The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
33 hedge funds and large institutions have $32.6M invested in The L.S. Starrett Company in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $29M → $32.6M (+$3.59M)
13% less funds holding
Funds holding: 38 → 33 (-5)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$367K |
| 2 |
BlackRock
New York
|
+$242K |
| 3 |
TA
Teton Advisors
Rye,
New York
|
+$224K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$21.8K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$221K |
| 2 |
SIM
Spark Investment Management
New York
|
-$164K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$128K |
| 4 |
Renaissance Technologies
New York
|
-$117K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$92.8K |
SCX Hedge Fund Activity: Q1 2017 in Review
33 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q1 2017, worth a combined $32.6M — up 12% from $29M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SCX and 1 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was GAMCO Investors, adding an estimated $367K. The largest seller was Morgan Dempsey Capital Management, cutting an estimated $221K.
- 33 institutional investors held The L.S. Starrett Company (SCX) as of Q1 2017, down from 38 in Q4 2016.
- Funds reported $32.6M of The L.S. Starrett Company stock for Q1 2017, up 12% quarter-over-quarter.
- 1 fund opened new The L.S. Starrett Company positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest The L.S. Starrett Company buyer in Q1 2017 was GAMCO Investors, an estimated $367K added.
- The largest The L.S. Starrett Company seller in Q1 2017 was Morgan Dempsey Capital Management, an estimated $221K sold.
Based on aggregated 13F filings for Q1 2017.