Source Capital
SOR
48 hedge funds and large institutions have $61.4M invested in Source Capital in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more funds holding
Funds holding: 40 → 48 (+8)
16% more capital invested
Capital invested by funds: $52.7M → $61.4M (+$8.66M)
1.59% more ownership
Funds ownership: 20.26% → 21.85% (+1.6%)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.26M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.11M |
| 3 |
PAS
Park Avenue Securities
New York
|
+$542K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$510K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$984K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$649K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$463K |
| 4 |
PC
Pecaut & Co
Sioux City,
Iowa
|
-$399K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$219K |
SOR Hedge Fund Activity: Q2 2020 in Review
48 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2020, worth a combined $61.4M — up 16% from $52.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SOR positions and 1 closed out — a net gain of 8 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.26M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $984K.
- 48 institutional investors held Source Capital (SOR) as of Q2 2020, up from 40 in Q1 2020.
- Funds reported $61.4M of Source Capital stock for Q2 2020, up 16% quarter-over-quarter.
- 9 funds opened new Source Capital positions in Q2 2020 and 1 closed out, a net change of +8 holders.
- The largest Source Capital buyer in Q2 2020 was Rivernorth Capital Management, an estimated $2.26M added.
- The largest Source Capital seller in Q2 2020 was Thomas J. Herzfeld Advisors, an estimated $984K sold.
Based on aggregated 13F filings for Q2 2020.