LMP Capital and Income Fund
SCD
50 hedge funds and large institutions have $67.9M invested in LMP Capital and Income Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 11 closing their positions.
0.21% less ownership
Funds ownership: 30.73% → 30.52% (-0.21%)
1% less capital invested
Capital invested by funds: $68.4M → $67.9M (-$468K)
11% less funds holding
Funds holding: 56 → 50 (-6)
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.39M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$728K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$603K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$520K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.09M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.41M |
| 3 |
SG Americas Securities
New York
|
-$441K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$381K |
| 5 |
Morgan Stanley
New York
|
-$373K |
SCD Hedge Fund Activity: Q1 2016 in Review
50 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q1 2016, worth a combined $67.9M — down 0.68% from $68.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SCD and 5 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 16 added.
The largest buyer was Wells Fargo, adding an estimated $3.39M. The largest seller was Advisors Asset Management, cutting an estimated $2.09M.
- 50 institutional investors held LMP Capital and Income Fund (SCD) as of Q1 2016, down from 56 in Q4 2015.
- Funds reported $67.9M of LMP Capital and Income Fund stock for Q1 2016, down 0.68% quarter-over-quarter.
- 5 funds opened new LMP Capital and Income Fund positions in Q1 2016 and 11 closed out, a net change of -6 holders.
- The largest LMP Capital and Income Fund buyer in Q1 2016 was Wells Fargo, an estimated $3.39M added.
- The largest LMP Capital and Income Fund seller in Q1 2016 was Advisors Asset Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q1 2016.