Stellus Capital Investment Corp
SCM
45 hedge funds and large institutions have $56.8M invested in Stellus Capital Investment Corp in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $46.2M → $56.8M (+$10.6M)
13% more funds holding
Funds holding: 40 → 45 (+5)
1.06% more ownership
Funds ownership: 25.42% → 26.48% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.52M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.08M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$2.06M |
| 4 |
MC
Muzinich & Co
New York
|
+$1.9M |
| 5 |
Millennium Management
New York
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.62M |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$338K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$288K |
| 4 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
-$218K |
| 5 |
BlackRock
New York
|
-$214K |
SCM Hedge Fund Activity: Q2 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q2 2017, worth a combined $56.8M — up 23% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SCM positions and 5 closed out — a net gain of 5 holders — while 20 added to existing stakes and 8 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $2.52M. The largest seller was UBS Group, cutting an estimated $1.62M.
- 45 institutional investors held Stellus Capital Investment Corp (SCM) as of Q2 2017, up from 40 in Q1 2017.
- Funds reported $56.8M of Stellus Capital Investment Corp stock for Q2 2017, up 23% quarter-over-quarter.
- 10 funds opened new Stellus Capital Investment Corp positions in Q2 2017 and 5 closed out, a net change of +5 holders.
- The largest Stellus Capital Investment Corp buyer in Q2 2017 was Bank of Montreal, an estimated $2.52M added.
- The largest Stellus Capital Investment Corp seller in Q2 2017 was UBS Group, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2017.