The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
32 hedge funds and large institutions have $34.6M invested in The L.S. Starrett Company in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 2 reducing their positions, and 1 closing their positions.
550% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 2
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
10% more funds holding
Funds holding: 29 → 32 (+3)
7% more capital invested
Capital invested by funds: $32.3M → $34.6M (+$2.35M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$631K |
| 2 |
Morgan Stanley
New York
|
+$238K |
| 3 |
BlackRock
New York
|
+$149K |
| 4 |
Renaissance Technologies
New York
|
+$130K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$80K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHC
City Holding Co
Charleston,
West Virginia
|
-$2.61K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$556 |
| 3 |
Wells Fargo
San Francisco,
California
|
-$22 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $8.6K | – | – | – |
|
|
HI
27
Horizon Investments
Charlotte,
North Carolina
| $5.38K | +$5.57K | +500 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $3.84K | – | – | – |
|
29
Fidelity Investments
Boston,
Massachusetts
| $2.84K | +$2.94K | +264 | New |
|
|
CSC
30
Caldwell Sutter Capital
Sausalito,
California
| $2.15K | – | – | – |
|
31
RhumbLine Advisers
Boston,
Massachusetts
| $2.06K | – | – | – |
|
32
JP Morgan Chase
New York
| $75 | +$78 | +7 | New |
|
|
CHC
33
City Holding Co
Charleston,
West Virginia
| – | -$2.61K | -250 | Closed |
|
SCX Hedge Fund Activity: Q3 2023 in Review
32 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q3 2023, worth a combined $34.6M — up 7.3% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SCX positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 2 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $631K. The largest seller was City Holding Co, exiting entirely with an estimated $2.61K sold.
- 32 institutional investors held The L.S. Starrett Company (SCX) as of Q3 2023, up from 29 in Q2 2023.
- Funds reported $34.6M of The L.S. Starrett Company stock for Q3 2023, up 7.3% quarter-over-quarter.
- 4 funds opened new The L.S. Starrett Company positions in Q3 2023 and 1 closed out, a net change of +3 holders.
- The largest The L.S. Starrett Company buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $631K added.
- The largest The L.S. Starrett Company seller in Q3 2023 was City Holding Co, an estimated $2.61K sold.
Based on aggregated 13F filings for Q3 2023.