Source Capital
SOR
45 hedge funds and large institutions have $53.5M invested in Source Capital in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 14 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.75% less ownership
Funds ownership: 16.48% → 15.73% (-0.75%)
9% less capital invested
Capital invested by funds: $58.9M → $53.5M (-$5.38M)
17% less funds holding
Funds holding: 54 → 45 (-9)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAS
NWF Advisory Services
Los Angeles,
California
|
+$967K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$840K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$595K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$361K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$731K |
| 2 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
-$712K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$637K |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$626K |
| 5 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$357K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
51
Silvercrest Asset Management
New York
| – | -$339K | -7,803 | Closed |
|
|
GC
52
Guggenheim Capital
Chicago,
Illinois
| – | -$314K | -7,217 | Closed |
|
|
CSP
53
Cary Street Partners
Richmond,
Virginia
| – | -$242K | -5,556 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$30.4K | -700 | Closed |
|
|
CTA
55
Colonial Trust Advisors
Spartanburg,
South Carolina
| – | -$13K | -300 | Closed |
|
|
EC
56
Elequin Capital
New York
| – | -$9.79K | -225 | Closed |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| – | -$8.7K | -200 | Closed |
|
|
VWM
58
Venturi Wealth Management
Austin,
Texas
| – | -$3.26K | -75 | Closed |
|
|
OPTFSNA
59
Old Point Trust & Financial Services N A
Newport News,
Virginia
| – | -$1.78K | -41 | Closed |
|
SOR Hedge Fund Activity: Q1 2025 in Review
45 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q1 2025, worth a combined $53.5M — down 9.1% from $58.9M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SOR and 6 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was NWF Advisory Services, opening a new position worth an estimated $967K. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $731K sold.
- 45 institutional investors held Source Capital (SOR) as of Q1 2025, down from 54 in Q4 2024.
- Funds reported $53.5M of Source Capital stock for Q1 2025, down 9.1% quarter-over-quarter.
- 6 funds opened new Source Capital positions in Q1 2025 and 14 closed out, a net change of -8 holders.
- The largest Source Capital buyer in Q1 2025 was NWF Advisory Services, an estimated $967K added.
- The largest Source Capital seller in Q1 2025 was Thrivent Financial for Lutherans, an estimated $731K sold.
Based on aggregated 13F filings for Q1 2025.