Scansource
SCSC
186 hedge funds and large institutions have $985M invested in Scansource in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 64 increasing their positions, 55 reducing their positions, and 11 closing their positions.
273% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 11
97.1% more ownership
Funds ownership: 0% → 97.1% (+97%)
18% more funds holding
Funds holding: 158 → 186 (+28)
16% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 55
9% more capital invested
Capital invested by funds: $904M → $985M (+$81M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$11.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.45M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.27M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$7.93M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.6M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$24.8M |
| 3 |
Bank of New York Mellon
New York
|
-$19.4M |
| 4 |
RA
Royce & Associates
New York
|
-$9.95M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$5.37M |
SCSC Hedge Fund Activity: Q4 2016 in Review
186 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q4 2016, worth a combined $985M — up 9% from $904M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SCSC positions and 11 closed out — a net gain of 30 holders — while 64 added to existing stakes and 55 trimmed.
The largest buyer was Pzena Investment Management, adding an estimated $11.9M. The largest seller was Wellington Management Group, cutting an estimated $38.6M.
- 186 institutional investors held Scansource (SCSC) as of Q4 2016, up from 158 in Q3 2016.
- Funds reported $985M of Scansource stock for Q4 2016, up 9% quarter-over-quarter.
- 41 funds opened new Scansource positions in Q4 2016 and 11 closed out, a net change of +30 holders.
- The largest Scansource buyer in Q4 2016 was Pzena Investment Management, an estimated $11.9M added.
- The largest Scansource seller in Q4 2016 was Wellington Management Group, an estimated $38.6M sold.
Based on aggregated 13F filings for Q4 2016.