Investcorp Credit Management BDC
ICMB
17 hedge funds and large institutions have $22.7M invested in Investcorp Credit Management BDC in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more funds holding
Funds holding: 16 → 17 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.65% less ownership
Funds ownership: 34.59% → 28.95% (-5.6%)
13% less capital invested
Capital invested by funds: $26M → $22.7M (-$3.34M)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $204K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$217K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$118K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$111K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$17.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
-$2.35M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.59M |
| 3 |
GG
Golden Green
Seneca,
South Carolina
|
-$73K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$71.8K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$35K |
ICMB Hedge Fund Activity: Q3 2021 in Review
17 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Investcorp Credit Management BDC (ICMB) for Q3 2021, worth a combined $22.7M — down 13% from $26M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ICMB positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $217K. The largest seller was Cyrus Capital Partners, cutting an estimated $2.35M.
- 17 institutional investors held Investcorp Credit Management BDC (ICMB) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $22.7M of Investcorp Credit Management BDC stock for Q3 2021, down 13% quarter-over-quarter.
- 3 funds opened new Investcorp Credit Management BDC positions in Q3 2021 and 2 closed out, a net change of +1 holder.
- The largest Investcorp Credit Management BDC buyer in Q3 2021 was Raymond James & Associates, an estimated $217K added.
- The largest Investcorp Credit Management BDC seller in Q3 2021 was Cyrus Capital Partners, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2021.