LMP Capital and Income Fund
SCD
39 hedge funds and large institutions have $28.9M invested in LMP Capital and Income Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
22% more funds holding
Funds holding: 32 → 39 (+7)
4.19% less ownership
Funds ownership: 24.32% → 20.13% (-4.2%)
57% less capital invested
Capital invested by funds: $68M → $28.9M (-$39.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$708K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$564K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$490K |
| 5 |
Morgan Stanley
New York
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$12.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.82M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.29M |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$36.4K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$26.9K |
SCD Hedge Fund Activity: Q1 2020 in Review
39 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q1 2020, worth a combined $28.9M — down 57% from $68M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SCD positions and 1 closed out — a net gain of 9 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.2M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $12.7M sold.
- 39 institutional investors held LMP Capital and Income Fund (SCD) as of Q1 2020, up from 32 in Q4 2019.
- Funds reported $28.9M of LMP Capital and Income Fund stock for Q1 2020, down 57% quarter-over-quarter.
- 10 funds opened new LMP Capital and Income Fund positions in Q1 2020 and 1 closed out, a net change of +9 holders.
- The largest LMP Capital and Income Fund buyer in Q1 2020 was Advisors Asset Management, an estimated $1.2M added.
- The largest LMP Capital and Income Fund seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2020.