Source Capital
SOR
54 hedge funds and large institutions have $58.9M invested in Source Capital in 2024 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
24% more capital invested
Capital invested by funds: $47.6M → $58.9M (+$11.3M)
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
8% more funds holding
Funds holding: 50 → 54 (+4)
3.17% more ownership
Funds ownership: 13.31% → 16.48% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$729K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$507K |
| 3 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$366K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$321K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.87M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$924K |
| 3 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
-$240K |
| 4 |
CWM
Chemistry Wealth Management
New York
|
-$209K |
| 5 |
PC
Pecaut & Co
Sioux City,
Iowa
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWM
51
Venturi Wealth Management
Austin,
Texas
| $3.26K | – | – | – |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | +$2.98K | +67 | New |
|
53
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2.17K | – | – | – |
|
|
OPTFSNA
54
Old Point Trust & Financial Services N A
Newport News,
Virginia
| $1.78K | +$1.83K | +41 | New |
|
|
IAIM
55
International Assets Investment Management
Orlando,
Florida
| – | -$495 | -22,040 | Closed |
|
|
56
Envestnet Asset Management
Chicago,
Illinois
| – | -$924K | -20,755 | Closed |
|
|
CSPIA
57
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$240K | -5,386 | Closed |
|
|
NS
58
NBC Securities
Birmingham,
Alabama
| – | -$43K | -967 | Closed |
|
|
CFB
59
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$38.2K | -859 | Closed |
|
|
EFP
60
EnRich Financial Partners
Madison,
Wisconsin
| – | -$28.1K | -630 | Closed |
|
|
WAM
61
Wolverine Asset Management
Chicago,
Illinois
| – | -$17.3K | -389 | Closed |
|
|
GJWM
62
Gilliland Jeter Wealth Management
Little Rock,
Arkansas
| – | -$7.66K | -172 | Closed |
|
SOR Hedge Fund Activity: Q4 2024 in Review
54 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q4 2024, worth a combined $58.9M — up 24% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SOR positions and 8 closed out — a net gain of 6 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Concurrent Investment Advisors, opening a new position worth an estimated $729K. The largest seller was Shaker Financial Services, cutting an estimated $1.87M.
- 54 institutional investors held Source Capital (SOR) as of Q4 2024, up from 50 in Q3 2024.
- Funds reported $58.9M of Source Capital stock for Q4 2024, up 24% quarter-over-quarter.
- 14 funds opened new Source Capital positions in Q4 2024 and 8 closed out, a net change of +6 holders.
- The largest Source Capital buyer in Q4 2024 was Concurrent Investment Advisors, an estimated $729K added.
- The largest Source Capital seller in Q4 2024 was Shaker Financial Services, an estimated $1.87M sold.
Based on aggregated 13F filings for Q4 2024.