Stellus Capital Investment Corp
SCM
40 hedge funds and large institutions have $37M invested in Stellus Capital Investment Corp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $33.7M → $37M (+$3.29M)
5% more funds holding
Funds holding: 38 → 40 (+2)
0.22% less ownership
Funds ownership: 24.8% → 24.58% (-0.22%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$733K |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$467K |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$383K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$328K |
| 5 |
Two Sigma Advisers
New York
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.22M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$436K |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$267K |
| 4 |
NFA
Nuveen Fund Advisors
Chicago,
Illinois
|
-$209K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$123K |
SCM Hedge Fund Activity: Q4 2016 in Review
40 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q4 2016, worth a combined $37M — up 9.8% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SCM positions and 5 closed out — a net gain of 2 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $733K. The largest seller was Advisors Asset Management, cutting an estimated $1.22M.
- 40 institutional investors held Stellus Capital Investment Corp (SCM) as of Q4 2016, up from 38 in Q3 2016.
- Funds reported $37M of Stellus Capital Investment Corp stock for Q4 2016, up 9.8% quarter-over-quarter.
- 7 funds opened new Stellus Capital Investment Corp positions in Q4 2016 and 5 closed out, a net change of +2 holders.
- The largest Stellus Capital Investment Corp buyer in Q4 2016 was Muzinich & Co, an estimated $733K added.
- The largest Stellus Capital Investment Corp seller in Q4 2016 was Advisors Asset Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2016.