LMP Capital and Income Fund
SCD
42 hedge funds and large institutions have $55.1M invested in LMP Capital and Income Fund in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 3 closing their positions.
333% more capital inflows, than outflows
Capital inflows: $7.09M | Capital outflows: $1.64M
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 38 → 42 (+4)
2.76% more ownership
Funds ownership: 23.52% → 26.29% (+2.8%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$2.55M |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
+$1.49M |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
+$584K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$448K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$681K |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$348K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$169K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$128K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$115K |
SCD Hedge Fund Activity: Q4 2020 in Review
42 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q4 2020, worth a combined $55.1M — up 28% from $43.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SCD positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.55M. The largest seller was Raymond James & Associates, cutting an estimated $681K.
- 42 institutional investors held LMP Capital and Income Fund (SCD) as of Q4 2020, up from 38 in Q3 2020.
- Funds reported $55.1M of LMP Capital and Income Fund stock for Q4 2020, up 28% quarter-over-quarter.
- 7 funds opened new LMP Capital and Income Fund positions in Q4 2020 and 3 closed out, a net change of +4 holders.
- The largest LMP Capital and Income Fund buyer in Q4 2020 was Karpus Investment Management, an estimated $2.55M added.
- The largest LMP Capital and Income Fund seller in Q4 2020 was Raymond James & Associates, an estimated $681K sold.
Based on aggregated 13F filings for Q4 2020.