LMP Capital and Income Fund
SCD
44 hedge funds and large institutions have $55.5M invested in LMP Capital and Income Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
15% more capital inflows, than outflows
Capital inflows: $4.48M | Capital outflows: $3.91M
7% more funds holding
Funds holding: 41 → 44 (+3)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.25% more ownership
Funds ownership: 25.61% → 25.87% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$1.21M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$702K |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
+$527K |
| 4 |
AQR Arbitrage
Greenwich,
Connecticut
|
+$276K |
| 5 |
1607 Capital Partners
Richmond,
Virginia
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.44M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$698K |
| 3 |
Morgan Stanley
New York
|
-$566K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$342K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$157K |
SCD Hedge Fund Activity: Q1 2023 in Review
44 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in LMP Capital and Income Fund (SCD) for Q1 2023, worth a combined $55.5M — up 2.6% from $54.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SCD positions and 5 closed out — a net gain of 5 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.21M. The largest seller was Wells Fargo, cutting an estimated $1.44M.
- 44 institutional investors held LMP Capital and Income Fund (SCD) as of Q1 2023, up from 41 in Q4 2022.
- Funds reported $55.5M of LMP Capital and Income Fund stock for Q1 2023, up 2.6% quarter-over-quarter.
- 10 funds opened new LMP Capital and Income Fund positions in Q1 2023 and 5 closed out, a net change of +5 holders.
- The largest LMP Capital and Income Fund buyer in Q1 2023 was Karpus Investment Management, an estimated $1.21M added.
- The largest LMP Capital and Income Fund seller in Q1 2023 was Wells Fargo, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2023.