Scansource
SCSC
170 hedge funds and large institutions have $998M invested in Scansource in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 60 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
12% more capital invested
Capital invested by funds: $895M → $998M (+$104M)
8% more funds holding
Funds holding: 157 → 170 (+13)
6% more call options, than puts
Call options by funds: $660K | Put options by funds: $620K
8% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 60
1.56% less ownership
Funds ownership: 98.45% → 96.89% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$17.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.06M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.07M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7.49M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.6M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.08M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$3.99M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Los Angeles Capital Management
Los Angeles,
California
| – | -$800K | -22,502 | Closed |
|
|
AA
177
ALPS Advisors
Denver,
Colorado
| – | -$565K | -15,907 | Closed |
|
|
MAM
178
Martingale Asset Management
Boston,
Massachusetts
| – | -$267K | -7,500 | Closed |
|
|
STA
179
Summit Trail Advisors
New York
| – | -$200K | -5,490 | Closed |
|
SCSC Hedge Fund Activity: Q2 2018 in Review
170 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q2 2018, worth a combined $998M — up 12% from $895M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SCSC positions and 9 closed out — a net gain of 13 holders — while 55 added to existing stakes and 60 trimmed.
The largest buyer was BlackRock, adding an estimated $17.7M. The largest seller was Renaissance Technologies, cutting an estimated $7.49M.
- 170 institutional investors held Scansource (SCSC) as of Q2 2018, up from 157 in Q1 2018.
- Funds reported $998M of Scansource stock for Q2 2018, up 12% quarter-over-quarter.
- 22 funds opened new Scansource positions in Q2 2018 and 9 closed out, a net change of +13 holders.
- The largest Scansource buyer in Q2 2018 was BlackRock, an estimated $17.7M added.
- The largest Scansource seller in Q2 2018 was Renaissance Technologies, an estimated $7.49M sold.
Based on aggregated 13F filings for Q2 2018.