The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
32 hedge funds and large institutions have $24.4M invested in The L.S. Starrett Company in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 2 closing their positions.
3% less funds holding
Funds holding: 33 → 32 (-1)
25% less capital invested
Capital invested by funds: $32.6M → $24.4M (-$8.21M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$102K |
| 2 |
Bank of New York Mellon
New York
|
+$95K |
| 3 |
BlackRock
New York
|
+$74.6K |
| 4 |
TA
Teton Advisors
Rye,
New York
|
+$54.3K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$46.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
-$2.48M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$118K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$78.4K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$62.6K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$43.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $14K | -$17.7K | -1,896 | -54% |
|
|
27
Bank of America
Charlotte,
North Carolina
| $10K | -$62.6K | -6,707 | -85% |
|
|
NFA
28
Nationwide Fund Advisors
Columbus,
Ohio
| $6K | – | – | – |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4K | -$317 | -34 | -6% |
|
30
JP Morgan Chase
New York
| $3K | +$326 | +35 | +13% |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
AC
32
Alexandria Capital
Arlington,
Virginia
| – | -$42K | -4,000 | Closed |
|
33
Walleye Trading
New York
| – | -$1 | -100 | Closed |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| – | +$131 | +14 | New |
|
SCX Hedge Fund Activity: Q2 2017 in Review
32 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q2 2017, worth a combined $24.4M — down 25% from $32.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SCX and 1 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 8 added.
The largest buyer was GAMCO Investors, adding an estimated $102K. The largest seller was Gabelli Funds, cutting an estimated $2.48M.
- 32 institutional investors held The L.S. Starrett Company (SCX) as of Q2 2017, down from 33 in Q1 2017.
- Funds reported $24.4M of The L.S. Starrett Company stock for Q2 2017, down 25% quarter-over-quarter.
- 1 fund opened new The L.S. Starrett Company positions in Q2 2017 and 2 closed out, a net change of -1 holder.
- The largest The L.S. Starrett Company buyer in Q2 2017 was GAMCO Investors, an estimated $102K added.
- The largest The L.S. Starrett Company seller in Q2 2017 was Gabelli Funds, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2017.