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Investcorp Credit Management BDC

16 hedge funds and large institutions have $26M invested in Investcorp Credit Management BDC in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.59% less ownership

Funds ownership: 37.18%34.59% (-2.6%)

10% less capital invested

Capital invested by funds: $29M → $26M (-$3.01M)

16% less funds holding

Funds holding: 1916 (-3)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $110K

Holders
16
Holders Change
-3
Holders Change %
-15.79%
% of All Funds
0.28%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
4
Reduced
6
Closed
5
Calls
Puts
$110K
Net Calls
-$110K
Net Calls Change
-$72K
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
1
Cyrus Capital Partners
New York
$20.6M
KCM
2
Kennedy Capital Management
Missouri
$1.59M -$1.76M -307,819 -51%
RJA
3
Raymond James & Associates
Florida
$1.58M +$113K +19,645 +7%
CIM
4
Confluence Investment Management
Missouri
$719K
BCM
5
Bridgeway Capital Management
Texas
$390K -$51.6K -9,000 -11%
IAIM
6
International Assets Investment Management
Florida
$288K -$305K -53,298 -50%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$281K +$89.5K +15,624 +43%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$110K +$116K +20,270 New
SI
9
Stephens Inc
Arkansas
$96K -$412 -72 -0.4%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$93K +$15.9K +2,771 +20%
Citadel Advisors
11
Citadel Advisors
Florida
$79K +$82.3K +14,361 New
LPL Financial
12
LPL Financial
California
$78K +$13K +2,266 +19%
GG
13
Golden Green
South Carolina
$73K -$309 -54 -0.4%
Morgan Stanley
14
Morgan Stanley
New York
$21K
Osaic Holdings
15
Osaic Holdings
Arizona
$9K
California Public Employees Retirement System
16
California Public Employees Retirement System
California
-$206K -36,600 Closed
VF
17
Virtu Financial
New York
-$68K -12,072 Closed
JP Morgan Chase
18
JP Morgan Chase
New York
-$42K -7,500 Closed
UBS Group
19
UBS Group
Switzerland
-$31K -5,447 Closed
Wells Fargo
20
Wells Fargo
California
-$14.1K -2,456 -100%
TRCT
21
Tower Research Capital (TRC)
New York
-$4K -708 Closed

ICMB Hedge Fund Activity: Q2 2021 in Review

16 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q2 2021, worth a combined $26M — down 10% from $29M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of ICMB and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 4 added.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $116K. The largest seller was Kennedy Capital Management, cutting an estimated $1.76M.

  • 16 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q2 2021, down from 19 in Q1 2021.
  • Funds reported $26M of Investcorp Credit Management BDC stock for Q2 2021, down 10% quarter-over-quarter.
  • 2 funds opened new Investcorp Credit Management BDC positions in Q2 2021 and 5 closed out, a net change of -3 holders.
  • The largest Investcorp Credit Management BDC buyer in Q2 2021 was Acadian Asset Management, an estimated $116K added.
  • The largest Investcorp Credit Management BDC seller in Q2 2021 was Kennedy Capital Management, an estimated $1.76M sold.

Based on aggregated 13F filings for Q2 2021.