Stellus Capital Investment Corp
SCM
48 hedge funds and large institutions have $20M invested in Stellus Capital Investment Corp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 20 reducing their positions, and 8 closing their positions.
382% more call options, than puts
Call options by funds: $106K | Put options by funds: $22K
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1.98% less ownership
Funds ownership: 16.7% → 14.72% (-2%)
4% less funds holding
Funds holding: 50 → 48 (-2)
50% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 20
54% less capital invested
Capital invested by funds: $43.4M → $20M (-$23.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$1.53M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$662K |
| 4 |
Millennium Management
New York
|
+$483K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.16M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
-$1.08M |
| 4 |
JP Morgan Chase
New York
|
-$609K |
| 5 |
MC
Muzinich & Co
New York
|
-$568K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
51
Avalon Investment & Advisory
Houston,
Texas
| – | -$142K | -10,000 | Closed |
|
|
PA
52
PSI Advisors
Tampa,
Florida
| – | -$21K | -1,500 | Closed |
|
|
ACM
53
Allred Capital Management
Dallas,
Texas
| – | -$3.56K | -250 | Closed |
|
54
Bank of America
Charlotte,
North Carolina
| – | -$700 | -56 | -51% |
|
|
SMH
55
Sanders Morris Harris
Houston,
Texas
| – | +$24.5K | +1,958 | +11% |
|
SCM Hedge Fund Activity: Q1 2020 in Review
48 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q1 2020, worth a combined $20M — down 54% from $43.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SCM positions and 8 closed out — a net gain of 1 holder — while 10 added to existing stakes and 20 trimmed.
The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $1.53M. The largest seller was UBS Group, cutting an estimated $3.1M.
- 48 institutional investors held Stellus Capital Investment Corp (SCM) as of Q1 2020, down from 50 in Q4 2019.
- Funds reported $20M of Stellus Capital Investment Corp stock for Q1 2020, down 54% quarter-over-quarter.
- 9 funds opened new Stellus Capital Investment Corp positions in Q1 2020 and 8 closed out, a net change of +1 holder.
- The largest Stellus Capital Investment Corp buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $1.53M added.
- The largest Stellus Capital Investment Corp seller in Q1 2020 was UBS Group, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2020.