Source Capital
SOR
45 hedge funds and large institutions have $43.7M invested in Source Capital in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 44 → 45 (+1)
1.55% less ownership
Funds ownership: 13.96% → 12.42% (-1.5%)
6% less capital invested
Capital invested by funds: $46.7M → $43.7M (-$3M)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$571K |
| 2 |
HC
Hara Capital
Bellevue,
Washington
|
+$524K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$400K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$303K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.54M |
| 2 |
CWM
Chemistry Wealth Management
New York
|
-$1.2M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$664K |
| 4 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
-$604K |
| 5 |
PC
Pecaut & Co
Sioux City,
Iowa
|
-$433K |
SOR Hedge Fund Activity: Q1 2024 in Review
45 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q1 2024, worth a combined $43.7M — down 6.4% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SOR positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 18 trimmed.
The largest buyer was UBS Group, adding an estimated $571K. The largest seller was Morgan Stanley, cutting an estimated $3.54M.
- 45 institutional investors held Source Capital (SOR) as of Q1 2024, up from 44 in Q4 2023.
- Funds reported $43.7M of Source Capital stock for Q1 2024, down 6.4% quarter-over-quarter.
- 6 funds opened new Source Capital positions in Q1 2024 and 5 closed out, a net change of +1 holder.
- The largest Source Capital buyer in Q1 2024 was UBS Group, an estimated $571K added.
- The largest Source Capital seller in Q1 2024 was Morgan Stanley, an estimated $3.54M sold.
Based on aggregated 13F filings for Q1 2024.