Source Capital
SOR
37 hedge funds and large institutions have $39.6M invested in Source Capital in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 9 closing their positions.
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
1.41% less ownership
Funds ownership: 13.9% → 12.49% (-1.4%)
10% less capital invested
Capital invested by funds: $44M → $39.6M (-$4.33M)
14% less funds holding
Funds holding: 43 → 37 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$652K |
| 2 |
Morgan Stanley
New York
|
+$491K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$410K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$396K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Chemistry Wealth Management
New York
|
-$1.82M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.7M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.64M |
| 4 |
Walleye Capital
New York
|
-$383K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$266K |
SOR Hedge Fund Activity: Q2 2023 in Review
37 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2023, worth a combined $39.6M — down 9.9% from $44M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SOR and 3 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was US Bancorp, adding an estimated $652K. The largest seller was Chemistry Wealth Management, cutting an estimated $1.82M.
- 37 institutional investors held Source Capital (SOR) as of Q2 2023, down from 43 in Q1 2023.
- Funds reported $39.6M of Source Capital stock for Q2 2023, down 9.9% quarter-over-quarter.
- 3 funds opened new Source Capital positions in Q2 2023 and 9 closed out, a net change of -6 holders.
- The largest Source Capital buyer in Q2 2023 was US Bancorp, an estimated $652K added.
- The largest Source Capital seller in Q2 2023 was Chemistry Wealth Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q2 2023.