LMP Capital and Income Fund
SCD
37 hedge funds and large institutions have $41.9M invested in LMP Capital and Income Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
45% more capital invested
Capital invested by funds: $28.9M → $41.9M (+$13M)
3.15% more ownership
Funds ownership: 20.13% → 23.28% (+3.2%)
5% less funds holding
Funds holding: 39 → 37 (-2)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.67M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.66M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$580K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$368K |
| 5 |
LPL Financial
San Diego,
California
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.75M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.68M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$884K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$430K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$339K |
SCD Hedge Fund Activity: Q2 2020 in Review
37 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q2 2020, worth a combined $41.9M — up 45% from $28.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SCD and 3 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 12 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $8.67M. The largest seller was Morgan Stanley, cutting an estimated $2.75M.
- 37 institutional investors held LMP Capital and Income Fund (SCD) as of Q2 2020, down from 39 in Q1 2020.
- Funds reported $41.9M of LMP Capital and Income Fund stock for Q2 2020, up 45% quarter-over-quarter.
- 3 funds opened new LMP Capital and Income Fund positions in Q2 2020 and 5 closed out, a net change of -2 holders.
- The largest LMP Capital and Income Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $8.67M added.
- The largest LMP Capital and Income Fund seller in Q2 2020 was Morgan Stanley, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2020.