Scansource
SCSC
157 hedge funds and large institutions have $745M invested in Scansource in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 67 reducing their positions, and 21 closing their positions.
0.09% more ownership
Funds ownership: 96.57% → 96.66% (+0.09%)
7% less funds holding
Funds holding: 168 → 157 (-11)
8% less capital invested
Capital invested by funds: $808M → $745M (-$62.8M)
36% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 67
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
99% less call options, than puts
Call options by funds: $9K | Put options by funds: $650K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$26M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.3M |
| 3 |
JP Morgan Chase
New York
|
+$1.9M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$1.5M |
| 5 |
Renaissance Technologies
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.5M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$4.05M |
| 3 |
BlackRock
New York
|
-$3.51M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$3.47M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$2K | -71 | Closed |
|
|
QCG
177
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1.74K | -56 | -64% |
|
SCSC Hedge Fund Activity: Q3 2019 in Review
157 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q3 2019, worth a combined $745M — down 7.8% from $808M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SCSC and 12 opened new positions — a net loss of 9 holders — while 67 trimmed existing stakes and 43 added.
The largest buyer was Victory Capital Management, adding an estimated $26M. The largest seller was Wellington Management Group, cutting an estimated $10.5M.
- 157 institutional investors held Scansource (SCSC) as of Q3 2019, down from 168 in Q2 2019.
- Funds reported $745M of Scansource stock for Q3 2019, down 7.8% quarter-over-quarter.
- 12 funds opened new Scansource positions in Q3 2019 and 21 closed out, a net change of -9 holders.
- The largest Scansource buyer in Q3 2019 was Victory Capital Management, an estimated $26M added.
- The largest Scansource seller in Q3 2019 was Wellington Management Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2019.