Chicago Partners Investment Group Lowers stake in Solar Capital Ltd. (SLRC)

Solar Capital Ltd. (SLRC) : Chicago Partners Investment Group reduced its stake in Solar Capital Ltd. by 1.12% during the most recent quarter end. The investment management company now holds a total of 79,365 shares of Solar Capital Ltd. which is valued at $1,601,586 after selling 899 shares in Solar Capital Ltd. , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Solar Capital Ltd. makes up approximately 0.75% of Chicago Partners Investment Group’s portfolio.

Other Hedge Funds, Including , Feltz Wealth Plan added SLRC to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $6,054.I.g. Investment Management Ltd. boosted its stake in SLRC in the latest quarter, The investment management firm added 930 additional shares and now holds a total of 50,605 shares of Solar Capital Ltd. which is valued at $1,030,318. Pekin Singer Strauss Asset Management Il added SLRC to its portfolio by purchasing 50,605 company shares during the most recent quarter which is valued at $1,035,884. Solar Capital Ltd. makes up approx 0.22% of Pekin Singer Strauss Asset Management Il’s portfolio.Msi Financial Services Inc boosted its stake in SLRC in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 318 shares of Solar Capital Ltd. which is valued at $6,424.Sanders Morris Harris boosted its stake in SLRC in the latest quarter, The investment management firm added 423 additional shares and now holds a total of 56,646 shares of Solar Capital Ltd. which is valued at $1,144,249. Solar Capital Ltd. makes up approx 0.29% of Sanders Morris Harris’s portfolio.

Solar Capital Ltd. opened for trading at $20.15 and hit $20.2 on the upside on Monday, eventually ending the session at $20.16, with a gain of 0.50% or 0.1 points. The heightened volatility saw the trading volume jump to 1,97,655 shares. Company has a market cap of $852 M.

Solar Capital Ltd. is a closed-end externally managed non-diversified management investment company that has elected to be treated as a business development company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in leveraged middle markets companies in the form of senior secured loans mezzanine loans and equity securities. The Company is focused primarily on the direct origination of investments through portfolio companies or financial sponsors. The Company’s investments generally range from $5 million to $100 million each although it expects that this investment size may vary proportionately with the size of its capital base and/or strategic initiatives. The Company is managed by Solar Capital Partners LLC (Solar Capital Partners) which provides the administrative services.

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