Source Capital
SOR
51 hedge funds and large institutions have $46.3M invested in Source Capital in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 6 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 52 → 51 (-1)
15% less capital invested
Capital invested by funds: $54.4M → $46.3M (-$8.15M)
27.02% less ownership
Funds ownership: 44.39% → 17.37% (-27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$869K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$824K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$790K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$740K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Intersect Capital
San Ramon,
California
|
-$2.4M |
| 2 |
Cohen & Steers
New York
|
-$571K |
| 3 |
PAS
Park Avenue Securities
New York
|
-$233K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$64.9K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$63.5K |
SOR Hedge Fund Activity: Q2 2019 in Review
51 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2019, worth a combined $46.3M — down 15% from $54.4M a quarter earlier.
Fund positioning in SOR was balanced in Q2 2019: 6 funds opened new positions, 6 closed out, 21 added to existing stakes and 10 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $869K. The largest seller was Intersect Capital, exiting entirely with an estimated $2.4M sold.
- 51 institutional investors held Source Capital (SOR) as of Q2 2019, down from 52 in Q1 2019.
- Funds reported $46.3M of Source Capital stock for Q2 2019, down 15% quarter-over-quarter.
- 6 funds opened new Source Capital positions in Q2 2019 and 6 closed out, a net change of 0 holders.
- The largest Source Capital buyer in Q2 2019 was Curi RMB Capital, an estimated $869K added.
- The largest Source Capital seller in Q2 2019 was Intersect Capital, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2019.