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SOR

Source Capital

49 hedge funds and large institutions have $44.7M invested in Source Capital in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

9% more funds holding

Funds holding: 4549 (+4)

2% more capital invested

Capital invested by funds: $43.7M → $44.7M (+$1M)

0.09% less ownership

Funds ownership: 12.42%12.32% (-0.09%)

38% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 21

Holders
49
Holders Change
+4
Holders Change %
+8.89%
% of All Funds
0.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
8
Increased
13
Reduced
21
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DADC
1
D.A. Davidson & Co
Montana
$6.13M +$490K +11,518 +9%
Morgan Stanley
2
Morgan Stanley
New York
$3.83M +$17.8K +418 +0.5%
HC
3
Hara Capital
Washington
$3.79M -$63.8K -1,500 -2%
CWM
4
Chemistry Wealth Management
New York
$3.49M -$971K -22,847 -22%
MFIM
5
Mesirow Financial Investment Management
Illinois
$3.36M +$27.2K +640 +0.9%
Wells Fargo
6
Wells Fargo
California
$3.05M -$39.9K -938 -1%
First Trust Advisors
7
First Trust Advisors
Illinois
$2.84M +$99.5K +2,341 +4%
RJA
8
Raymond James & Associates
Florida
$2.11M -$122K -2,859 -6%
Bank of America
9
Bank of America
North Carolina
$1.51M -$16.6K -390 -1%
AIM
10
Anchor Investment Management
South Carolina
$1.23M +$8.63K +203 +0.7%
US Bancorp
11
US Bancorp
Minnesota
$1.1M
PC
12
Pecaut & Co
Iowa
$1.01M -$893 -21 -0.1%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$855K -$25K -588 -3%
PAS
14
Park Avenue Securities
New York
$752K -$25.6K -601 -3%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$737K +$457K +10,755 +182%
Invesco
16
Invesco
Georgia
$709K +$247K +5,817 +57%
Thrivent Financial for Lutherans
17
Thrivent Financial for Lutherans
Minnesota
$704K +$9.74K +229 +1%
BWFA
18
Baltimore-Washington Financial Advisors
Maryland
$662K +$636K +14,955 New
UBS Group
19
UBS Group
Switzerland
$597K -$38.8K -913 -6%
SA
20
Sanctuary Advisors
Indiana
$583K +$598K +14,071 New
CICI
21
Capital Investment Counsel Inc
North Carolina
$443K -$21.3K -500 -5%
LPL Financial
22
LPL Financial
California
$422K +$58.5K +1,377 +17%
LSAG
23
Lake Street Advisors Group
New Hampshire
$417K +$400K +9,420 New
NFG
24
Nations Financial Group
Iowa
$402K -$45.3K -1,066 -11%
PAG
25
Private Advisor Group
New Jersey
$398K -$34.5K -812 -8%

SOR Hedge Fund Activity: Q2 2024 in Review

49 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Source Capital (SOR) for Q2 2024, worth a combined $44.7M — up 2.3% from $43.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new SOR positions and 4 closed out — a net gain of 4 holders — while 13 added to existing stakes and 21 trimmed.

The largest buyer was Baltimore-Washington Financial Advisors, opening a new position worth an estimated $636K. The largest seller was Shaker Financial Services, cutting an estimated $1.2M.

  • 49 institutional investors held Source Capital (SOR) as of Q2 2024, up from 45 in Q1 2024.
  • Funds reported $44.7M of Source Capital stock for Q2 2024, up 2.3% quarter-over-quarter.
  • 8 funds opened new Source Capital positions in Q2 2024 and 4 closed out, a net change of +4 holders.
  • The largest Source Capital buyer in Q2 2024 was Baltimore-Washington Financial Advisors, an estimated $636K added.
  • The largest Source Capital seller in Q2 2024 was Shaker Financial Services, an estimated $1.2M sold.

Based on aggregated 13F filings for Q2 2024.