Source Capital
SOR
57 hedge funds and large institutions have $39.6M invested in Source Capital in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
10% more funds holding
Funds holding: 52 → 57 (+5)
4% more capital invested
Capital invested by funds: $38.1M → $39.6M (+$1.46M)
0.74% more ownership
Funds ownership: 6.29% → 7.04% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.52M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$922K |
| 3 |
Morgan Stanley
New York
|
+$760K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$758K |
| 5 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$811K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$513K |
| 3 |
Goldman Sachs
New York
|
-$440K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$226K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$205K |
SOR Hedge Fund Activity: Q3 2014 in Review
57 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q3 2014, worth a combined $39.6M — up 3.8% from $38.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SOR positions and 1 closed out — a net gain of 5 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.52M. The largest seller was Cetera Advisor Networks, cutting an estimated $811K.
- 57 institutional investors held Source Capital (SOR) as of Q3 2014, up from 52 in Q2 2014.
- Funds reported $39.6M of Source Capital stock for Q3 2014, up 3.8% quarter-over-quarter.
- 6 funds opened new Source Capital positions in Q3 2014 and 1 closed out, a net change of +5 holders.
- The largest Source Capital buyer in Q3 2014 was Wolverine Asset Management, an estimated $1.52M added.
- The largest Source Capital seller in Q3 2014 was Cetera Advisor Networks, an estimated $811K sold.
Based on aggregated 13F filings for Q3 2014.