LMP Capital and Income Fund
SCD
36 hedge funds and large institutions have $58.1M invested in LMP Capital and Income Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 12 closing their positions.
6% more capital invested
Capital invested by funds: $55.1M → $58.1M (+$3.05M)
0.81% less ownership
Funds ownership: 26.29% → 25.48% (-0.81%)
14% less funds holding
Funds holding: 42 → 36 (-6)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.59M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.12M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$736K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$524K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.64M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$959K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$624K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$475K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$473K |
SCD Hedge Fund Activity: Q1 2021 in Review
36 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q1 2021, worth a combined $58.1M — up 5.5% from $55.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SCD and 6 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.59M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.64M.
- 36 institutional investors held LMP Capital and Income Fund (SCD) as of Q1 2021, down from 42 in Q4 2020.
- Funds reported $58.1M of LMP Capital and Income Fund stock for Q1 2021, up 5.5% quarter-over-quarter.
- 6 funds opened new LMP Capital and Income Fund positions in Q1 2021 and 12 closed out, a net change of -6 holders.
- The largest LMP Capital and Income Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $1.59M added.
- The largest LMP Capital and Income Fund seller in Q1 2021 was Raymond James Financial Services Advisors, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2021.