The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
31 hedge funds and large institutions have $32.7M invested in The L.S. Starrett Company in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $30.1M → $32.7M (+$2.6M)
3% less funds holding
Funds holding: 32 → 31 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$478K |
| 2 |
Morgan Stanley
New York
|
+$444K |
| 3 |
TA
Teton Advisors
Rye,
New York
|
+$51K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$26.8K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$24.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
-$550K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$110K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$52.8K |
| 4 |
Axa
Paris,
France
|
-$22K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
26
BlackRock Advisors
Wilmington,
Delaware
| $7K | -$2.88K | -273 | -29% |
|
|
NHFG
27
New Harbor Financial Group
Worcester,
Massachusetts
| $7K | – | – | – |
|
|
28
Bank of America
Charlotte,
North Carolina
| $4K | -$17K | -1,612 | -80% |
|
29
Barclays
London,
United Kingdom
| $4K | +$887 | +84 | +32% |
|
30
Citigroup
New York
| $1K | +$1.06K | +100 | New |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5 | -$898 | -85 | -15% |
|
|
VNA
32
VNBTrust National Association
Charlottesville,
Virginia
| – | -$550K | -53,849 | Closed |
|
|
33
Northern Trust
Chicago,
Illinois
| – | -$110K | -10,789 | Closed |
|
|
34
Axa
Paris,
France
| – | -$22K | -2,150 | Closed |
|
SCX Hedge Fund Activity: Q3 2013 in Review
31 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q3 2013, worth a combined $32.7M — up 8.6% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SCX and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was North Star Investment Management, adding an estimated $478K. The largest seller was VNBTrust National Association, exiting entirely with an estimated $550K sold.
- 31 institutional investors held The L.S. Starrett Company (SCX) as of Q3 2013, down from 32 in Q2 2013.
- Funds reported $32.7M of The L.S. Starrett Company stock for Q3 2013, up 8.6% quarter-over-quarter.
- 2 funds opened new The L.S. Starrett Company positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest The L.S. Starrett Company buyer in Q3 2013 was North Star Investment Management, an estimated $478K added.
- The largest The L.S. Starrett Company seller in Q3 2013 was VNBTrust National Association, an estimated $550K sold.
Based on aggregated 13F filings for Q3 2013.