Scansource
SCSC
165 hedge funds and large institutions have $883M invested in Scansource in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 23 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
0.19% less ownership
Funds ownership: 97% → 96.81% (-0.19%)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1% less funds holding
Funds holding: 167 → 165 (-2)
18% less capital invested
Capital invested by funds: $1.08B → $883M (-$193M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.22M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.72M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.38M |
| 4 |
BlackRock
New York
|
+$4.19M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.29M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$4.58M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.23M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$4.19M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
SG Americas Securities
New York
| – | -$263K | -6,030 | Closed |
|
177
Squarepoint
New York
| – | -$249K | -5,695 | Closed |
|
|
PIA
178
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$242K | -5,540 | Closed |
|
|
FA
179
FDx Advisors
Chicago,
Illinois
| – | -$236K | -5,418 | Closed |
|
|
PCM
180
Palouse Capital Management
Spokane,
Washington
| – | -$226K | -5,172 | Closed |
|
|
CSS
181
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$202K | -4,625 | Closed |
|
182
Pacer Advisors
Malvern,
Pennsylvania
| – | -$38K | -870 | Closed |
|
|
PCM
183
Prelude Capital Management
New York
| – | -$31K | -700 | Closed |
|
|
PHK
184
Point72 Hong Kong
Hong Kong
| – | -$2K | -45 | Closed |
|
|
TWA
185
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -22 | Closed |
|
|
PFBT
186
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -21 | Closed |
|
|
WAM
187
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$78 | -2 | -13% |
|
SCSC Hedge Fund Activity: Q4 2017 in Review
165 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q4 2017, worth a combined $883M — down 18% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SCSC and 21 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 61 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $5.22M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $5.29M sold.
- 165 institutional investors held Scansource (SCSC) as of Q4 2017, down from 167 in Q3 2017.
- Funds reported $883M of Scansource stock for Q4 2017, down 18% quarter-over-quarter.
- 21 funds opened new Scansource positions in Q4 2017 and 23 closed out, a net change of -2 holders.
- The largest Scansource buyer in Q4 2017 was Renaissance Technologies, an estimated $5.22M added.
- The largest Scansource seller in Q4 2017 was Kennedy Capital Management, an estimated $5.29M sold.
Based on aggregated 13F filings for Q4 2017.