Stellus Capital Investment Corp
SCM
31 hedge funds and large institutions have $29.3M invested in Stellus Capital Investment Corp in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
11% less funds holding
Funds holding: 35 → 31 (-4)
15.46% less ownership
Funds ownership: 36.05% → 20.58% (-15%)
46% less capital invested
Capital invested by funds: $54.3M → $29.3M (-$25M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$630K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$386K |
| 3 |
Morgan Stanley
New York
|
+$276K |
| 4 |
Citigroup
New York
|
+$102K |
| 5 |
Two Sigma Advisers
New York
|
+$97.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$22.6M |
| 2 |
CI
CAZ Investments
Houston,
Texas
|
-$506K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$370K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$368K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$307K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $16K | +$316 | +26 | +2% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $15K | – | – | – |
|
|
PI
28
PineBridge Investments
New York
| $11K | – | – | – |
|
29
Wells Fargo
San Francisco,
California
| $3K | -$21.4K | -1,756 | -88% |
|
|
HR
30
Howe & Rusling
Rochester,
New York
| $3K | – | – | – |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6 | -$9.37K | -770 | -59% |
|
|
32
D.E. Shaw & Co
New York
| – | -$22.6M | -1,875,058 | Closed |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$370K | -30,682 | Closed |
|
34
Citadel Advisors
Miami,
Florida
| – | -$257K | -21,270 | Closed |
|
35
Millennium Management
New York
| – | -$254K | -21,015 | Closed |
|
|
MUSU
36
Mitsubishi UFJ Securities (USA)
New York
| – | -$85K | -7,015 | Closed |
|
|
MSE
37
MUFG Securities EMEA
London,
United Kingdom
| – | -$85K | -7,015 | Closed |
|
38
Bank of America
Charlotte,
North Carolina
| – | -$14K | -1,119 | Closed |
|
SCM Hedge Fund Activity: Q2 2015 in Review
31 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q2 2015, worth a combined $29.3M — down 46% from $54.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SCM and 3 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Raymond James & Associates, adding an estimated $630K. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $22.6M sold.
- 31 institutional investors held Stellus Capital Investment Corp (SCM) as of Q2 2015, down from 35 in Q1 2015.
- Funds reported $29.3M of Stellus Capital Investment Corp stock for Q2 2015, down 46% quarter-over-quarter.
- 3 funds opened new Stellus Capital Investment Corp positions in Q2 2015 and 7 closed out, a net change of -4 holders.
- The largest Stellus Capital Investment Corp buyer in Q2 2015 was Raymond James & Associates, an estimated $630K added.
- The largest Stellus Capital Investment Corp seller in Q2 2015 was D.E. Shaw & Co, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2015.