FNY Partners Fund LP bought a new stake in shares of Fifth Street Asset Management Inc. (NASDAQ:FSAM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 64,281 shares of the asset manager’s stock, valued at approximately $311,000. FNY Partners Fund LP owned about 0.41% of Fifth Street Asset Management at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FSAM. Bank of New York Mellon Corp grew its holdings in Fifth Street Asset Management by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 25,474 shares of the asset manager’s stock worth $117,000 after buying an additional 302 shares in the last quarter. Greenwich Investment Management Inc. grew its holdings in Fifth Street Asset Management by 1.4% in the 1st quarter. Greenwich Investment Management Inc. now owns 124,605 shares of the asset manager’s stock worth $573,000 after buying an additional 1,700 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Fifth Street Asset Management by 17.6% in the 1st quarter. Renaissance Technologies LLC now owns 353,500 shares of the asset manager’s stock worth $1,626,000 after buying an additional 52,800 shares in the last quarter. 8.58% of the stock is owned by institutional investors.

Shares of Fifth Street Asset Management Inc. (NASDAQ:FSAM) traded up 1.923% during trading on Tuesday, reaching $3.975. The company’s stock had a trading volume of 18,640 shares. The company’s 50-day moving average is $4.02 and its 200-day moving average is $4.33. Fifth Street Asset Management Inc. has a 12 month low of $3.35 and a 12 month high of $8.45. The company’s market capitalization is $62.20 million.

Separately, ValuEngine lowered Fifth Street Asset Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 18th.

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Fifth Street Asset Management Company Profile

Fifth Street Asset Management Inc is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs).

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Institutional Ownership by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

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