LMP Capital and Income Fund
SCD
40 hedge funds and large institutions have $71.1M invested in LMP Capital and Income Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 8 closing their positions.
4% less capital invested
Capital invested by funds: $73.8M → $71.1M (-$2.66M)
2.24% less ownership
Funds ownership: 31.26% → 29.02% (-2.2%)
15% less funds holding
Funds holding: 47 → 40 (-7)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.3M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.19M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$305K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$283K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.28M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.29M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.11M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.03M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$770K |
SCD Hedge Fund Activity: Q3 2016 in Review
40 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q3 2016, worth a combined $71.1M — down 3.6% from $73.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SCD and 2 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $2.3M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.28M sold.
- 40 institutional investors held LMP Capital and Income Fund (SCD) as of Q3 2016, down from 47 in Q2 2016.
- Funds reported $71.1M of LMP Capital and Income Fund stock for Q3 2016, down 3.6% quarter-over-quarter.
- 2 funds opened new LMP Capital and Income Fund positions in Q3 2016 and 8 closed out, a net change of -6 holders.
- The largest LMP Capital and Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $2.3M added.
- The largest LMP Capital and Income Fund seller in Q3 2016 was Wolverine Asset Management, an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2016.