Stellus Capital Investment Corp
SCM
46 hedge funds and large institutions have $41.1M invested in Stellus Capital Investment Corp in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
1.51% less ownership
Funds ownership: 17.98% → 16.47% (-1.5%)
10% less capital invested
Capital invested by funds: $45.7M → $41.1M (-$4.54M)
12% less funds holding
Funds holding: 52 → 46 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$817K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$684K |
| 3 |
JP Morgan Chase
New York
|
+$223K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$220K |
| 5 |
LPL Financial
San Diego,
California
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$1.19M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.09M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$865K |
| 4 |
Two Sigma Advisers
New York
|
-$680K |
| 5 |
Millennium Management
New York
|
-$553K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SEI Investments
Oaks,
Pennsylvania
| – | -$161K | -11,655 | Closed |
|
52
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$142K | -10,285 | Closed |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$64K | -4,669 | Closed |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | -$41K | -3,000 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$17K | -1,200 | Closed |
|
|
FDCDDQ
56
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$13.8K | -1,000 | Closed |
|
57
Simplex Trading
Chicago,
Illinois
| – | -$6.52K | -474 | Closed |
|
58
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -100 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | +$316 | +23 | New |
|
SCM Hedge Fund Activity: Q3 2019 in Review
46 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q3 2019, worth a combined $41.1M — down 9.9% from $45.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SCM and 7 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 16 added.
The largest buyer was Virtus ETF Advisers, adding an estimated $817K. The largest seller was Muzinich & Co, cutting an estimated $1.19M.
- 46 institutional investors held Stellus Capital Investment Corp (SCM) as of Q3 2019, down from 52 in Q2 2019.
- Funds reported $41.1M of Stellus Capital Investment Corp stock for Q3 2019, down 9.9% quarter-over-quarter.
- 7 funds opened new Stellus Capital Investment Corp positions in Q3 2019 and 13 closed out, a net change of -6 holders.
- The largest Stellus Capital Investment Corp buyer in Q3 2019 was Virtus ETF Advisers, an estimated $817K added.
- The largest Stellus Capital Investment Corp seller in Q3 2019 was Muzinich & Co, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2019.