The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
41 hedge funds and large institutions have $37M invested in The L.S. Starrett Company in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $32.5M → $37M (+$4.48M)
0.58% less ownership
Funds ownership: 50.32% → 49.74% (-0.58%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
7% less funds holding
Funds holding: 44 → 41 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$131K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$38.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$23.3K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
-$227K |
| 2 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$124K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$108K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$45.3K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$27K |
SCX Hedge Fund Activity: Q2 2016 in Review
41 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q2 2016, worth a combined $37M — up 14% from $32.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SCX and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Renaissance Technologies, adding an estimated $131K. The largest seller was James Investment Research, exiting entirely with an estimated $227K sold.
- 41 institutional investors held The L.S. Starrett Company (SCX) as of Q2 2016, down from 44 in Q1 2016.
- Funds reported $37M of The L.S. Starrett Company stock for Q2 2016, up 14% quarter-over-quarter.
- 4 funds opened new The L.S. Starrett Company positions in Q2 2016 and 6 closed out, a net change of -2 holders.
- The largest The L.S. Starrett Company buyer in Q2 2016 was Renaissance Technologies, an estimated $131K added.
- The largest The L.S. Starrett Company seller in Q2 2016 was James Investment Research, an estimated $227K sold.
Based on aggregated 13F filings for Q2 2016.