Stellus Capital Investment Corp
SCM
42 hedge funds and large institutions have $46.6M invested in Stellus Capital Investment Corp in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 5 closing their positions.
2% less funds holding
Funds holding: 43 → 42 (-1)
3.75% less ownership
Funds ownership: 29.15% → 25.4% (-3.8%)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
24% less capital invested
Capital invested by funds: $61.1M → $46.6M (-$14.5M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$1.04M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$207K |
| 3 |
LPL Financial
San Diego,
California
|
+$144K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$142K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$3.73M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.63M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.08M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$813K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$767K |
SCM Hedge Fund Activity: Q1 2018 in Review
42 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q1 2018, worth a combined $46.6M — down 24% from $61.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SCM and 4 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 12 added.
The largest buyer was Freestone Capital Holdings, adding an estimated $1.04M. The largest seller was Muzinich & Co, cutting an estimated $3.73M.
- 42 institutional investors held Stellus Capital Investment Corp (SCM) as of Q1 2018, down from 43 in Q4 2017.
- Funds reported $46.6M of Stellus Capital Investment Corp stock for Q1 2018, down 24% quarter-over-quarter.
- 4 funds opened new Stellus Capital Investment Corp positions in Q1 2018 and 5 closed out, a net change of -1 holder.
- The largest Stellus Capital Investment Corp buyer in Q1 2018 was Freestone Capital Holdings, an estimated $1.04M added.
- The largest Stellus Capital Investment Corp seller in Q1 2018 was Muzinich & Co, an estimated $3.73M sold.
Based on aggregated 13F filings for Q1 2018.