The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
32 hedge funds and large institutions have $22.6M invested in The L.S. Starrett Company in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
50% more capital invested
Capital invested by funds: $15.1M → $22.6M (+$7.59M)
14% more funds holding
Funds holding: 28 → 32 (+4)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$489K |
| 2 |
Renaissance Technologies
New York
|
+$196K |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$125K |
| 4 |
Morgan Stanley
New York
|
+$99.6K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$92.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$538K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$151K |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$54K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$21.7K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $10K | -$5.44K | -784 | -39% |
|
|
CAM
27
ClariVest Asset Management
San Diego,
California
| $9K | +$8.29K | +1,195 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $7K | -$1.95K | -281 | -23% |
|
29
EARNEST Partners
Atlanta,
Georgia
| $7K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $6K | – | – | – |
|
|
BCA
31
Bray Capital Advisors
Naples,
Florida
| $4K | – | – | – |
|
|
SKK
32
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$54K | -10,300 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$6K | -1,121 | Closed |
|
34
Barclays
London,
United Kingdom
| – | +$146 | +21 | New |
|
SCX Hedge Fund Activity: Q1 2019 in Review
32 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q1 2019, worth a combined $22.6M — up 50% from $15.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SCX positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was RBF Capital, adding an estimated $489K. The largest seller was Royce & Associates, cutting an estimated $538K.
- 32 institutional investors held The L.S. Starrett Company (SCX) as of Q1 2019, up from 28 in Q4 2018.
- Funds reported $22.6M of The L.S. Starrett Company stock for Q1 2019, up 50% quarter-over-quarter.
- 6 funds opened new The L.S. Starrett Company positions in Q1 2019 and 2 closed out, a net change of +4 holders.
- The largest The L.S. Starrett Company buyer in Q1 2019 was RBF Capital, an estimated $489K added.
- The largest The L.S. Starrett Company seller in Q1 2019 was Royce & Associates, an estimated $538K sold.
Based on aggregated 13F filings for Q1 2019.