Stellus Capital Investment Corp
SCM
59 hedge funds and large institutions have $43.4M invested in Stellus Capital Investment Corp in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 13 closing their positions.
216% more call options, than puts
Call options by funds: $291K | Put options by funds: $92K
3.79% less ownership
Funds ownership: 17.79% → 13.99% (-3.8%)
6% less funds holding
Funds holding: 63 → 59 (-4)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
20% less capital invested
Capital invested by funds: $54.5M → $43.4M (-$11.1M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.38M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$490K |
| 3 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$379K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$306K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
-$3.65M |
| 2 |
Two Sigma Advisers
New York
|
-$2.03M |
| 3 |
Two Sigma Investments
New York
|
-$1.81M |
| 4 |
Millennium Management
New York
|
-$978K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$941K |
SCM Hedge Fund Activity: Q4 2023 in Review
59 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stellus Capital Investment Corp (SCM) for Q4 2023, worth a combined $43.4M — down 20% from $54.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SCM and 10 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $2.38M. The largest seller was Scoggin Management, exiting entirely with an estimated $3.65M sold.
- 59 institutional investors held Stellus Capital Investment Corp (SCM) as of Q4 2023, down from 63 in Q3 2023.
- Funds reported $43.4M of Stellus Capital Investment Corp stock for Q4 2023, down 20% quarter-over-quarter.
- 10 funds opened new Stellus Capital Investment Corp positions in Q4 2023 and 13 closed out, a net change of -3 holders.
- The largest Stellus Capital Investment Corp buyer in Q4 2023 was Morgan Stanley, an estimated $2.38M added.
- The largest Stellus Capital Investment Corp seller in Q4 2023 was Scoggin Management, an estimated $3.65M sold.
Based on aggregated 13F filings for Q4 2023.