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Investcorp Credit Management BDC

29 hedge funds and large institutions have $59.5M invested in Investcorp Credit Management BDC in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.06% less ownership

Funds ownership: 52.12%51.07% (-1.1%)

6% less capital invested

Capital invested by funds: $63.1M → $59.5M (-$3.53M)

15% less funds holding

Funds holding: 3429 (-5)

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
29
Holders Change
-5
Holders Change %
-14.71%
% of All Funds
0.66%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
2
Increased
10
Reduced
7
Closed
7
Calls
$1K
Puts
Net Calls
+$1K
Net Calls Change
-$22K
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$32.8M
CC
2
Caxton Corporation
New Jersey
$7.7M +$62.7K +7,001 +0.8%
AAM
3
Advisors Asset Management
Colorado
$3.51M -$513K -57,341 -12%
TCM
4
Tegean Capital Management
New York
$2.27M
CIM
5
Confluence Investment Management
Missouri
$1.96M
RJA
6
Raymond James & Associates
Florida
$1.8M +$98.7K +11,020 +6%
BCM
7
Bridgeway Capital Management
Texas
$1.73M -$650K -72,605 -26%
JP Morgan Chase
8
JP Morgan Chase
New York
$1.62M +$25.6K +2,860 +2%
UBS Group
9
UBS Group
Switzerland
$1.3M +$2.73K +305 +0.2%
AM
10
Ares Management
California
$1.17M -$25K -2,791 -2%
Morgan Stanley
11
Morgan Stanley
New York
$657K -$92K -10,281 -12%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$647K -$57.3K -6,400 -8%
PCM
13
Prelude Capital Management
New York
$430K -$90.2K -10,070 -17%
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$315K
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$248K +$77.9K +8,704 +43%
SI
16
Stephens Inc
Arkansas
$235K +$6.14K +686 +3%
NFA
17
Nuveen Fund Advisors
Illinois
$203K -$14.6K -1,628 -6%
OC
18
Oppenheimer & Co
New York
$170K
AIM
19
Advantage Investment Management
Iowa
$158K +$54.8K +6,125 +50%
TRCT
20
Tower Research Capital (TRC)
New York
$131K +$75.8K +8,470 +123%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$87K
EGA
22
Eagle Global Advisors
Texas
$86K
Macquarie Group
23
Macquarie Group
Australia
$83K +$5.95K +665 +7%
SEI Investments
24
SEI Investments
Pennsylvania
$61K +$63.7K +7,116 New
Wells Fargo
25
Wells Fargo
California
$53K +$448 +50 +0.8%

ICMB Hedge Fund Activity: Q3 2018 in Review

29 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2018, worth a combined $59.5M — down 5.6% from $63.1M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of ICMB and 2 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 10 added.

The largest buyer was Raymond James & Associates, adding an estimated $98.7K. The largest seller was Bridgeway Capital Management, cutting an estimated $650K.

  • 29 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2018, down from 34 in Q2 2018.
  • Funds reported $59.5M of Investcorp Credit Management BDC stock for Q3 2018, down 5.6% quarter-over-quarter.
  • 2 funds opened new Investcorp Credit Management BDC positions in Q3 2018 and 7 closed out, a net change of -5 holders.
  • The largest Investcorp Credit Management BDC buyer in Q3 2018 was Raymond James & Associates, an estimated $98.7K added.
  • The largest Investcorp Credit Management BDC seller in Q3 2018 was Bridgeway Capital Management, an estimated $650K sold.

Based on aggregated 13F filings for Q3 2018.