We are live on ! Find out more
SOR

Source Capital
SOR

49 hedge funds and large institutions have $31.9M invested in Source Capital in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

16% more capital invested

Capital invested by funds: $27.6M → $31.9M (+$4.29M)

2% more funds holding

Funds holding: 48 → 49 (+1)

0.36% more ownership

Funds ownership: 5.13% → 5.49% (+0.36%)

0% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 14

Holders
49
Holders Change
+1
Holders Change %
+2.08%
% of All Funds
1.42%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
14
Reduced
14
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$618K
2
Wells Fargo
Wells Fargo
California
+$580K
3
DADC
D.A. Davidson & Co
Montana
+$480K
4
Morgan Stanley
Morgan Stanley
New York
+$401K
5
SL
Summitry LLC
California
+$320K

Top Sellers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
-$620K
2
Comerica Bank
Comerica Bank
Texas
-$311K
3
Citigroup
Citigroup
New York
-$153K
4
Goldman Sachs
Goldman Sachs
New York
-$135K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$123K
Name Holding Trade Value Shares
Change 		Change in
Stake
First Manhattan
26
First Manhattan
New York
$271K +$192K +3,000 +285%
VKH
27
Virtu KCG Holdings
New York
$264K +$252K +3,934 New
GT
28
Glenmede Trust
Pennsylvania
$247K +$45.9K +717 +24%
TC
29
Telemus Capital
Michigan
$235K – – –
BJL
30
Brighton Jones LLC
Washington
$231K +$2.56K +40 +1%
CBB
31
Citizens Business Bank
California
$219K – – –
Carson Wealth (CWM LLC)
32
Carson Wealth (CWM LLC)
Nebraska
$180K +$171K +2,676 New
KTC
33
Kistler-Tiffany Companies
Pennsylvania
$177K – – –
Citigroup
34
Citigroup
New York
$145K -$153K -2,390 -53%
BBPWM
35
Blue Bell Private Wealth Management
Pennsylvania
$138K +$132K +2,062 New
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$110K – – –
CAL
37
Capital Advisors Ltd
Ohio
$99K +$94.7K +1,480 New
TJHA
38
Thomas J. Herzfeld Advisors
Florida
$70K +$192 +3 +0.3%
Fifth Third Bancorp
39
Fifth Third Bancorp
Ohio
$42K -$9.66K -151 -19%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$31K – – –
US Bancorp
41
US Bancorp
Minnesota
$18K – – –
Bessemer Group
42
Bessemer Group
New Jersey
$13K – – –
TRCT
43
Tower Research Capital (TRC)
New York
$11K -$14.6K -228 -59%
HR
44
Howe & Rusling
New York
$7K – – –
FMB
45
Field & Main Bank
Kentucky
$7K +$6.4K +100 New
JFGIW
46
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$3K – – –
WEC
47
Winslow Evans & Crocker
Massachusetts
$3K +$3.2K +50 New
1IC
48
1919 Investment Counsel
Maryland
$1K – – –
SSB
49
Sandy Spring Bank
Maryland
$1K – – –
Ameriprise
50
Ameriprise
Minnesota
– -$620K -9,974 Closed
1
2
3

SOR Hedge Fund Activity: Q4 2013 in Review

49 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q4 2013, worth a combined $31.9M — up 16% from $27.6M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SOR positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 14 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $618K. The largest seller was Ameriprise, exiting entirely with an estimated $620K sold.

  • 49 institutional investors held Source Capital (SOR) as of Q4 2013, up from 48 in Q3 2013.
  • Funds reported $31.9M of Source Capital stock for Q4 2013, up 16% quarter-over-quarter.
  • 7 funds opened new Source Capital positions in Q4 2013 and 6 closed out, a net change of +1 holder.
  • The largest Source Capital buyer in Q4 2013 was Commonwealth Equity Services, an estimated $618K added.
  • The largest Source Capital seller in Q4 2013 was Ameriprise, an estimated $620K sold.

Based on aggregated 13F filings for Q4 2013.