435K +$449K +43,839 New
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$366K
OC
15
Oppenheimer & Co
New York
$321K -$31K -3,021 -9%
EGA
16
Eagle Global Advisors
Texas
$272K +$46.4K +4,532 +20%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$235K +$242K +23,648 New
Stifel Financial
18
Stifel Financial
Missouri
$134K -$239K -23,307 -63%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$101K -$47.1K -4,599 -31%
JP Morgan Chase
20
JP Morgan Chase
New York
$75K
AIM
21
Advantage Investment Management
Iowa
$48K +$12.2K +1,190 +33%
BC
22
Barnett & Company
Tennessee
$10K
AIM
23
Acrospire Investment Management
Illinois
$6K -$51.1K -4,986 -90%
Wells Fargo
24
Wells Fargo
California
$5K -$10 -1 -0.2%
Creative Planning
25
Creative Planning
Kansas
$5K

ICMB Hedge Fund Activity: Q2 2017 in Review

28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2017, worth a combined $60.4M — up 3.2% from $58.5M a quarter earlier.

Fund positioning in ICMB was balanced in Q2 2017: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 11 trimmed.

The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $2.14M. The largest seller was Advisors Asset Management, cutting an estimated $488K.

  • 28 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $60.4M of Investcorp Credit Management BDC stock for Q2 2017, up 3.2% quarter-over-quarter.
  • 3 funds opened new Investcorp Credit Management BDC positions in Q2 2017 and 3 closed out, a net change of 0 holders.
  • The largest Investcorp Credit Management BDC buyer in Q2 2017 was Bridgeway Capital Management, an estimated $2.14M added.
  • The largest Investcorp Credit Management BDC seller in Q2 2017 was Advisors Asset Management, an estimated $488K sold.

Based on aggregated 13F filings for Q2 2017.