LMP Capital and Income Fund
SCD
28 hedge funds and large institutions have $56M invested in LMP Capital and Income Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 4 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
29% more capital invested
Capital invested by funds: $43.5M → $56M (+$12.5M)
3.46% more ownership
Funds ownership: 16.26% → 19.72% (+3.5%)
3% less funds holding
Funds holding: 29 → 28 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$3.76M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.75M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.05M |
| 4 |
Morgan Stanley
New York
|
+$747K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$602K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$693K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$653K |
| 3 |
Cohen & Steers
New York
|
-$467K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$201K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$165K |
SCD Hedge Fund Activity: Q4 2013 in Review
28 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q4 2013, worth a combined $56M — up 29% from $43.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SCD and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 15 added.
The largest buyer was Lazard Asset Management, adding an estimated $3.76M. The largest seller was Doliver Advisors, exiting entirely with an estimated $693K sold.
- 28 institutional investors held LMP Capital and Income Fund (SCD) as of Q4 2013, down from 29 in Q3 2013.
- Funds reported $56M of LMP Capital and Income Fund stock for Q4 2013, up 29% quarter-over-quarter.
- 3 funds opened new LMP Capital and Income Fund positions in Q4 2013 and 4 closed out, a net change of -1 holder.
- The largest LMP Capital and Income Fund buyer in Q4 2013 was Lazard Asset Management, an estimated $3.76M added.
- The largest LMP Capital and Income Fund seller in Q4 2013 was Doliver Advisors, an estimated $693K sold.
Based on aggregated 13F filings for Q4 2013.