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SOR

Source Capital

40 hedge funds and large institutions have $49.3M invested in Source Capital in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 1

25% more funds holding

Funds holding: 3240 (+8)

7% more capital invested

Capital invested by funds: $45.8M → $49.3M (+$3.42M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.41% less ownership

Funds ownership: 15.65%15.23% (-0.41%)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

Holders
40
Holders Change
+8
Holders Change %
+25%
% of All Funds
0.64%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
10
Reduced
13
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWM
1
Chemistry Wealth Management
New York
$11.5M -$369K -10,056 -3%
SCM
2
Saba Capital Management
New York
$7.71M -$1.3M -35,314 -15%
DADC
3
D.A. Davidson & Co
Montana
$3.86M +$315K +8,581 +9%
First Trust Advisors
4
First Trust Advisors
Illinois
$3.34M -$34.6K -942 -1%
Morgan Stanley
5
Morgan Stanley
New York
$2.46M +$135K +3,682 +6%
GA
6
GraniteShares Advisors
New York
$2.37M +$2.25M +61,211 New
SFS
7
Shaker Financial Services
Virginia
$2.23M -$2.97M -80,903 -58%
Wells Fargo
8
Wells Fargo
California
$2.12M -$269K -7,320 -12%
RJA
9
Raymond James & Associates
Florida
$1.67M +$47.5K +1,296 +3%
PC
10
Pecaut & Co
Iowa
$1.53M -$96.7K -2,636 -6%
Bank of America
11
Bank of America
North Carolina
$1.11M -$24.9K -678 -2%
AIM
12
Anchor Investment Management
South Carolina
$1.08M +$20.7K +565 +2%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$1.01M +$8.4K +229 +0.9%
HWAM
14
Hennion & Walsh Asset Management
New Jersey
$932K -$30.6K -833 -3%
PAS
15
Park Avenue Securities
New York
$918K -$8.55K -233 -1%
MAA
16
Mraz Amerine & Associates
California
$809K -$17.2K -470 -2%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$638K +$6.16K +168 +1%
NFG
18
Nations Financial Group
Iowa
$505K
CICI
19
Capital Investment Counsel Inc
North Carolina
$469K
RJFSA
20
Raymond James Financial Services Advisors
Florida
$462K -$70.4K -1,918 -14%
US Bancorp
21
US Bancorp
Minnesota
$286K
Osaic Holdings
22
Osaic Holdings
Arizona
$280K +$6.16K +168 +2%
LPL Financial
23
LPL Financial
California
$255K +$242K +6,601 New
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$236K +$257 +7 +0.1%
EW
25
Evoke Wealth
California
$211K +$200K +5,450 New

SOR Hedge Fund Activity: Q4 2022 in Review

40 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q4 2022, worth a combined $49.3M — up 7.5% from $45.8M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SOR positions and 1 closed out — a net gain of 9 holders — while 10 added to existing stakes and 13 trimmed.

The largest buyer was GraniteShares Advisors, opening a new position worth an estimated $2.25M. The largest seller was Shaker Financial Services, cutting an estimated $2.97M.

  • 40 institutional investors held Source Capital (SOR) as of Q4 2022, up from 32 in Q3 2022.
  • Funds reported $49.3M of Source Capital stock for Q4 2022, up 7.5% quarter-over-quarter.
  • 10 funds opened new Source Capital positions in Q4 2022 and 1 closed out, a net change of +9 holders.
  • The largest Source Capital buyer in Q4 2022 was GraniteShares Advisors, an estimated $2.25M added.
  • The largest Source Capital seller in Q4 2022 was Shaker Financial Services, an estimated $2.97M sold.

Based on aggregated 13F filings for Q4 2022.