Stellus Capital Investment Corp
SCM
34 hedge funds and large institutions have $27.4M invested in Stellus Capital Investment Corp in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
11% more capital invested
Capital invested by funds: $24.8M → $27.4M (+$2.61M)
10% more funds holding
Funds holding: 31 → 34 (+3)
0.88% more ownership
Funds ownership: 20.62% → 21.5% (+0.88%)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$456K |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$233K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$199K |
| 4 |
LVP
Limestone Value Partners
Houston,
Texas
|
+$173K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$237K |
| 2 |
Two Sigma Advisers
New York
|
-$87.3K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$73K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$18.9K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$18.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $16K | -$4.41K | -488 | -23% |
|
|
AIM
27
Acrospire Investment Management
Chicago,
Illinois
| $15K | +$13.1K | +1,447 | New |
|
|
PI
28
PineBridge Investments
New York
| $10K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5K | – | – | – |
|
|
HR
31
Howe & Rusling
Rochester,
New York
| $2K | -$226 | -25 | -11% |
|
32
Wells Fargo
San Francisco,
California
| $2K | -$9 | -1 | -0.4% |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $1K | -$8.29K | -916 | -93% |
|
|
ADL
34
Asset Dedication LLC
San Francisco,
California
| – | -$4K | -394 | Closed |
|
|
CG
35
Cutler Group
San Francisco,
California
| – | -$2.71K | -299 | Closed |
|
36
Barclays
London,
United Kingdom
| – | +$72 | +8 | New |
|
SCM Hedge Fund Activity: Q1 2016 in Review
34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q1 2016, worth a combined $27.4M — up 11% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SCM positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 13 trimmed.
The largest buyer was Freestone Capital Holdings, opening a new position worth an estimated $456K. The largest seller was Buckhead Capital Management, cutting an estimated $237K.
- 34 institutional investors held Stellus Capital Investment Corp (SCM) as of Q1 2016, up from 31 in Q4 2015.
- Funds reported $27.4M of Stellus Capital Investment Corp stock for Q1 2016, up 11% quarter-over-quarter.
- 6 funds opened new Stellus Capital Investment Corp positions in Q1 2016 and 2 closed out, a net change of +4 holders.
- The largest Stellus Capital Investment Corp buyer in Q1 2016 was Freestone Capital Holdings, an estimated $456K added.
- The largest Stellus Capital Investment Corp seller in Q1 2016 was Buckhead Capital Management, an estimated $237K sold.
Based on aggregated 13F filings for Q1 2016.