Service Corp International
245 hedge funds and large institutions have $3.52B invested in Service Corp International in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 64 increasing their positions, 112 reducing their positions, and 37 closing their positions.
5,100% more call options, than puts
Call options by funds: $312K | Put options by funds: $6K
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
11% more capital invested
Capital invested by funds: $3.16B → $3.52B (+$359M)
1.12% more ownership
Funds ownership: 82.43% → 83.56% (+1.1%)
1% less funds holding
Funds holding: 247 → 245 (-2)
3% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 37
43% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$172M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.8M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$31.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.8M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$58.8M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$30.3M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$30.1M |
| 4 |
JP Morgan Chase
New York
|
-$24.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$23.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$67K | -3,700 | Closed |
|
|
CCM
277
Catapult Capital Management
New York
| – | -$60K | -3,300 | Closed |
|
|
OSAM
278
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$9K | -493 | Closed |
|
|
CCM
279
Chilton Capital Management
Houston,
Texas
| – | -$2.21K | -122 | Closed |
|
|
CAM
280
ClariVest Asset Management
San Diego,
California
| – | -$2K | -106 | Closed |
|
|
WA
281
WFG Advisors
Dallas,
Texas
| – | -$2K | -99 | Closed |
|
|
FHA
282
First Horizon Advisors
Memphis,
Tennessee
| – | +$276 | +15 | New |
|
SCI Hedge Fund Activity: Q1 2014 in Review
245 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q1 2014, worth a combined $3.52B — up 11% from $3.16B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SCI and 36 opened new positions — a net loss of 1 holder — while 112 trimmed existing stakes and 64 added.
The largest buyer was EdgePoint Investment Group, opening a new position worth an estimated $172M. The largest seller was Principal Financial Group, cutting an estimated $58.8M.
- 245 institutional investors held Service Corp International (SCI) as of Q1 2014, down from 247 in Q4 2013.
- Funds reported $3.52B of Service Corp International stock for Q1 2014, up 11% quarter-over-quarter.
- 36 funds opened new Service Corp International positions in Q1 2014 and 37 closed out, a net change of -1 holder.
- The largest Service Corp International buyer in Q1 2014 was EdgePoint Investment Group, an estimated $172M added.
- The largest Service Corp International seller in Q1 2014 was Principal Financial Group, an estimated $58.8M sold.
Based on aggregated 13F filings for Q1 2014.