Stellus Capital Investment Corp
SCM
36 hedge funds and large institutions have $30.2M invested in Stellus Capital Investment Corp in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 2 closing their positions.
205% more call options, than puts
Call options by funds: $125K | Put options by funds: $41K
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
10% more capital invested
Capital invested by funds: $27.4M → $30.2M (+$2.83M)
6% more funds holding
Funds holding: 34 → 36 (+2)
2.15% more ownership
Funds ownership: 21.5% → 23.65% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$1.49M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$1.12M |
| 3 |
LVP
Limestone Value Partners
Houston,
Texas
|
+$152K |
| 4 |
JP Morgan Chase
New York
|
+$64.2K |
| 5 |
CC
Caxton Corporation
Princeton,
New Jersey
|
+$63.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$410K |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$203K |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$164K |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$98K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$65.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $65K | +$405 | +40 | +0.6% |
|
|
27
JP Morgan Chase
New York
| $65K | +$64.2K | +6,340 | New |
|
28
Barclays
London,
United Kingdom
| $36K | +$35.5K | +3,506 | +43,825% |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $33K | – | – | – |
|
|
AIM
30
Arcadia Investment Management
Kalamazoo,
Michigan
| $20K | +$19.8K | +1,955 | New |
|
|
AIM
31
Acrospire Investment Management
Chicago,
Illinois
| $17K | +$2.03K | +200 | +14% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
33
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | +$1.05K | +104 | +20% |
|
|
HR
34
Howe & Rusling
Rochester,
New York
| $2K | – | – | – |
|
35
Wells Fargo
San Francisco,
California
| $2K | – | – | – |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $2K | +$861 | +85 | +121% |
|
|
FAM
37
Formidable Asset Management
Cincinnati,
Ohio
| – | -$98K | -9,500 | Closed |
|
|
PI
38
PineBridge Investments
New York
| – | -$10K | -976 | Closed |
|
SCM Hedge Fund Activity: Q2 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q2 2016, worth a combined $30.2M — up 10% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SCM positions and 2 closed out — a net gain of 2 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was Freestone Capital Holdings, adding an estimated $1.49M. The largest seller was Advisors Asset Management, cutting an estimated $410K.
- 36 institutional investors held Stellus Capital Investment Corp (SCM) as of Q2 2016, up from 34 in Q1 2016.
- Funds reported $30.2M of Stellus Capital Investment Corp stock for Q2 2016, up 10% quarter-over-quarter.
- 4 funds opened new Stellus Capital Investment Corp positions in Q2 2016 and 2 closed out, a net change of +2 holders.
- The largest Stellus Capital Investment Corp buyer in Q2 2016 was Freestone Capital Holdings, an estimated $1.49M added.
- The largest Stellus Capital Investment Corp seller in Q2 2016 was Advisors Asset Management, an estimated $410K sold.
Based on aggregated 13F filings for Q2 2016.