The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
39 hedge funds and large institutions have $30.7M invested in The L.S. Starrett Company in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
5% less funds holding
Funds holding: 41 → 39 (-2)
17% less capital invested
Capital invested by funds: $37M → $30.7M (-$6.26M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$211K |
| 2 |
SIM
Spark Investment Management
New York
|
+$201K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$74.6K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$44.8K |
| 5 |
IWMPD
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$79.3K |
| 2 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$63K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$46.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$28.2K |
| 5 |
Bank of New York Mellon
New York
|
-$25.3K |
SCX Hedge Fund Activity: Q3 2016 in Review
39 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q3 2016, worth a combined $30.7M — down 17% from $37M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SCX and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Renaissance Technologies, adding an estimated $211K. The largest seller was Morgan Stanley, cutting an estimated $79.3K.
- 39 institutional investors held The L.S. Starrett Company (SCX) as of Q3 2016, down from 41 in Q2 2016.
- Funds reported $30.7M of The L.S. Starrett Company stock for Q3 2016, down 17% quarter-over-quarter.
- 1 fund opened new The L.S. Starrett Company positions in Q3 2016 and 3 closed out, a net change of -2 holders.
- The largest The L.S. Starrett Company buyer in Q3 2016 was Renaissance Technologies, an estimated $211K added.
- The largest The L.S. Starrett Company seller in Q3 2016 was Morgan Stanley, an estimated $79.3K sold.
Based on aggregated 13F filings for Q3 2016.