We are live on ! Find out more
SOR

Source Capital
SOR

48 hedge funds and large institutions have $61.4M invested in Source Capital in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

20% more funds holding

Funds holding: 40 → 48 (+8)

16% more capital invested

Capital invested by funds: $52.7M → $61.4M (+$8.66M)

1.59% more ownership

Funds ownership: 20.26% → 21.85% (+1.6%)

0% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 14

Holders
48
Holders Change
+8
Holders Change %
+20%
% of All Funds
0.98%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
9
Increased
14
Reduced
14
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$2.26M
2
SFS
Shaker Financial Services
Virginia
+$2.11M
3
PAS
Park Avenue Securities
New York
+$542K
4
CRC
Curi RMB Capital
Illinois
+$510K
5
CA
Cornerstone Advisors
North Carolina
+$380K

Top Sellers

Rank Fund Capital Flow
1
TJHA
Thomas J. Herzfeld Advisors
Florida
-$984K
2
UBS Group
UBS Group
Switzerland
-$649K
3
Bank of America
Bank of America
North Carolina
-$463K
4
PC
Pecaut & Co
Iowa
-$399K
5
CCP
Clough Capital Partners
Massachusetts
-$219K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$325K – – –
CCM
27
Cohen Capital Management
California
$317K – – –
WAM
28
Wolverine Asset Management
Illinois
$276K +$269K +8,344 New
Walleye Trading
29
Walleye Trading
New York
$274K +$267K +8,268 New
BS
30
Boenning & Scattergood
Pennsylvania
$248K +$839 +26 +0.3%
FAIM
31
Financial Advocates Investment Management
Washington
$233K -$7.9K -245 -3%
GC
32
Guggenheim Capital
Illinois
$224K -$63.9K -1,980 -23%
BCM
33
Breiter Capital Management
Florida
$220K – – –
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
$213K +$208K +6,449 New
Osaic Holdings
35
Osaic Holdings
Arizona
$198K -$6.13K -190 -3%
UBS Group
36
UBS Group
Switzerland
$168K -$649K -20,129 -80%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$166K -$96.6K -2,994 -37%
CAN
38
Cetera Advisor Networks
California
$110K +$107K +3,329 New
US Bancorp
39
US Bancorp
Minnesota
$47K +$22.3K +690 +96%
Lazard Asset Management
40
Lazard Asset Management
New York
$40K – – –
Citigroup
41
Citigroup
New York
$33K +$65 +2 +0.2%
BBPWM
42
Blue Bell Private Wealth Management
Pennsylvania
$30K +$12.9K +400 +68%
PCG
43
Private Capital Group
Connecticut
$24K – – –
First Manhattan
44
First Manhattan
New York
$8K – – –
HFA
45
HC Financial Advisors
California
$6K – – –
PAG
46
Private Advisor Group
New Jersey
$2K +$1.61K +50 New
Northwestern Mutual Wealth Management
47
Northwestern Mutual Wealth Management
Wisconsin
$2K +$2.16K +67 New
JFGIW
48
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$1K – – –
AIC
49
Ameritas Investment Company
Nebraska
– -$7K -240 Closed
1
2

SOR Hedge Fund Activity: Q2 2020 in Review

48 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2020, worth a combined $61.4M — up 16% from $52.7M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new SOR positions and 1 closed out — a net gain of 8 holders — while 14 added to existing stakes and 14 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.26M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $984K.

  • 48 institutional investors held Source Capital (SOR) as of Q2 2020, up from 40 in Q1 2020.
  • Funds reported $61.4M of Source Capital stock for Q2 2020, up 16% quarter-over-quarter.
  • 9 funds opened new Source Capital positions in Q2 2020 and 1 closed out, a net change of +8 holders.
  • The largest Source Capital buyer in Q2 2020 was Rivernorth Capital Management, an estimated $2.26M added.
  • The largest Source Capital seller in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $984K sold.

Based on aggregated 13F filings for Q2 2020.