Vault-13

CRESCENT CAP BDC INC CCAP

COM · Common Stock · CUSIP 225655109

86 institutional holders -8 vs Q4 2025
24,501,45624.5m shares reported held*
66.4% of all shares outstanding*
$297.7mreported value*
13 new 21 added 27 reduced 20 sold out net sold ≈ $9.4m (-776.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 36.9m as of 2026-02-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.15. Options: 2 managers hold calls ($154.3k notional), 2 hold puts ($185.9k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 48Q4 22: 58Q1 23: 72Q2 23: 71Q3 23: 71Q4 23: 77Q1 24: 77Q2 24: 85Q3 24: 83Q4 24: 90Q1 25: 89Q2 25: 90Q3 25: 93Q4 25: 94Q1 26: 8686Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202248
Q4 202258
Q1 202372
Q2 202371
Q3 202371
Q4 202377
Q1 202477
Q2 202485
Q3 202483
Q4 202490
Q1 202589
Q2 202590
Q3 202593
Q4 202594
Q1 202686

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 24: 54 bought or addedQ2 24: 27 cut or sold outQ3 24: 41 bought or addedQ3 24: 35 cut or sold outQ3 24Q4 24: 43 bought or addedQ4 24: 30 cut or sold outQ1 25: 46 bought or addedQ1 25: 36 cut or sold outQ1 25Q2 25: 49 bought or addedQ2 25: 37 cut or sold outQ3 25: 53 bought or addedQ3 25: 31 cut or sold outQ3 25Q4 25: 42 bought or addedQ4 25: 40 cut or sold outQ1 26: 34 bought or addedQ1 26: 47 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245427
Q3 20244135
Q4 20244330
Q1 20254636
Q2 20254937
Q3 20255331
Q4 20254240
Q1 20263447

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ2 25 calls: $31.0kQ2 25 puts: $62.0kQ2 25P/C 2.00Q3 25 calls: $15.0kQ3 25 puts: $55.0kQ3 25P/C 3.67Q4 25 calls: $1.4kQ4 25 puts: $16.9kQ4 25P/C 12.00Q1 26 calls: $154.3kQ1 26 puts: $185.9kQ1 26P/C 1.20
Numbers
QuarterCallsPutsP/C
Q2 2025$31.0k$62.0k2.00
Q3 2025$15.0k$55.0k3.67
Q4 2025$1.4k$16.9k12.00
Q1 2026$154.3k$185.9k1.20

Biggest buyers

Invesco Ltd. Added +369,270+369.3k
Russell Investments Group, Ltd. Added +187,853+187.9k
Cerberus Capital Management, L.P. New +160,000+160.0k
UBS Group AG Added +133,748+133.7k
Alpine Global Management, LLC New +129,312+129.3k
Beverly Hills Private Wealth, LLC New +54,662+54.7k
TWO SIGMA INVESTMENTS, LP Added +45,146+45.1k
Dynamic Technology Lab Private Ltd New +38,055+38.1k
&PARTNERS Added +33,031+33.0k
ARES MANAGEMENT LLC Added +30,000+30.0k

Biggest sellers

North Ground Capital Reduced -496,405-496.4k
TWO SIGMA ADVISERS, LP Sold out -183,666-183.7k
Closed-End Fund Advisors, Inc. Reduced -169,495-169.5k
FRANKLIN RESOURCES INC Reduced -147,425-147.4k
ICON ADVISERS INC/CO Sold out -109,294-109.3k
Skandinaviska Enskilda Banken AB (publ) Sold out -109,288-109.3k
BlackRock, Inc. Reduced -99,547-99.5k
RAYMOND JAMES FINANCIAL INC Reduced -94,007-94.0k
ICG Advisors, LLC Sold out -91,355-91.4k
Almitas Capital LLC Reduced -87,329-87.3k

Biggest calls

CITADEL ADVISORS LLC New $149.4k12.3k shares
SIMPLEX TRADING, LLC Added $4.9k400 shares

