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SOR

Source Capital

46 hedge funds and large institutions have $20.9M invested in Source Capital in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more capital invested

Capital invested by funds: $14.8M → $20.9M (+$6.06M)

10% more funds holding

Funds holding: 4246 (+4)

1.93% more ownership

Funds ownership: 4.65%6.57% (+1.9%)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

Holders
46
Holders Change
+4
Holders Change %
+9.52%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
13
Reduced
13
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SFS
1
Shaker Financial Services
Virginia
$2.38M +$2.39M +64,838 New
MAA
2
Mraz Amerine & Associates
California
$2.16M +$219K +5,950 +11%
PC
3
Pecaut & Co
Iowa
$1.93M -$147K -3,990 -7%
Cohen & Steers
4
Cohen & Steers
New York
$1.84M +$706K +19,175 +62%
Citigroup
5
Citigroup
New York
$1.21M +$1.13M +30,753 +1,347%
First Trust Advisors
6
First Trust Advisors
Illinois
$1.03M +$267K +7,250 +35%
CRC
7
Curi RMB Capital
Illinois
$943K +$945K +25,674 New
Bank of America
8
Bank of America
North Carolina
$938K -$59.1K -1,606 -6%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$829K +$500K +13,581 +151%
Morgan Stanley
10
Morgan Stanley
New York
$744K -$20.2K -550 -3%
LCM
11
Landscape Capital Management
New Jersey
$630K +$631K +17,150 New
Invesco
12
Invesco
Georgia
$572K +$8.72K +237 +2%
Wells Fargo
13
Wells Fargo
California
$542K -$69.2K -1,881 -11%
DADC
14
D.A. Davidson & Co
Montana
$500K +$133K +3,603 +36%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$470K -$3.68K -100 -0.8%
LPL Financial
16
LPL Financial
California
$416K -$21.2K -577 -5%
AIM
17
AMI Investment Management
Indiana
$416K +$8.28K +225 +2%
GC
18
Guggenheim Capital
Illinois
$412K -$8.72K -237 -2%
SWP
19
Stratos Wealth Partners
Ohio
$363K -$81.4K -2,211 -18%
UBS Group
20
UBS Group
Switzerland
$363K +$44.8K +1,217 +14%
CCM
21
Cohen Capital Management
California
$352K
RJA
22
Raymond James & Associates
Florida
$330K -$176K -4,790 -35%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$311K +$4.67K +127 +2%
HFS
24
HL Financial Services
Kentucky
$239K
LI
25
Lafayette Investments
Maryland
$231K +$2.58K +70 +1%

SOR Hedge Fund Activity: Q3 2016 in Review

46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q3 2016, worth a combined $20.9M — up 41% from $14.8M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new SOR positions and 0 closed out — a net gain of 4 holders — while 13 added to existing stakes and 13 trimmed.

The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.39M. The largest seller was Tower Research Capital (TRC), cutting an estimated $261K.

  • 46 institutional investors held Source Capital (SOR) as of Q3 2016, up from 42 in Q2 2016.
  • Funds reported $20.9M of Source Capital stock for Q3 2016, up 41% quarter-over-quarter.
  • 4 funds opened new Source Capital positions in Q3 2016 and 0 closed out, a net change of +4 holders.
  • The largest Source Capital buyer in Q3 2016 was Shaker Financial Services, an estimated $2.39M added.
  • The largest Source Capital seller in Q3 2016 was Tower Research Capital (TRC), an estimated $261K sold.

Based on aggregated 13F filings for Q3 2016.