Source Capital
SOR
49 hedge funds and large institutions have $44.7M invested in Source Capital in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
9% more funds holding
Funds holding: 45 → 49 (+4)
2% more capital invested
Capital invested by funds: $43.7M → $44.7M (+$1M)
0.09% less ownership
Funds ownership: 12.42% → 12.32% (-0.09%)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
+$636K |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$490K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$457K |
| 4 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$400K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.2M |
| 2 |
CWM
Chemistry Wealth Management
New York
|
-$971K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$734K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$315K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Mariner
Overland Park,
Kansas
| – | -$250K | -5,877 | Closed |
|
|
BAM
52
Belpointe Asset Management
Reno,
Nevada
| – | -$229K | -5,384 | Closed |
|
|
BCMLT
53
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| – | -$14.4K | -339 | Closed |
|
SOR Hedge Fund Activity: Q2 2024 in Review
49 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2024, worth a combined $44.7M — up 2.3% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SOR positions and 4 closed out — a net gain of 4 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Baltimore-Washington Financial Advisors, opening a new position worth an estimated $636K. The largest seller was Shaker Financial Services, cutting an estimated $1.2M.
- 49 institutional investors held Source Capital (SOR) as of Q2 2024, up from 45 in Q1 2024.
- Funds reported $44.7M of Source Capital stock for Q2 2024, up 2.3% quarter-over-quarter.
- 8 funds opened new Source Capital positions in Q2 2024 and 4 closed out, a net change of +4 holders.
- The largest Source Capital buyer in Q2 2024 was Baltimore-Washington Financial Advisors, an estimated $636K added.
- The largest Source Capital seller in Q2 2024 was Shaker Financial Services, an estimated $1.2M sold.
Based on aggregated 13F filings for Q2 2024.