Stellus Capital Investment Corp
SCM
30 hedge funds and large institutions have $54.2M invested in Stellus Capital Investment Corp in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.5% less ownership
Funds ownership: 33.05% → 31.54% (-1.5%)
23% less funds holding
Funds holding: 39 → 30 (-9)
25% less capital inflows, than outflows
Capital inflows: $4.8M | Capital outflows: $6.38M
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$3.52M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$571K |
| 3 |
Goldman Sachs
New York
|
+$198K |
| 4 |
Millennium Management
New York
|
+$188K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$87.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$1.41M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.13M |
| 3 |
Paloma Partners
Greenwich,
Connecticut
|
-$735K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$595K |
| 5 |
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$517K |
SCM Hedge Fund Activity: Q3 2014 in Review
30 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q3 2014, worth a combined $54.2M — down 7.8% from $58.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SCM and 4 opened new positions — a net loss of 9 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Advisors Asset Management, adding an estimated $3.52M. The largest seller was Northern Trust, exiting entirely with an estimated $1.41M sold.
- 30 institutional investors held Stellus Capital Investment Corp (SCM) as of Q3 2014, down from 39 in Q2 2014.
- Funds reported $54.2M of Stellus Capital Investment Corp stock for Q3 2014, down 7.8% quarter-over-quarter.
- 4 funds opened new Stellus Capital Investment Corp positions in Q3 2014 and 13 closed out, a net change of -9 holders.
- The largest Stellus Capital Investment Corp buyer in Q3 2014 was Advisors Asset Management, an estimated $3.52M added.
- The largest Stellus Capital Investment Corp seller in Q3 2014 was Northern Trust, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2014.