Source Capital (SOR) : Fiduciary Counselling Inc has sold out all of its stake in Source Capital during the most recent quarter, according to the disclosure filed by the company on May 13, 2016 with the SEC. The investment management company has sold out 4,421 shares of Source Capital which is valued at $161,013.
Other Hedge Funds, Including , D.a. Davidson boosted its stake in SOR in the latest quarter, The investment management firm added 109 additional shares and now holds a total of 9,735 shares of Source Capital which is valued at $354,549. Source Capital makes up approx 0.01% of D.a. Davidson’s portfolio.Signaturefd reduced its stake in SOR by selling 1,600 shares or 45.71% in the most recent quarter. The Hedge Fund company now holds 1,900 shares of SOR which is valued at $69,198. Source Capital makes up approx 0.01% of Signaturefd’s portfolio. Tfs Capital added SOR to its portfolio by purchasing 6,720 company shares during the most recent quarter which is valued at $244,742. Source Capital makes up approx 0.04% of Tfs Capital’s portfolio. Financial Architects Inc added SOR to its portfolio by purchasing 420 company shares during the most recent quarter which is valued at $15,296. Source Capital makes up approx 0.01% of Financial Architects Inc’s portfolio.
Source Capital opened for trading at $36.78 and hit $37.19 on the upside on Wednesday, eventually ending the session at $37.1, with a gain of 1.09% or 0.4 points. The heightened volatility saw the trading volume jump to 19,323 shares. Company has a market cap of $321 M.
Source Capital Inc. (the Company) is a diversified closed-end management investment company. The investment objective of the Company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital. Its investment portfolio includes a range of securities with primary emphasis on common stock. The Company’s investment approach emphasizes primarily equity investments. Its portfolio also includes common stocks non-convertible bonds and debentures and short-term investments. The Company invests in various industries including retailing producer durable goods business services and supplies transportation healthcare energy and technology. The Company’s investment adviser is First Pacific Advisors LLC.