Biggest puts

CITADEL ADVISORS LLC New $128.8k10.6k shares
SIMPLEX TRADING, LLC Added $57.1k4.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Texas County & District Retirement System 13G · institution no change · filed 2026-02-12 13.5% no change 5.0m≈ $54.6m 2026-02-12
Blackstone Holdings I L.P. 13G · institution new · filed 2025-08-14 11.3% new 4.2m≈ $45.9m 2025-08-14
Karpus Management, Inc. 13G · institution filed 2025-05-14 7.7% 343.6k 2025-05-14

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20252$53.8k0——
Q4 20251$26.7k0——
Q1 20260—0——

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Texas County & District Retirement System 100.00% of their portfolio AUSTIN, TX 5,001,7525.0m $60.8m $60.8m 100.00% Unchanged
2 Fidelity National Financial, Inc. 1.88% of their portfolio Jacksonville, FL 4,205,3074.2m $51.1m $51.1m 1.88% Unchanged
3 Blackstone Inc. 0.21% of their portfolio NEW YORK, NY 4,205,3074.2m $51.1m $51.1m 0.21% Unchanged
4 SUN LIFE FINANCIAL INC 1.54% of their portfolio Toronto, A6 2,226,3082.2m $27.1m $27.1m 1.54% Unchanged
5 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,028,9661.0m $12.5m $12.5m 0.00% Added +369.3k +369,270
6 ARES MANAGEMENT LLC 0.44% of their portfolio LOS ANGELES, CA 546,409546.4k $6.6m $6.6m 0.44% Added +30.0k +30,000
7 Mariner, LLC 0.01% of their portfolio Overland Park, KS 463,365463.4k $5.6m $5.6m 0.01% Added +11.6k +11,591
8 Bulldog Investors, LLP 1.25% of their portfolio SADDLE BROOK, NJ 456,955457.0k $5.6m $5.6m 1.25% Reduced -563 -563
9 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 367,585367.6k $4.5m $4.5m 0.00% Reduced -22.2k -22,181
10 Almitas Capital LLC 0.98% of their portfolio SANTA MONICA, CA 356,905356.9k $4.3m $4.3m 0.98% Reduced -87.3k -87,329
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 355,608355.6k $4.3m $4.3m 0.00% Added +133.7k +133,748
12 CONDOR CAPITAL MANAGEMENT 0.35% of their portfolio MARTINSVILLE, NJ 345,826345.8k $4.2m $4.2m 0.35% Reduced -21.1k -21,061
13 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 341,556341.6k $4.1m $4.1m 0.00% Reduced -147.4k -147,425
14 North Ground Capital 4.96% of their portfolio Cohasset, MA 338,907338.9k $4.1m $4.1m 4.96% Reduced -496.4k -496,405
15 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 303,554303.6k $3.7m $3.7m 0.00% Added +45.1k +45,146
16 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 292,231292.2k $3.6m $3.6m 0.00% Added +187.9k +187,853
17 Aspen Grove Capital, LLC 0.64% of their portfolio AVON, CO 269,852269.9k $3.3m $3.3m 0.64% Added +2.4k +2,434
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 190,478190.5k $2.3m $2.3m 0.00% Reduced -5.3k -5,316
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 163,795163.8k $2.0m $2.0m 0.00% Reduced -94.0k -94,007
20 Cerberus Capital Management, L.P. 0.07% of their portfolio NEW YORK, NY 160,000160.0k $1.9m $1.9m 0.07% New
21 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 159,430159.4k $1.9m $1.9m 0.00% Added +763 +763
22 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 157,101157.1k $1.9m $1.9m 0.01% Reduced -16.4k -16,379
23 Muzinich & Co., Inc. 0.65% of their portfolio NEW YORK, NY 153,282153.3k $1.9m $1.9m 0.65% Added +460 +460
24 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 152,822152.8k $1.9m $1.9m 0.00% Unchanged
25 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 146,606146.6k $1.8m $1.8m 0.01% Added +33.0k +33,031
26 Alpine Global Management, LLC 0.24% of their portfolio NEW YORK, NY 129,312129.3k $1.6m $1.6m 0.24% New
27 BlackRock, Inc. 0.00% of their portfolio New York, NY 127,708127.7k $1.6m $1.6m 0.00% Reduced -99.5k -99,547
28 Hennion & Walsh Asset Management, Inc. 0.05% of their portfolio Parsippany, NJ 121,541121.5k $1.5m $1.5m 0.05% Reduced -52.2k -52,155
29 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 120,198120.2k $1.5m $1.5m 0.00% Reduced -12.3k -12,324
30 Callodine Capital Management, LP 0.10% of their portfolio BOSTON, MA 120,000120.0k $1.5m $1.5m 0.10% Unchanged
31 RIVERBRIDGE PARTNERS LLC 0.03% of their portfolio MINNEAPOLIS, MN 102,056102.1k $1.2m $1.2m 0.03% Added +7.7k +7,698
32 DENALI ADVISORS LLC 0.14% of their portfolio SAN DIEGO, CA 101,687101.7k $1.2m $1.2m 0.14% Added +842 +842
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 91,13691.1k $1.1m $1.1m 0.00% Reduced -10.3k -10,339
34 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 86,32286.3k $1.0m $1.0m 0.00% Reduced -4.7k -4,706
35 Adams Asset Advisors, LLC 0.11% of their portfolio DALLAS, TX 79,82879.8k $969.9k $969.9k 0.11% Unchanged
36 Pettinga Financial Advisors LLC 0.16% of their portfolio EVANSVILLE, IN 69,74269.7k $847.4k $847.4k 0.16% Added +2.1k +2,100
37 BI Asset Management Fondsmaeglerselskab A/S 0.01% of their portfolio KOBENHAVN, G7 63,89363.9k $776.0k $776.0k 0.01% Unchanged
38 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 61,23961.2k $744.1k $744.1k 0.01% Reduced -47 -47
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 59,55159.6k $723.5k $723.5k 0.00% Added +2.6k +2,628
40 Closed-End Fund Advisors, Inc. 0.69% of their portfolio RICHMOND, VA 55,81755.8k $678.2k $678.2k 0.69% Reduced -169.5k -169,495
41 Beverly Hills Private Wealth, LLC 0.11% of their portfolio BEVERLY HILLS, CA 54,66254.7k $664.1k $664.1k 0.11% New
42 Virtus Investment Advisers, LLC 0.15% of their portfolio HARTFORD, CT 44,91844.9k $545.8k $545.8k 0.15% Reduced -9.8k -9,756
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 42,17042.2k $512.0k $512.0k 0.00% Reduced -8.2k -8,185
44 Dynamic Technology Lab Private Ltd 0.08% of their portfolio SINGAPORE, U0 38,05538.1k $462.4k $462.4k 0.08% New
45 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 32,93032.9k $400.1k $400.1k 0.00% Unchanged
46 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ST. LOUIS, MO 32,22332.2k $391.5k $391.5k 0.01% Reduced -38.4k -38,397
47 SCS Capital Management LLC 0.00% of their portfolio BOSTON, MA 28,81428.8k $350.1k $350.1k 0.00% Unchanged
48 Silverberg Bernstein Capital Management LLC 0.19% of their portfolio ARMONK, NY 28,06028.1k $340.9k $340.9k 0.19% Unchanged
49 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 28,03428.0k $340.6k $340.6k 0.00% Reduced -3.5k -3,518
50 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 26,20026.2k $318.3k $318.3k 0.00% Added +730 +730
51 TT Capital Management LLC 0.26% of their portfolio Gilbert, AZ 25,48025.5k $309.6k $309.6k 0.26% Reduced -856 -856
52 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 24,91924.9k $302.8k $302.8k 0.00% Reduced -11.9k -11,907
53 Ethos Financial Group, LLC 0.02% of their portfolio KING OF PRUSSIA, PA 18,69818.7k $262.7k $262.7k 0.02% Unchanged
54 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,01818.0k $219.0k $219.0k 0.00% Added +2.6k +2,590
