Stellus Capital Investment Corp
SCM
63 hedge funds and large institutions have $54.5M invested in Stellus Capital Investment Corp in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 8 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
111% more call options, than puts
Call options by funds: $621K | Put options by funds: $294K
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
17% more capital invested
Capital invested by funds: $46.7M → $54.5M (+$7.8M)
3% more funds holding
Funds holding: 61 → 63 (+2)
1.88% more ownership
Funds ownership: 15.91% → 17.79% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
+$3.85M |
| 2 |
Morgan Stanley
New York
|
+$1.93M |
| 3 |
Two Sigma Advisers
New York
|
+$1.65M |
| 4 |
Two Sigma Investments
New York
|
+$1.63M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.77M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$1.02M |
| 3 |
SG Americas Securities
New York
|
-$936K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$300K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$267K |
SCM Hedge Fund Activity: Q3 2023 in Review
63 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q3 2023, worth a combined $54.5M — up 17% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SCM positions and 8 closed out — a net gain of 2 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Scoggin Management, opening a new position worth an estimated $3.85M. The largest seller was Millennium Management, cutting an estimated $2.77M.
- 63 institutional investors held Stellus Capital Investment Corp (SCM) as of Q3 2023, up from 61 in Q2 2023.
- Funds reported $54.5M of Stellus Capital Investment Corp stock for Q3 2023, up 17% quarter-over-quarter.
- 10 funds opened new Stellus Capital Investment Corp positions in Q3 2023 and 8 closed out, a net change of +2 holders.
- The largest Stellus Capital Investment Corp buyer in Q3 2023 was Scoggin Management, an estimated $3.85M added.
- The largest Stellus Capital Investment Corp seller in Q3 2023 was Millennium Management, an estimated $2.77M sold.
Based on aggregated 13F filings for Q3 2023.