Stellus Capital Investment Corp
SCM
44 hedge funds and large institutions have $39.4M invested in Stellus Capital Investment Corp in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
10% more funds holding
Funds holding: 40 → 44 (+4)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
3.58% less ownership
Funds ownership: 22.68% → 19.09% (-3.6%)
20% less capital invested
Capital invested by funds: $49.3M → $39.4M (-$9.91M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.46M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$642K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$467K |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.61M |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$2.87M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$1.98M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.34M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
LPL Financial
San Diego,
California
| – | -$163K | -11,970 | Closed |
|
SCM Hedge Fund Activity: Q4 2018 in Review
44 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q4 2018, worth a combined $39.4M — down 20% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SCM positions and 7 closed out — a net gain of 4 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $3.46M. The largest seller was Invesco, exiting entirely with an estimated $6.61M sold.
- 44 institutional investors held Stellus Capital Investment Corp (SCM) as of Q4 2018, up from 40 in Q3 2018.
- Funds reported $39.4M of Stellus Capital Investment Corp stock for Q4 2018, down 20% quarter-over-quarter.
- 11 funds opened new Stellus Capital Investment Corp positions in Q4 2018 and 7 closed out, a net change of +4 holders.
- The largest Stellus Capital Investment Corp buyer in Q4 2018 was AJO LP, an estimated $3.46M added.
- The largest Stellus Capital Investment Corp seller in Q4 2018 was Invesco, an estimated $6.61M sold.
Based on aggregated 13F filings for Q4 2018.