Who owns Investcorp Credit Management BDC (ICMB)
Which tracked institutional funds hold ICMB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ICMB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on ICMB is one-sided between 2026-Q1 and 2026-Q2: 0 added or opened and 1 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ICMB’s largest tracked holder by dollar value, Bulldog Investors, LLP, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ICMB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 19 tracked filers holding ICMB, 9 increased or opened the position and 11 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ICMB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
Largest trims
- Bulldog Investors, LLP$269K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Bulldog Investors, LLP | 596,780 | $698K | 33.1% | 2026-Q2 |
| Coppell Advisory Solutions LLC | 19 | $439K | 20.8% | 2026-Q2 |
| Founders Financial Alliance, LLC trimmed | 255,329 | $299K | 14.2% | 2026-Q2 |
| Black Maple Capital Management LP new | 172,630 | $202K | 9.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 38,657 | $45K | 2.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 35,918 | $42K | 2.0% | 2026-Q2 |
| Squarepoint Ops LLC new | 29,277 | $34K | 1.6% | 2026-Q2 |
| North Ground Capital added | 28,000 | $33K | 1.6% | 2026-Q2 |
| XTX Topco Ltd new | 17,185 | $20K | 1.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC | 16,938 | $20K | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 11,125 | $13K | 0.6% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 4,800 | $4K | 0.2% | 2026-Q2 |
| UBS Group AG trimmed | 2,329 | $3K | 0.1% | 2026-Q2 |
| Triumph Capital Management | 1,000 | $1K | 0.1% | 2026-Q2 |
| MTM Investment Management, LLC | 500 | $585 | 0.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 363 | $425 | 0.0% | 2026-Q2 |
| SIMPLEX TRADING, LLC new | 333 | $389 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd new | 5 | $6 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN | 0 | — | 0.0% | 2026-Q2 |
| WESTBOURNE INVESTMENTS, INC. trimmed | 19,000 | $51K | 2.4% | 2025-Q4 stale (2 quarters behind) |
| LPL Financial LLC added | 22,911 | $37K | 1.8% | 2026-Q1 stale (1 quarter behind) |
| TWO SIGMA SECURITIES, LLC new | 20,614 | $33K | 1.6% | 2026-Q1 stale (1 quarter behind) |
| Ethos Financial Group, LLC | 11,840 | $33K | 1.6% | 2025-Q3 stale (3 quarters behind) |
| JANE STREET GROUP, LLC new | 17,075 | $28K | 1.3% | 2026-Q1 stale (1 quarter behind) |
| BANK OF AMERICA CORP /DE/ | 8,383 | $23K | 1.1% | 2025-Q4 stale (2 quarters behind) |
| Rockefeller Capital Management L.P. new | 6,503 | $18K | 0.8% | 2025-Q4 stale (2 quarters behind) |
| Alpine Global Management, LLC trimmed | 10,715 | $17K | 0.8% | 2026-Q1 stale (1 quarter behind) |
| Legacy Investment Solutions, LLC | 2,500 | $7K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Legacy Wealth Managment, LLC/ID | 2,500 | $4K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Osbon Capital Management LLC new | 472 | $765 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| OSAIC HOLDINGS, INC. trimmed | 23 | $62 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| Allworth Financial LP new | 18 | $29 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.