SOURCE CAP INC
COM · CUSIP 836144105
38
institutional holders
-6 vs Q1 2023
1.0m
shares reported held*
$39.6mreported value*
2 new
14 added
15 reduced
9 sold out
net sold ≈ $5.0m (-129.7k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $38.32.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 33 |
| Q4 2022 | 40 |
| Q1 2023 | 44 |
| Q2 2023 | 38 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 18 | 14 |
| Q1 2023 | 22 | 18 |
| Q2 2023 | 16 | 24 |
Biggest buyers
| US BANCORP \DE\ | Added | +17.4k |
| MORGAN STANLEY | Added | +13.1k |
| CSS LLC/IL | New | +11.0k |
| AQR Arbitrage LLC | New | +10.6k |
| BANK OF AMERICA CORP /DE/ | Added | +4.9k |
| WELLS FARGO & COMPANY/MN | Added | +2.5k |
| D.A. DAVIDSON & CO. | Added | +1.9k |
| Elequin Capital, LP | Added | +1.9k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +1.3k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC | Added | +1.1k |
Biggest sellers
| Chemistry Wealth Management LLC | Reduced | -48.7k |
| Saba Capital Management, L.P. | Reduced | -45.5k |
| Shaker Financial Services, LLC | Reduced | -43.7k |
| Walleye Capital LLC | Sold out | -10.1k |
| CLOUGH CAPITAL PARTNERS L P | Sold out | -7.1k |
| Quarry LP | Sold out | -7.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -6.8k |
| FIRST TRUST ADVISORS LP | Reduced | -4.2k |
| Steward Partners Investment Advisory, LLC | Reduced | -3.8k |
| UBS Group AG | Reduced | -2.7k |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Chemistry Wealth Management LLC 2.44% of their portfolio | 195.8k $7.5m | Reduced -48.7k |
| Shaker Financial Services, LLC 1.87% of their portfolio | 111.6k $4.3m | Reduced -43.7k |
| D.A. DAVIDSON & CO. 0.04% of their portfolio | 108.8k $4.2m | Added +1.9k |
| MORGAN STANLEY 0.00% of their portfolio | 71.3k $2.7m | Added +13.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 63.9k $2.4m | Reduced -4.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 63.7k $2.4m | Added +2.5k |
| Saba Capital Management, L.P. 0.06% of their portfolio | 47.1k $1.8m | Reduced -45.5k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 44.6k $1.7m | Added +783 |
| PECAUT & CO. 0.59% of their portfolio | 36.2k $1.4m | Reduced -2.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 33.8k $1.3m | Added +4.9k |
| Anchor Investment Management, LLC 0.14% of their portfolio | 27.9k $1.1m | Reduced -221 |
| US BANCORP \DE\ 0.00% of their portfolio | 24.8k $950.3k | Added +17.4k |
| Hennion & Walsh Asset Management, Inc. 0.05% of their portfolio | 23.9k $917.0k | Added +44 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 22.2k $848.9k | Reduced -1.6k |
| PARK AVENUE SECURITIES LLC 0.01% of their portfolio | 19.5k $749.0k | Reduced -1.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 17.8k $684.0k | Added +1.3k |
| Mraz, Amerine & Associates, Inc. 0.15% of their portfolio | 16.6k $637.7k | Reduced -2.5k |
| Capital Investment Counsel, Inc 0.09% of their portfolio | 12.1k $464.6k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 11.5k $439.4k | Reduced -856 |
| LPL Financial LLC 0.00% of their portfolio | 11.3k $431.3k | Added +100 |
| CSS LLC/IL 0.03% of their portfolio | 11.0k $419.9k | New |
| AQR Arbitrage LLC 0.02% of their portfolio | 10.6k $405.2k | New |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio | 10.5k $403.7k | Reduced -2.5k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.08% of their portfolio | 8.0k $305.3k | Added +443 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 6.8k $260.0k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 5.9k $227.0k | Reduced -192 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.3k $203.6k | Reduced -1.3k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio | 3.8k $143.7k | Added +1.1k |
| Elequin Capital, LP 0.05% of their portfolio | 2.4k $91.3k | Added +1.9k |
| Colonial Trust Co / SC 0.02% of their portfolio | 2.2k $85.9k | Added +33 |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 1.1k $41.0k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 777 $29.8k | Added +3 |
| Glass Jacobson Investment Advisors llc 0.01% of their portfolio | 486 $18.6k | First filing |
| UBS Group AG 0.00% of their portfolio | 401 $15.4k | Reduced -2.7k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 375 $14.4k | Reduced -3.8k |
| Spire Wealth Management 0.00% of their portfolio | 200 $7.7k | Unchanged |
| Carmel Capital Partners, LLC 0.00% of their portfolio | 100 $3.8k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |