LMP Capital and Income Fund
SCD
43 hedge funds and large institutions have $50.8M invested in LMP Capital and Income Fund in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
30% more funds holding
Funds holding: 33 → 43 (+10)
1.02% more ownership
Funds ownership: 25.4% → 26.42% (+1%)
19% less capital invested
Capital invested by funds: $62.4M → $50.8M (-$11.6M)
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.96M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$990K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$737K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$708K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$704K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.29M |
| 2 |
Cohen & Steers
New York
|
-$955K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$558K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$425K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$259K |
SCD Hedge Fund Activity: Q4 2018 in Review
43 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q4 2018, worth a combined $50.8M — down 19% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SCD positions and 5 closed out — a net gain of 10 holders — while 7 added to existing stakes and 16 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.96M. The largest seller was Morgan Stanley, cutting an estimated $1.29M.
- 43 institutional investors held LMP Capital and Income Fund (SCD) as of Q4 2018, up from 33 in Q3 2018.
- Funds reported $50.8M of LMP Capital and Income Fund stock for Q4 2018, down 19% quarter-over-quarter.
- 15 funds opened new LMP Capital and Income Fund positions in Q4 2018 and 5 closed out, a net change of +10 holders.
- The largest LMP Capital and Income Fund buyer in Q4 2018 was Wolverine Asset Management, an estimated $1.96M added.
- The largest LMP Capital and Income Fund seller in Q4 2018 was Morgan Stanley, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2018.