LMP Capital and Income Fund
SCD
39 hedge funds and large institutions have $66.4M invested in LMP Capital and Income Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
22% more funds holding
Funds holding: 32 → 39 (+7)
0.23% more ownership
Funds ownership: 26.25% → 26.48% (+0.23%)
3% less capital invested
Capital invested by funds: $68.6M → $66.4M (-$2.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.5M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.34M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.33M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$793K |
| 5 |
Cohen & Steers
New York
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.23M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$955K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$524K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$461K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$217K |
SCD Hedge Fund Activity: Q4 2017 in Review
39 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q4 2017, worth a combined $66.4M — down 3.2% from $68.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SCD positions and 4 closed out — a net gain of 7 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.5M. The largest seller was Wells Fargo, cutting an estimated $6.23M.
- 39 institutional investors held LMP Capital and Income Fund (SCD) as of Q4 2017, up from 32 in Q3 2017.
- Funds reported $66.4M of LMP Capital and Income Fund stock for Q4 2017, down 3.2% quarter-over-quarter.
- 11 funds opened new LMP Capital and Income Fund positions in Q4 2017 and 4 closed out, a net change of +7 holders.
- The largest LMP Capital and Income Fund buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.5M added.
- The largest LMP Capital and Income Fund seller in Q4 2017 was Wells Fargo, an estimated $6.23M sold.
Based on aggregated 13F filings for Q4 2017.