Stellus Capital Investment Corp
SCM
40 hedge funds and large institutions have $49.3M invested in Stellus Capital Investment Corp in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 7 closing their positions.
13% more capital invested
Capital invested by funds: $43.8M → $49.3M (+$5.58M)
1.19% more ownership
Funds ownership: 21.49% → 22.68% (+1.2%)
7% less funds holding
Funds holding: 43 → 40 (-3)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$4.27M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.64M |
| 4 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$135K |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$45.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$2.65M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.5M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$828K |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$638K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$400K |
SCM Hedge Fund Activity: Q3 2018 in Review
40 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q3 2018, worth a combined $49.3M — up 13% from $43.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SCM and 4 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Freestone Capital Holdings, opening a new position worth an estimated $4.27M. The largest seller was Muzinich & Co, cutting an estimated $2.65M.
- 40 institutional investors held Stellus Capital Investment Corp (SCM) as of Q3 2018, down from 43 in Q2 2018.
- Funds reported $49.3M of Stellus Capital Investment Corp stock for Q3 2018, up 13% quarter-over-quarter.
- 4 funds opened new Stellus Capital Investment Corp positions in Q3 2018 and 7 closed out, a net change of -3 holders.
- The largest Stellus Capital Investment Corp buyer in Q3 2018 was Freestone Capital Holdings, an estimated $4.27M added.
- The largest Stellus Capital Investment Corp seller in Q3 2018 was Muzinich & Co, an estimated $2.65M sold.
Based on aggregated 13F filings for Q3 2018.