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,13217.1k $208.2k $208.2k 0.00% Unchanged
56 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 16,39016.4k $199.1k $199.1k 0.00% New
57 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 16,25316.3k $197.5k $197.5k 0.00% Reduced -27.3k -27,308
58 SMH CAPITAL ADVISORS INC 0.52% of their portfolio FORT WORTH, TX 15,00015.0k $182.2k $182.2k 0.52% New
59 Catalyst Capital Advisors LLC 0.00% of their portfolio San Juan, PR 15,00015.0k $182.2k $182.2k 0.00% Added +10.1k +10,100
60 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 13,97514.0k $175.7k $175.7k 0.00% Unchanged
61 LMG Wealth Partners, LLC 0.03% of their portfolio SHREVEPORT, LA 13,54813.5k $164.6k $164.6k 0.03% Added +2.0k +2,048
62 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 13,40613.4k $162.9k $162.9k 0.00% Reduced -3.9k -3,891
63 Virtu Financial LLC 0.01% of their portfolio New York, NY 13,35813.4k $162.0k $162.0k 0.01% New
64 Barnett & Company, Inc. 0.12% of their portfolio CHATTANOOGA, TN 13,10013.1k $159.2k $159.2k 0.12% Reduced -6.0k -6,000
65 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 12,99813.0k $157.9k $157.9k 0.00% Unchanged
66 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 12,88312.9k $156.5k $156.5k 0.00% Unchanged
67 OXFORD ASSET MANAGEMENT LLP 0.06% of their portfolio OXFORD, X0 12,04812.0k $146.4k $146.4k 0.06% Not comparable
68 Anchor Investment Management, LLC 0.01% of their portfolio COLUMBIA, SC 11,56711.6k $140.5k $140.5k 0.01% Reduced -1.6k -1,645
69 Prospera Financial Services Inc 0.00% of their portfolio Dallas, TX 11,52111.5k $140.0k $140.0k 0.00% New
70 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 11,04411.0k $134.2k $134.2k 0.00% New
71 Beaumont Financial Advisors, LLC 0.01% of their portfolio NEEDHAM, MA 10,44810.4k $126.9k $126.9k 0.01% New
72 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 10,20810.2k $124.0k $124.0k 0.00% New
73 Permanens Capital L.P. 0.02% of their portfolio NEW YORK, NY 10,00010.0k $125.7k $125.7k 0.02% Unchanged
74 VPR Management LLC 0.04% of their portfolio HOUSTON, TX 9,0009.0k $109.3k $109.3k 0.04% Unchanged
75 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,7568.8k $106.4k $106.4k 0.00% Added +1.0k +1,000
76 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 7,3007.3k $89.0k $89.0k 0.00% Unchanged
77 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $12.3k $12.3k 0.00% Reduced -1.4k -1,400
78 VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio BETHLEHEM, PA 600600 $7.0k $7.0k 0.00% Unchanged
79 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 500500 $6.1k $6.1k 0.00% Unchanged
80 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 336336 $4.0k $4.0k 0.00% Added +9 +9
81 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 278278 $3.4k $3.4k 0.00% Added +93 +93
82 SWAN Capital LLC 0.00% of their portfolio PENSACOLA, FL 264264 $3.2k $3.2k 0.00% Unchanged
83 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 241241 $3.0k $3.0k 0.00% Unchanged
84 Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.00% of their portfolio TOWSON, MD 131131 $1.6k $1.6k 0.00% Unchanged
85 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5050 $608 $608 0.00% New
86 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 33 $36 $36 0.00% New