Source Capital
SOR
49 hedge funds and large institutions have $34.8M invested in Source Capital in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 5 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $31.9M → $34.8M (+$2.97M)
0.37% more ownership
Funds ownership: 5.49% → 5.86% (+0.37%)
0% more funds holding
Funds holding: 49 → 49 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.25M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$674K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$431K |
| 4 |
Morgan Stanley
New York
|
+$349K |
| 5 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$435K |
| 2 |
SL
Summitry LLC
Foster City,
California
|
-$336K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$265K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$264K |
| 5 |
SG Americas Securities
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
51
Virtu KCG Holdings
New York
| – | -$264K | -3,934 | Closed |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$180K | -2,676 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$11K | -160 | Closed |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$3K | -50 | Closed |
|
SOR Hedge Fund Activity: Q1 2014 in Review
49 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q1 2014, worth a combined $34.8M — up 9.3% from $31.9M a quarter earlier.
Fund positioning in SOR was balanced in Q1 2014: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 10 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.25M. The largest seller was Commonwealth Equity Services, cutting an estimated $435K.
- 49 institutional investors held Source Capital (SOR) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $34.8M of Source Capital stock for Q1 2014, up 9.3% quarter-over-quarter.
- 5 funds opened new Source Capital positions in Q1 2014 and 5 closed out, a net change of 0 holders.
- The largest Source Capital buyer in Q1 2014 was Shaker Financial Services, an estimated $1.25M added.
- The largest Source Capital seller in Q1 2014 was Commonwealth Equity Services, an estimated $435K sold.
Based on aggregated 13F filings for Q1 2014.