LMP Capital and Income Fund
SCD
34 hedge funds and large institutions have $53.7M invested in LMP Capital and Income Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 11 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
2.5% less ownership
Funds ownership: 24.51% → 22% (-2.5%)
6% less capital invested
Capital invested by funds: $56.9M → $53.7M (-$3.23M)
17% less funds holding
Funds holding: 41 → 34 (-7)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$642K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$567K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$563K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$396K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.78M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.52M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.34M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$735K |
| 5 |
Morgan Stanley
New York
|
-$729K |
SCD Hedge Fund Activity: Q2 2019 in Review
34 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q2 2019, worth a combined $53.7M — down 5.7% from $56.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SCD and 4 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $642K. The largest seller was Lazard Asset Management, exiting entirely with an estimated $1.78M sold.
- 34 institutional investors held LMP Capital and Income Fund (SCD) as of Q2 2019, down from 41 in Q1 2019.
- Funds reported $53.7M of LMP Capital and Income Fund stock for Q2 2019, down 5.7% quarter-over-quarter.
- 4 funds opened new LMP Capital and Income Fund positions in Q2 2019 and 11 closed out, a net change of -7 holders.
- The largest LMP Capital and Income Fund buyer in Q2 2019 was Parametric Portfolio Associates, an estimated $642K added.
- The largest LMP Capital and Income Fund seller in Q2 2019 was Lazard Asset Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q2 2019.