The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
33 hedge funds and large institutions have $20M invested in The L.S. Starrett Company in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 32 → 33 (+1)
21% less capital invested
Capital invested by funds: $25.2M → $20M (-$5.22M)
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$190K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
+$64.2K |
| 3 |
Morgan Stanley
New York
|
+$47.2K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$18K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$99K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$53.1K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$30.7K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$28K |
| 5 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$25.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $14K | -$8 | -1 | -0% |
|
27
Bank of America
Charlotte,
North Carolina
| $8K | – | – | – |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | +$9.75K | +1,200 | New |
|
29
EARNEST Partners
Atlanta,
Georgia
| $6K | – | – | – |
|
30
JP Morgan Chase
New York
| $5K | +$122 | +15 | +2% |
|
|
SWP
31
Stratos Wealth Partners
Beachwood,
Ohio
| $3K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $3K | +$3.73K | +459 | New |
|
33
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | -$227 | -28 | -17% |
|
|
34
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$99K | -11,540 | Closed |
|
SCX Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q1 2018, worth a combined $20M — down 21% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SCX positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 16 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $190K. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $99K sold.
- 33 institutional investors held The L.S. Starrett Company (SCX) as of Q1 2018, up from 32 in Q4 2017.
- Funds reported $20M of The L.S. Starrett Company stock for Q1 2018, down 21% quarter-over-quarter.
- 2 funds opened new The L.S. Starrett Company positions in Q1 2018 and 1 closed out, a net change of +1 holder.
- The largest The L.S. Starrett Company buyer in Q1 2018 was Ancora Advisors, an estimated $190K added.
- The largest The L.S. Starrett Company seller in Q1 2018 was Jacobs Levy Equity Management, an estimated $99K sold.
Based on aggregated 13F filings for Q1 2018.