Source Capital
SOR
48 hedge funds and large institutions have $27.6M invested in Source Capital in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more capital invested
Capital invested by funds: $26.2M → $27.6M (+$1.33M)
0.22% more ownership
Funds ownership: 4.91% → 5.13% (+0.22%)
0% more funds holding
Funds holding: 48 → 48 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$868K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$482K |
| 3 |
Morgan Stanley
New York
|
+$394K |
| 4 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
+$215K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$548K |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$270K |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$224K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$133K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$85.1K |
SOR Hedge Fund Activity: Q3 2013 in Review
48 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q3 2013, worth a combined $27.6M — up 5.1% from $26.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SOR positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $868K. The largest seller was SG Americas Securities, cutting an estimated $548K.
- 48 institutional investors held Source Capital (SOR) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $27.6M of Source Capital stock for Q3 2013, up 5.1% quarter-over-quarter.
- 6 funds opened new Source Capital positions in Q3 2013 and 4 closed out, a net change of +2 holders.
- The largest Source Capital buyer in Q3 2013 was Shaker Financial Services, an estimated $868K added.
- The largest Source Capital seller in Q3 2013 was SG Americas Securities, an estimated $548K sold.
Based on aggregated 13F filings for Q3 2013.