We are live on ! Find out more
SOR

Source Capital

33 hedge funds and large institutions have $88.5M invested in Source Capital in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

8% more capital invested

Capital invested by funds: $81.7M → $88.5M (+$6.78M)

0.23% less ownership

Funds ownership: 24.14%23.91% (-0.23%)

13% less funds holding

Funds holding: 3833 (-5)

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
33
Holders Change
-5
Holders Change %
-13.16%
% of All Funds
0.58%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
2
Increased
16
Reduced
8
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$35.7M +$2.06M +49,020 +6%
BI
2
Bulldog Investors
New Jersey
$9.69M +$1.04M +24,793 +13%
Ameriprise
3
Ameriprise
Minnesota
$6.64M +$97.8K +2,328 +2%
RCM
4
Rivernorth Capital Management
Florida
$5.07M -$3.49M -83,153 -42%
SFS
5
Shaker Financial Services
Virginia
$4.35M +$291K +6,922 +7%
First Trust Advisors
6
First Trust Advisors
Illinois
$3.6M +$124K +2,962 +4%
DADC
7
D.A. Davidson & Co
Montana
$3.32M +$98.6K +2,347 +3%
LGWM
8
Litman Gregory Wealth Management
California
$3.12M +$326K +7,770 +12%
PC
9
Pecaut & Co
Iowa
$2.97M -$103K -2,455 -3%
AIM
10
AMI Investment Management
Indiana
$2.5M +$17K +405 +0.7%
Bank of America
11
Bank of America
North Carolina
$2.1M -$43.7K -1,039 -2%
Wells Fargo
12
Wells Fargo
California
$1.93M -$510K -12,146 -22%
MAA
13
Mraz Amerine & Associates
California
$1.51M -$148K -3,513 -9%
Morgan Stanley
14
Morgan Stanley
New York
$1.4M +$48.7K +1,158 +4%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$904K +$27.5K +655 +3%
PAS
16
Park Avenue Securities
New York
$901K +$29.2K +694 +3%
HighTower Advisors
17
HighTower Advisors
Illinois
$768K +$25.5K +608 +4%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$456K -$147K -3,488 -25%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$429K
Osaic Holdings
20
Osaic Holdings
Arizona
$296K +$30.1K +716 +12%
GC
21
Guggenheim Capital
Illinois
$261K -$1.34K -32 -0.5%
UBS Group
22
UBS Group
Switzerland
$176K -$5K -119 -3%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$176K +$31.2K +742 +23%
First Manhattan
24
First Manhattan
New York
$67K +$54.3K +1,293 +517%
Lazard Asset Management
25
Lazard Asset Management
New York
$53K

SOR Hedge Fund Activity: Q1 2021 in Review

33 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q1 2021, worth a combined $88.5M — up 8.3% from $81.7M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of SOR and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 16 added.

The largest buyer was Saba Capital Management, adding an estimated $2.06M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.49M.

  • 33 institutional investors held Source Capital (SOR) as of Q1 2021, down from 38 in Q4 2020.
  • Funds reported $88.5M of Source Capital stock for Q1 2021, up 8.3% quarter-over-quarter.
  • 2 funds opened new Source Capital positions in Q1 2021 and 7 closed out, a net change of -5 holders.
  • The largest Source Capital buyer in Q1 2021 was Saba Capital Management, an estimated $2.06M added.
  • The largest Source Capital seller in Q1 2021 was Rivernorth Capital Management, an estimated $3.49M sold.

Based on aggregated 13F filings for Q1 2021.