The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
24 hedge funds and large institutions have $15.6M invested in The L.S. Starrett Company in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 9 closing their positions.
5% less capital invested
Capital invested by funds: $16.4M → $15.6M (-$811K)
23% less funds holding
Funds holding: 31 → 24 (-7)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$243K |
| 2 |
Morgan Stanley
New York
|
+$108K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$91.1K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$84.9K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$851K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
-$87.7K |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$75K |
| 4 |
QAM
QCI Asset Management
Pittsford,
New York
|
-$73.7K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Alambic Investment Management
Belvedere,
California
| – | -$75K | -12,985 | Closed |
|
|
27
Northern Trust
Chicago,
Illinois
| – | -$61K | -10,559 | Closed |
|
28
Victory Capital Management
San Antonio,
Texas
| – | -$5K | -898 | Closed |
|
|
BCA
29
Bray Capital Advisors
Naples,
Florida
| – | -$3K | -470 | Closed |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| – | -$3K | -436 | Closed |
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -124 | Closed |
|
SCX Hedge Fund Activity: Q4 2019 in Review
24 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q4 2019, worth a combined $15.6M — down 4.9% from $16.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SCX and 2 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Renaissance Technologies, adding an estimated $243K. The largest seller was Royce & Associates, exiting entirely with an estimated $851K sold.
- 24 institutional investors held The L.S. Starrett Company (SCX) as of Q4 2019, down from 31 in Q3 2019.
- Funds reported $15.6M of The L.S. Starrett Company stock for Q4 2019, down 4.9% quarter-over-quarter.
- 2 funds opened new The L.S. Starrett Company positions in Q4 2019 and 9 closed out, a net change of -7 holders.
- The largest The L.S. Starrett Company buyer in Q4 2019 was Renaissance Technologies, an estimated $243K added.
- The largest The L.S. Starrett Company seller in Q4 2019 was Royce & Associates, an estimated $851K sold.
Based on aggregated 13F filings for Q4 2019.