LMP Capital and Income Fund
SCD
26 hedge funds and large institutions have $64.1M invested in LMP Capital and Income Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
15% more capital invested
Capital invested by funds: $56M → $64.1M (+$8.18M)
2.43% more ownership
Funds ownership: 19.72% → 22.15% (+2.4%)
7% less funds holding
Funds holding: 28 → 26 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.75M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.72M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$855K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$736K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$636K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$543K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$408K |
| 3 |
CPA
Cowen Prime Advisors
New York
|
-$395K |
| 4 |
Lazard Asset Management
New York
|
-$231K |
| 5 |
Barclays
London,
United Kingdom
|
-$226K |
SCD Hedge Fund Activity: Q1 2014 in Review
26 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q1 2014, worth a combined $64.1M — up 15% from $56M 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 11 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.75M. The largest seller was SG Americas Securities, exiting entirely with an estimated $543K sold.
- 26 institutional investors held LMP Capital and Income Fund (SCD) as of Q1 2014, down from 28 in Q4 2013.
- Funds reported $64.1M of LMP Capital and Income Fund stock for Q1 2014, up 15% quarter-over-quarter.
- 3 funds opened new LMP Capital and Income Fund positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest LMP Capital and Income Fund buyer in Q1 2014 was Advisors Asset Management, an estimated $3.75M added.
- The largest LMP Capital and Income Fund seller in Q1 2014 was SG Americas Securities, an estimated $543K sold.
Based on aggregated 13F filings for Q1 2014.