Stellus Capital Investment Corp
SCM
45 hedge funds and large institutions have $62.6M invested in Stellus Capital Investment Corp in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
7% more funds holding
Funds holding: 42 → 45 (+3)
5% more capital invested
Capital invested by funds: $59.4M → $62.6M (+$3.18M)
1.8% more ownership
Funds ownership: 33.12% → 34.92% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$740K |
| 2 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$562K |
| 3 |
Two Sigma Advisers
New York
|
+$481K |
| 4 |
Two Sigma Investments
New York
|
+$451K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$231K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$229K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$186K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$179K |
| 5 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -190 | Closed |
|
SCM Hedge Fund Activity: Q4 2013 in Review
45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q4 2013, worth a combined $62.6M — up 5.3% from $59.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SCM positions and 6 closed out — a net gain of 3 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $740K. The largest seller was BlackRock Institutional Trust, cutting an estimated $231K.
- 45 institutional investors held Stellus Capital Investment Corp (SCM) as of Q4 2013, up from 42 in Q3 2013.
- Funds reported $62.6M of Stellus Capital Investment Corp stock for Q4 2013, up 5.3% quarter-over-quarter.
- 9 funds opened new Stellus Capital Investment Corp positions in Q4 2013 and 6 closed out, a net change of +3 holders.
- The largest Stellus Capital Investment Corp buyer in Q4 2013 was Advisors Asset Management, an estimated $740K added.
- The largest Stellus Capital Investment Corp seller in Q4 2013 was BlackRock Institutional Trust, an estimated $231K sold.
Based on aggregated 13F filings for Q4 2013.