undamentalytics Newsletter

Investcorp Credit Management BDC, Inc.: which funds bought and sold

Institutions that bought and sold Investcorp Credit Management BDC shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 9 institutions that filed 13F reports for both quarters added to or opened positions in Investcorp Credit Management BDC, and 11 cut or closed them. Together they added a net 193K shares, +18.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 65K shares; index fund managers held the same number of shares overall. 8 opened a new position and 7 sold out entirely.

Bought, Q2 2026 9 institutions, 8 of them new holders Sold, Q2 2026 11 institutions, 7 of them sold out
Net change, all compared +193K shares (+18.7%)
Net change, active managers +65K shares (—), 2 bought, 0 sold

Buyers versus sellers

institutions compared, 25
Active managers and hedge funds 2 bought · 0 sold · +65K
Index fund managers 0 bought · 0 sold · 0
Other institutions 7 bought · 11 sold · +128K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Black Maple Capital Management LP +173K New position 173K $201,977
Susquehanna International Group, LLP +39K New position 39K $45,229
Citadel Advisors LLC Hedge fund +36K New position 36K $42,024
Squarepoint Ops LLC Hedge fund +29K New position 29K $34,254
Xtx Topco Ltd +17K New position 17K $20,106
Virtu Financial LLC +13K New position 13K $15,000
North Ground Capital +2,614 +10.3% 28K $32,760
Simplex Trading, LLC +333 New position 333 $389
Caitong International Asset Management Co., Ltd +5 New position 5 $6

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Founders Financial Alliance, LLC −40K −13.7% 255K $298,731
LPL Financial LLC −23K Sold out 0 —
Two Sigma Securities, LLC −21K Sold out 0 —
Jane Street Group, LLC −17K Sold out 0 —
Alpine Global Management, LLC −11K Sold out 0 —
Legacy Wealth Managment, LLC −2,500 Sold out 0 —
Morgan Stanley −962 −72.6% 363 $425
UBS Group AG −909 −28.1% 2,329 $2,725
Osbon Capital Management LLC −472 Sold out 0 —
Allworth Financial LP −18 Sold out 0 —
Raymond James Financial Inc −12 −0.1% 11K $13,016

New positions

largest by value
InstitutionSharesValue June 30, 2026
Black Maple Capital Management LP 173K $201,977
Susquehanna International Group, LLP 39K $45,229
Citadel Advisors LLCHedge fund 36K $42,024
Squarepoint Ops LLCHedge fund 29K $34,254
Xtx Topco Ltd 17K $20,106
Virtu Financial LLC 13K $15,000
Simplex Trading, LLC 333 $389
Caitong International Asset Management Co., Ltd 5 $6

Sold out

largest by value
InstitutionSharesValue March 31, 2026
LPL Financial LLC 23K $37,116
Two Sigma Securities, LLC 21K $33,395
Jane Street Group, LLC 17K $27,661
Alpine Global Management, LLC 11K $17,358
Legacy Wealth Managment, LLC 2,500 $4,050
Osbon Capital Management LLC 472 $765
Allworth Financial LP 18 $29

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
19
Ten largest holders
97.4%
of 13F-reported shares
Index fund managers
1.4%
of 13F-reported shares
Active managers and hedge funds
5.3%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 2 0 2 0 +65K —
Index fund managers 0 0 0 0 0 0.0%
Other institutions 7 11 6 7 +128K +12.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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