Scansource
SCSC
157 hedge funds and large institutions have $897M invested in Scansource in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 30 closing their positions.
4% less capital invested
Capital invested by funds: $934M → $897M (-$36.5M)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
11% less funds holding
Funds holding: 176 → 157 (-19)
63% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 30
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $523K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$14.1M |
| 2 |
Pzena Investment Management
New York
|
+$5.89M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.1M |
| 4 |
RA
Royce & Associates
New York
|
+$3.92M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$12.4M |
| 2 |
Two Sigma Investments
New York
|
-$5.33M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$4.94M |
| 4 |
Millennium Management
New York
|
-$4.24M |
| 5 |
Morgan Stanley
New York
|
-$3.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
176
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$233K | -6,272 | Closed |
|
|
SCM
177
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$214K | -5,767 | Closed |
|
|
TI
178
Trexquant Investment
Stamford,
Connecticut
| – | -$209K | -5,627 | Closed |
|
179
Teacher Retirement System of Texas
Austin,
Texas
| – | -$139K | -3,740 | Closed |
|
|
NIT
180
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$122K | -3,300 | Closed |
|
|
FMT
181
First Mercantile Trust
Cordova,
Tennessee
| – | -$96K | -2,600 | Closed |
|
|
SCM
182
Southport Capital Management
Chattanooga,
Tennessee
| – | -$45K | -1,225 | Closed |
|
|
PAM
183
Paradigm Asset Management
New York
| – | -$22.3K | -600 | Closed |
|
|
TRCT
184
Tower Research Capital (TRC)
New York
| – | -$21K | -554 | Closed |
|
185
Creative Planning
Overland Park,
Kansas
| – | -$7K | -200 | Closed |
|
186
Walleye Trading
New York
| – | -$7K | -200 | Closed |
|
SCSC Hedge Fund Activity: Q3 2016 in Review
157 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q3 2016, worth a combined $897M — down 3.9% from $934M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SCSC and 11 opened new positions — a net loss of 19 holders — while 60 trimmed existing stakes and 57 added.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $14.1M. The largest seller was Bank of New York Mellon, cutting an estimated $12.4M.
- 157 institutional investors held Scansource (SCSC) as of Q3 2016, down from 176 in Q2 2016.
- Funds reported $897M of Scansource stock for Q3 2016, down 3.9% quarter-over-quarter.
- 11 funds opened new Scansource positions in Q3 2016 and 30 closed out, a net change of -19 holders.
- The largest Scansource buyer in Q3 2016 was Nordea Investment Management, an estimated $14.1M added.
- The largest Scansource seller in Q3 2016 was Bank of New York Mellon, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2016.