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SCD

LMP Capital and Income Fund

30 hedge funds and large institutions have $77.4M invested in LMP Capital and Income Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

11% more funds holding

Funds holding: 2730 (+3)

6% more capital invested

Capital invested by funds: $72.8M → $77.4M (+$4.6M)

1.73% more ownership

Funds ownership: 23.95%25.69% (+1.7%)

Holders
30
Holders Change
+3
Holders Change %
+11.11%
% of All Funds
0.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$26.3M -$106K -6,382 -0.4%
Morgan Stanley
2
Morgan Stanley
New York
$13.4M -$43K -2,581 -0.3%
Invesco
3
Invesco
Georgia
$6.18M +$1.3M +78,104 +27%
Lazard Asset Management
4
Lazard Asset Management
New York
$5.89M +$167K +10,030 +3%
RJA
5
Raymond James & Associates
Florida
$4.83M +$524K +31,458 +12%
Wells Fargo
6
Wells Fargo
California
$3.77M +$217K +13,041 +6%
Cohen & Steers
7
Cohen & Steers
New York
$3.75M +$431K +25,835 +13%
GC
8
Guggenheim Capital
Illinois
$3.02M -$913K -54,789 -23%
WAM
9
Wolverine Asset Management
Illinois
$1.8M +$1.79M +107,369 New
CA
10
Cornerstone Advisors
North Carolina
$1.31M
CG
11
Caprock Group
Idaho
$1.15M +$1.14M +68,680 New
PAG
12
Private Advisor Group
New Jersey
$753K -$115K -6,900 -13%
CAS
13
Cue Advisory Services
Arizona
$674K +$670K +40,194 New
BBPWM
14
Blue Bell Private Wealth Management
Pennsylvania
$631K -$11K -660 -2%
TJHA
15
Thomas J. Herzfeld Advisors
Florida
$565K +$154K +9,225 +38%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$491K +$90.8K +5,445 +23%
Bank of America
17
Bank of America
North Carolina
$441K +$122K +7,314 +38%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$342K +$293K +17,596 +624%
UBS Group
19
UBS Group
Switzerland
$342K +$341K +20,435 New
SCM
20
Saba Capital Management
New York
$324K -$576K -34,537 -64%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$237K +$5.23K +314 +2%
OC
22
Oppenheimer & Co
New York
$231K +$230K +13,787 New
SFS
23
Shaker Financial Services
Virginia
$220K +$219K +13,127 New
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$193K -$35.3K -2,115 -16%
LPL Financial
25
LPL Financial
California
$186K -$7.33K -440 -4%

SCD Hedge Fund Activity: Q4 2014 in Review

30 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q4 2014, worth a combined $77.4M — up 6.3% from $72.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SCD positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 9 trimmed.

The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.79M. The largest seller was Guggenheim Capital, cutting an estimated $913K.

  • 30 institutional investors held LMP Capital and Income Fund (SCD) as of Q4 2014, up from 27 in Q3 2014.
  • Funds reported $77.4M of LMP Capital and Income Fund stock for Q4 2014, up 6.3% quarter-over-quarter.
  • 7 funds opened new LMP Capital and Income Fund positions in Q4 2014 and 3 closed out, a net change of +4 holders.
  • The largest LMP Capital and Income Fund buyer in Q4 2014 was Wolverine Asset Management, an estimated $1.79M added.
  • The largest LMP Capital and Income Fund seller in Q4 2014 was Guggenheim Capital, an estimated $913K sold.

Based on aggregated 13F filings for Q4 2014.