The L.S. Starrett Company
SCX
SCX was delisted on the 22nd of May, 2024.
42 hedge funds and large institutions have $55.5M invested in The L.S. Starrett Company in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% more capital invested
Capital invested by funds: $39.4M → $55.5M (+$16.1M)
31% more funds holding
Funds holding: 32 → 42 (+10)
1.93% more ownership
Funds ownership: 46.97% → 48.9% (+1.9%)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$2.42M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$888K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$829K |
| 4 |
N
Natixis
Paris,
France
|
+$775K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.76M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$598K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$561K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$249K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$148K |
SCX Hedge Fund Activity: Q1 2024 in Review
42 of the 6,961 institutional investors tracked by Wall St. Rank reported a position in The L.S. Starrett Company (SCX) for Q1 2024, worth a combined $55.5M — up 41% from $39.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SCX positions and 5 closed out — a net gain of 10 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $2.42M. The largest seller was Morgan Stanley, cutting an estimated $4.76M.
- 42 institutional investors held The L.S. Starrett Company (SCX) as of Q1 2024, up from 32 in Q4 2023.
- Funds reported $55.5M of The L.S. Starrett Company stock for Q1 2024, up 41% quarter-over-quarter.
- 15 funds opened new The L.S. Starrett Company positions in Q1 2024 and 5 closed out, a net change of +10 holders.
- The largest The L.S. Starrett Company buyer in Q1 2024 was Beryl Capital Management, an estimated $2.42M added.
- The largest The L.S. Starrett Company seller in Q1 2024 was Morgan Stanley, an estimated $4.76M sold.
Based on aggregated 13F filings for Q1 2024.