Investcorp Credit Management BDC
ICMB
26 hedge funds and large institutions have $56.2M invested in Investcorp Credit Management BDC in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 5 closing their positions.
10% more capital invested
Capital invested by funds: $51.1M → $56.2M (+$5.06M)
4.3% more ownership
Funds ownership: 46.13% → 50.42% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less funds holding
Funds holding: 30 → 26 (-4)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$6.09M |
| 2 |
TCM
Tegean Capital Management
New York
|
+$959K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$242K |
| 4 |
Morgan Stanley
New York
|
+$124K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$16.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$719K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$518K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$465K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$239K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$210K |
ICMB Hedge Fund Activity: Q1 2018 in Review
26 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2018, worth a combined $56.2M — up 9.9% from $51.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ICMB and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Caxton Corporation, adding an estimated $6.09M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $719K sold.
- 26 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2018, down from 30 in Q4 2017.
- Funds reported $56.2M of Investcorp Credit Management BDC stock for Q1 2018, up 9.9% quarter-over-quarter.
- 1 fund opened new Investcorp Credit Management BDC positions in Q1 2018 and 5 closed out, a net change of -4 holders.
- The largest Investcorp Credit Management BDC buyer in Q1 2018 was Caxton Corporation, an estimated $6.09M added.
- The largest Investcorp Credit Management BDC seller in Q1 2018 was Kennedy Capital Management, an estimated $719K sold.
Based on aggregated 13F filings for Q1 2018.