Stellus Capital Investment Corp
SCM
31 hedge funds and large institutions have $24.8M invested in Stellus Capital Investment Corp in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.34% less ownership
Funds ownership: 20.97% → 20.62% (-0.34%)
6% less capital invested
Capital invested by funds: $26.4M → $24.8M (-$1.55M)
11% less funds holding
Funds holding: 35 → 31 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$924K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$295K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$200K |
| 4 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$145K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.13M |
| 2 |
Millennium Management
New York
|
-$218K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$136K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$115K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
ADL
27
Asset Dedication LLC
San Francisco,
California
| $4K | +$4.05K | +394 | New |
|
|
HR
28
Howe & Rusling
Rochester,
New York
| $2K | – | – | – |
|
29
Wells Fargo
San Francisco,
California
| $2K | +$10 | +1 | +0.4% |
|
|
CG
30
Cutler Group
San Francisco,
California
| $2K | +$3.08K | +299 | New |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5 | – | – | – |
|
|
32
Millennium Management
New York
| – | -$218K | -21,675 | Closed |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$136K | -13,456 | Closed |
|
|
34
Stifel Financial
St. Louis,
Missouri
| – | -$111K | -11,000 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$105K | -10,400 | Closed |
|
36
Goldman Sachs
New York
| – | -$102K | -10,126 | Closed |
|
|
GT
37
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$30K | -3,000 | Closed |
|
38
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -1,000 | Closed |
|
|
WCM
39
Windsor Capital Management
Phoenix,
Arizona
| – | -$4K | -400 | Closed |
|
SCM Hedge Fund Activity: Q4 2015 in Review
31 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q4 2015, worth a combined $24.8M — down 5.9% from $26.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SCM and 4 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Confluence Investment Management, adding an estimated $924K. The largest seller was Yorktown Management & Research Company, cutting an estimated $1.13M.
- 31 institutional investors held Stellus Capital Investment Corp (SCM) as of Q4 2015, down from 35 in Q3 2015.
- Funds reported $24.8M of Stellus Capital Investment Corp stock for Q4 2015, down 5.9% quarter-over-quarter.
- 4 funds opened new Stellus Capital Investment Corp positions in Q4 2015 and 8 closed out, a net change of -4 holders.
- The largest Stellus Capital Investment Corp buyer in Q4 2015 was Confluence Investment Management, an estimated $924K added.
- The largest Stellus Capital Investment Corp seller in Q4 2015 was Yorktown Management & Research Company, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2015.