Scansource
SCSC
162 hedge funds and large institutions have $722M invested in Scansource in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 60 reducing their positions, and 13 closing their positions.
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
1% more funds holding
Funds holding: 160 → 162 (+2)
3% more capital invested
Capital invested by funds: $703M → $722M (+$19.3M)
0.43% more ownership
Funds ownership: 95.45% → 95.87% (+0.43%)
3% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 60
76% less call options, than puts
Call options by funds: $109K | Put options by funds: $463K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.19M |
| 2 |
Pzena Investment Management
New York
|
+$3.62M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.46M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.84M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$7.8M |
| 2 |
BlackRock
New York
|
-$5.01M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.54M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.33M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.08M |
SCSC Hedge Fund Activity: Q3 2023 in Review
162 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Scansource (SCSC) for Q3 2023, worth a combined $722M — up 2.7% from $703M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SCSC positions and 13 closed out — a net gain of 3 holders — while 58 added to existing stakes and 60 trimmed.
The largest buyer was Millennium Management, adding an estimated $5.19M. The largest seller was Paradigm Capital Management Inc, exiting entirely with an estimated $7.8M sold.
- 162 institutional investors held Scansource (SCSC) as of Q3 2023, up from 160 in Q2 2023.
- Funds reported $722M of Scansource stock for Q3 2023, up 2.7% quarter-over-quarter.
- 16 funds opened new Scansource positions in Q3 2023 and 13 closed out, a net change of +3 holders.
- The largest Scansource buyer in Q3 2023 was Millennium Management, an estimated $5.19M added.
- The largest Scansource seller in Q3 2023 was Paradigm Capital Management Inc, an estimated $7.8M sold.
Based on aggregated 13F filings for Q3 2023.