Stellus Capital Investment Corp
SCM
56 hedge funds and large institutions have $43M invested in Stellus Capital Investment Corp in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 5 closing their positions.
504% more call options, than puts
Call options by funds: $151K | Put options by funds: $25K
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
27% more funds holding
Funds holding: 44 → 56 (+12)
9% more capital invested
Capital invested by funds: $39.4M → $43M (+$3.58M)
1.36% less ownership
Funds ownership: 19.09% → 17.73% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.22M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.09M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$818K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$732K |
| 5 |
Millennium Management
New York
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.21M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$1.21M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$562K |
| 4 |
Axa
Paris,
France
|
-$434K |
| 5 |
MC
Muzinich & Co
New York
|
-$328K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
Advisor Group
Phoenix,
Arizona
| $11K | +$1.08K | +76 | +11% |
|
52
US Bancorp
Minneapolis,
Minnesota
| $10K | – | – | – |
|
|
MC
53
Muzinich & Co
New York
| $3.9K | -$328K | -23,081 | -8% |
|
54
Bank of America
Charlotte,
North Carolina
| $1K | -$83.1K | -5,852 | -99% |
|
55
Nordea Investment Management
Stockholm,
Sweden
| $1K | -$10.4K | -735 | -90% |
|
56
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$1.42K | +100 | New |
|
|
57
Axa
Paris,
France
| – | -$434K | -33,500 | Closed |
|
|
AGM
58
Alpine Global Management
New York
| – | -$203K | -15,692 | Closed |
|
|
BCM
59
BlueCrest Capital Management
St Helier,
Jersey
| – | -$141K | -10,900 | Closed |
|
60
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$17K | -1,300 | Closed |
|
|
PI
61
PineBridge Investments
New York
| – | -$1K | -87 | Closed |
|
SCM Hedge Fund Activity: Q1 2019 in Review
56 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q1 2019, worth a combined $43M — up 9.1% from $39.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SCM positions and 5 closed out — a net gain of 12 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.22M. The largest seller was Confluence Investment Management, cutting an estimated $1.21M.
- 56 institutional investors held Stellus Capital Investment Corp (SCM) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $43M of Stellus Capital Investment Corp stock for Q1 2019, up 9.1% quarter-over-quarter.
- 17 funds opened new Stellus Capital Investment Corp positions in Q1 2019 and 5 closed out, a net change of +12 holders.
- The largest Stellus Capital Investment Corp buyer in Q1 2019 was Raymond James & Associates, an estimated $1.22M added.
- The largest Stellus Capital Investment Corp seller in Q1 2019 was Confluence Investment Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2019.