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Investcorp Credit Management BDC

19 hedge funds and large institutions have $29M invested in Investcorp Credit Management BDC in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.65% less ownership

Funds ownership: 39.83%37.18% (-2.6%)

5% less funds holding

Funds holding: 2019 (-1)

5% less capital invested

Capital invested by funds: $30.7M → $29M (-$1.62M)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

36% less call options, than puts

Call options by funds: $68K | Put options by funds: $106K

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
6
Reduced
3
Closed
5
Calls
$68K
Puts
$106K
Net Calls
-$38K
Net Calls Change
-$282K
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$21.5M
KCM
2
Kennedy Capital Management
Missouri
$3.38M -$1.85M -355,290 -37%
RJA
3
Raymond James & Associates
Florida
$1.54M +$77.4K +14,841 +6%
CIM
4
Confluence Investment Management
Missouri
$733K
IAIM
5
International Assets Investment Management
Florida
$554K +$278K +53,298 +100%
BCM
6
Bridgeway Capital Management
Texas
$447K -$139K -26,600 -25%
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$206K
RJFSA
8
Raymond James Financial Services Advisors
Florida
$205K +$32.5K +6,224 +21%
SI
9
Stephens Inc
Arkansas
$100K
Geode Capital Management
10
Geode Capital Management
Massachusetts
$79K
GG
11
Golden Green
South Carolina
$77K +$71K +13,616 New
LPL Financial
12
LPL Financial
California
$69K -$5.22K -1,000 -8%
VF
13
Virtu Financial
New York
$68K +$63K +12,072 New
JP Morgan Chase
14
JP Morgan Chase
New York
$42K
UBS Group
15
UBS Group
Switzerland
$31K +$28.4K +5,447 New
Morgan Stanley
16
Morgan Stanley
New York
$22K +$20.3K +3,900 New
Wells Fargo
17
Wells Fargo
California
$14K +$4.17K +800 +48%
Osaic Holdings
18
Osaic Holdings
Arizona
$9K +$8.69K +1,666 +4,384%
TRCT
19
Tower Research Capital (TRC)
New York
$4K +$3K +576 +436%
AAM
20
Advisors Asset Management
Colorado
-$149K -31,222 Closed
OC
21
Oppenheimer & Co
New York
-$112K -23,516 Closed
WI
22
Wintrust Investments
Illinois
-$4.4M -23,200 Closed
Millennium Management
23
Millennium Management
New York
-$74K -15,474 Closed
Deutsche Bank
24
Deutsche Bank
Germany
-$4K -938 Closed

ICMB Hedge Fund Activity: Q1 2021 in Review

19 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q1 2021, worth a combined $29M — down 5.3% from $30.7M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of ICMB and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.

The largest buyer was International Assets Investment Management, adding an estimated $278K. The largest seller was Wintrust Investments, exiting entirely with an estimated $4.4M sold.

  • 19 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q1 2021, down from 20 in Q4 2020.
  • Funds reported $29M of Investcorp Credit Management BDC stock for Q1 2021, down 5.3% quarter-over-quarter.
  • 4 funds opened new Investcorp Credit Management BDC positions in Q1 2021 and 5 closed out, a net change of -1 holder.
  • The largest Investcorp Credit Management BDC buyer in Q1 2021 was International Assets Investment Management, an estimated $278K added.
  • The largest Investcorp Credit Management BDC seller in Q1 2021 was Wintrust Investments, an estimated $4.4M sold.

Based on aggregated 13F filings for Q1 2021.