Source Capital
SOR
43 hedge funds and large institutions have $44M invested in Source Capital in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
8% more funds holding
Funds holding: 40 → 43 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
1.33% less ownership
Funds ownership: 15.23% → 13.9% (-1.3%)
11% less capital invested
Capital invested by funds: $49.3M → $44M (-$5.29M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.72M |
| 2 |
Walleye Capital
New York
|
+$385K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$276K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$268K |
| 5 |
QL
Quarry LP
New York
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.07M |
| 2 |
GA
GraniteShares Advisors
New York
|
-$2.37M |
| 3 |
CWM
Chemistry Wealth Management
New York
|
-$2.06M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$698K |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
-$211K |
SOR Hedge Fund Activity: Q1 2023 in Review
43 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q1 2023, worth a combined $44M — down 11% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SOR positions and 4 closed out — a net gain of 4 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.72M. The largest seller was Saba Capital Management, cutting an estimated $4.07M.
- 43 institutional investors held Source Capital (SOR) as of Q1 2023, up from 40 in Q4 2022.
- Funds reported $44M of Source Capital stock for Q1 2023, down 11% quarter-over-quarter.
- 8 funds opened new Source Capital positions in Q1 2023 and 4 closed out, a net change of +4 holders.
- The largest Source Capital buyer in Q1 2023 was Shaker Financial Services, an estimated $3.72M added.
- The largest Source Capital seller in Q1 2023 was Saba Capital Management, an estimated $4.07M sold.
Based on aggregated 13F filings for Q1 2023.