The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
27 hedge funds and large institutions have $34.1M invested in The L.S. Starrett Company in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and closing their positions.
76% more capital invested
Capital invested by funds: $19.4M → $34.1M (+$14.8M)
8% more funds holding
Funds holding: 25 → 27 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$221K |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$208K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$176K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$100K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$13.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$62.9K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$18.9K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.78K |
| 5 |
Morgan Stanley
New York
|
-$5.03K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $4.01K | – | – | – |
|
|
CSC
27
Caldwell Sutter Capital
Sausalito,
California
| $2.24K | – | – | – |
|
SCX Hedge Fund Activity: Q1 2023 in Review
27 of the 6,278 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q1 2023, worth a combined $34.1M — up 76% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SCX positions and 0 closed out — a net gain of 2 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Vanguard Group, adding an estimated $221K. The largest seller was Renaissance Technologies, cutting an estimated $62.9K.
- 27 institutional investors held The L.S. Starrett Company (SCX) as of Q1 2023, up from 25 in Q4 2022.
- Funds reported $34.1M of The L.S. Starrett Company stock for Q1 2023, up 76% quarter-over-quarter.
- 2 funds opened new The L.S. Starrett Company positions in Q1 2023 and 0 closed out, a net change of +2 holders.
- The largest The L.S. Starrett Company buyer in Q1 2023 was Vanguard Group, an estimated $221K added.
- The largest The L.S. Starrett Company seller in Q1 2023 was Renaissance Technologies, an estimated $62.9K sold.
Based on aggregated 13F filings for Q1 2023.