We are live on ! Find out more
SOR

Source Capital
SOR

38 hedge funds and large institutions have $37.2M invested in Source Capital in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

3% more funds holding

Funds holding: 37 → 38 (+1)

0.85% less ownership

Funds ownership: 12.49% → 11.64% (-0.85%)

6% less capital invested

Capital invested by funds: $39.6M → $37.2M (-$2.44M)

13% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 15

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
38
Holders Change
+1
Holders Change %
+2.7%
% of All Funds
0.6%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
3
Increased
13
Reduced
15
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BWFA
Baltimore-Washington Financial Advisors
Maryland
+$582K
2
Morgan Stanley
Morgan Stanley
New York
+$526K
3
GC
Guggenheim Capital
Illinois
+$300K
4
DADC
D.A. Davidson & Co
Montana
+$261K
5
NA
NewEdge Advisors
Louisiana
+$207K

Top Sellers

Rank Fund Capital Flow
1
SFS
Shaker Financial Services
Virginia
-$2.16M
2
CWM
Chemistry Wealth Management
New York
-$1.31M
3
SCM
Saba Capital Management
New York
-$853K
4
RJFSA
Raymond James Financial Services Advisors
Florida
-$188K
5
MAA
Mraz Amerine & Associates
California
-$141K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$256K -$188K -4,842 -42%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$245K -$17.4K -448 -7%
Osaic Holdings
28
Osaic Holdings
Arizona
$244K +$39K +1,003 +19%
NA
29
NewEdge Advisors
Louisiana
$236K +$207K +5,328 +686%
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$228K +$272 +7 +0.1%
CSPIA
31
Cary Street Partners Investment Advisory
Virginia
$145K – – –
CT
32
Colonial Trust
South Carolina
$87.9K +$1.4K +36 +2%
Lazard Asset Management
33
Lazard Asset Management
New York
$41K – – –
NS
34
NBC Securities
Alabama
$36K +$36.6K +941 New
UBS Group
35
UBS Group
Switzerland
$18.8K +$3.35K +86 +21%
SWM
36
Spire Wealth Management
Virginia
$7.72K – – –
EC
37
Elequin Capital
New York
$3.94K -$88.7K -2,281 -96%
CCP
38
Carmel Capital Partners
California
$3.86K – – –
GJIA
39
Glass Jacobson Investment Advisors
Maryland
– -$18.6K -486 Closed
SPIA
40
Steward Partners Investment Advisory
New York
– -$14.4K -375 Closed
1
2

SOR Hedge Fund Activity: Q3 2023 in Review

38 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q3 2023, worth a combined $37.2M — down 6.1% from $39.6M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new SOR positions and 2 closed out — a net gain of 1 holder — while 13 added to existing stakes and 15 trimmed.

The largest buyer was Baltimore-Washington Financial Advisors, opening a new position worth an estimated $582K. The largest seller was Shaker Financial Services, cutting an estimated $2.16M.

  • 38 institutional investors held Source Capital (SOR) as of Q3 2023, up from 37 in Q2 2023.
  • Funds reported $37.2M of Source Capital stock for Q3 2023, down 6.1% quarter-over-quarter.
  • 3 funds opened new Source Capital positions in Q3 2023 and 2 closed out, a net change of +1 holder.
  • The largest Source Capital buyer in Q3 2023 was Baltimore-Washington Financial Advisors, an estimated $582K added.
  • The largest Source Capital seller in Q3 2023 was Shaker Financial Services, an estimated $2.16M sold.

Based on aggregated 13F filings for Q3 2023.