Service Corp International
SCI
491 hedge funds and large institutions have $9.15B invested in Service Corp International in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 158 increasing their positions, 168 reducing their positions, and 44 closing their positions.
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
34% more call options, than puts
Call options by funds: $11M | Put options by funds: $8.21M
4% more funds holding
Funds holding: 471 → 491 (+20)
1% more capital invested
Capital invested by funds: $9.01B → $9.15B (+$133M)
6% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 168
3.62% less ownership
Funds ownership: 88.05% → 84.42% (-3.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| 1 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
+$52.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$52M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$42.8M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$25M |
| 5 |
Neuberger Berman Group
New York
|
+$22M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$246M |
| 2 |
Swedbank
Stockholm,
Sweden
|
-$217M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$56.2M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$53.2M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$40.5M |
SCI Hedge Fund Activity: Q1 2024 in Review
491 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q1 2024, worth a combined $9.15B — up 1.5% from $9.01B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SCI positions and 44 closed out — a net gain of 24 holders — while 158 added to existing stakes and 168 trimmed.
The largest buyer was C WorldWide Group, adding an estimated $52.2M. The largest seller was Morgan Stanley, cutting an estimated $246M.
- 491 institutional investors held Service Corp International (SCI) as of Q1 2024, up from 471 in Q4 2023.
- Funds reported $9.15B of Service Corp International stock for Q1 2024, up 1.5% quarter-over-quarter.
- 68 funds opened new Service Corp International positions in Q1 2024 and 44 closed out, a net change of +24 holders.
- The largest Service Corp International buyer in Q1 2024 was C WorldWide Group, an estimated $52.2M added.
- The largest Service Corp International seller in Q1 2024 was Morgan Stanley, an estimated $246M sold.
Based on aggregated 13F filings for Q1 2024.