Scansource
SCSC
156 hedge funds and large institutions have $1.02B invested in Scansource in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 70 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
22% more capital invested
Capital invested by funds: $835M → $1.02B (+$181M)
3% more funds holding
Funds holding: 151 → 156 (+5)
27% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$15.3M |
| 2 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$8.84M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.94M |
| 4 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$5.22M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$14.6M |
| 2 |
RA
Royce & Associates
New York
|
-$9.49M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$9.31M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$5.13M |
| 5 |
Millennium Management
New York
|
-$4.51M |
SCSC Hedge Fund Activity: Q1 2016 in Review
156 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q1 2016, worth a combined $1.02B — up 22% from $835M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SCSC positions and 16 closed out — a net gain of 6 holders — while 51 added to existing stakes and 70 trimmed.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $15.3M. The largest seller was Bank of New York Mellon, cutting an estimated $14.6M.
- 156 institutional investors held Scansource (SCSC) as of Q1 2016, up from 151 in Q4 2015.
- Funds reported $1.02B of Scansource stock for Q1 2016, up 22% quarter-over-quarter.
- 22 funds opened new Scansource positions in Q1 2016 and 16 closed out, a net change of +6 holders.
- The largest Scansource buyer in Q1 2016 was Pzena Investment Management, an estimated $15.3M added.
- The largest Scansource seller in Q1 2016 was Bank of New York Mellon, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2016.