Stellus Capital Investment Corp
SCM
57 hedge funds and large institutions have $32.6M invested in Stellus Capital Investment Corp in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 9 closing their positions.
756% more call options, than puts
Call options by funds: $608K | Put options by funds: $71K
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
12% more funds holding
Funds holding: 51 → 57 (+6)
0.97% less ownership
Funds ownership: 12.71% → 11.74% (-0.97%)
1% less capital invested
Capital invested by funds: $32.9M → $32.6M (-$362K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.55M |
| 2 |
Two Sigma Investments
New York
|
+$1.1M |
| 3 |
Two Sigma Advisers
New York
|
+$1.01M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$494K |
| 5 |
Squarepoint
New York
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$4.58M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$2.81M |
| 3 |
BlackRock
New York
|
-$472K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$267K |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$133K |
SCM Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q1 2023, worth a combined $32.6M — down 1.1% from $32.9M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SCM positions and 9 closed out — a net gain of 6 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.55M. The largest seller was Ares Management, exiting entirely with an estimated $4.58M sold.
- 57 institutional investors held Stellus Capital Investment Corp (SCM) as of Q1 2023, up from 51 in Q4 2022.
- Funds reported $32.6M of Stellus Capital Investment Corp stock for Q1 2023, down 1.1% quarter-over-quarter.
- 15 funds opened new Stellus Capital Investment Corp positions in Q1 2023 and 9 closed out, a net change of +6 holders.
- The largest Stellus Capital Investment Corp buyer in Q1 2023 was Millennium Management, an estimated $1.55M added.
- The largest Stellus Capital Investment Corp seller in Q1 2023 was Ares Management, an estimated $4.58M sold.
Based on aggregated 13F filings for Q1 2023.