FS Investment Corporation (FSIC) : Portfolio Solutions added new position in FS Investment Corporation during the most recent quarter end. The investment management firm now holds 83,076 shares of FS Investment Corporation which is valued at $769,284 , the company said in a statement filed on Apr 15, 2016 with the SEC.FS Investment Corporation makes up approximately 0.12% of Portfolio Solutions’s portfolio.
FS Investment Corporation opened for trading at $9.39 and hit $9.41 on the upside on Wednesday, eventually ending the session at $9.37, with a gain of 0.11% or 0.01 points. The heightened volatility saw the trading volume jump to 7,09,654 shares. Company has a market cap of $2,275 M.
Other Hedge Funds, Including , Muzinich boosted its stake in FSIC in the latest quarter, The investment management firm added 99,117 additional shares and now holds a total of 2,295,467 shares of FS Investment Corporation which is valued at $21,256,024. FS Investment Corporation makes up approx 9.32% of Muzinich’s portfolio.Ckw Financial Group reduced its stake in FSIC by selling 1,685 shares or 30.8% in the most recent quarter. The Hedge Fund company now holds 3,786 shares of FSIC which is valued at $33,809. FS Investment Corporation makes up approx 0.01% of Ckw Financial Group’s portfolio.
FS Investment Corporation is a non-diversified closed-end management investment company. The Company’s investment objectives are to generate current income and a long-term capital appreciation. Its portfolio consists of investments in senior secured loans and second lien secured loans of private middle market United States companies and subordinated loans of private United States companies. The Company focuses on purchasing interests in loans or making other debt investments including investments in senior secured bonds through secondary market transactions in the over-the-counter market or directly from companies it is focused on as primary market or directly originated investments. It also focuses on purchasing interests in the form of common or preferred equity or the equity-related securities. Its investment activities are managed by FB Income Advisor LLC. FB Advisor has engaged GSO/Blackstone Debt Funds Management LLC (GDFM) to act as its investment sub-adviser.