Service Corp International
SCI
509 hedge funds and large institutions have $8.8B invested in Service Corp International in 2024 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 173 increasing their positions, 173 reducing their positions, and 42 closing their positions.
104% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $7.64M
57% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 42
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more funds holding
Funds holding: 491 → 509 (+18)
0.16% more ownership
Funds ownership: 84.42% → 84.58% (+0.16%)
0% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 173
4% less capital invested
Capital invested by funds: $9.15B → $8.8B (-$344M)
Top Buyers
| 1 |
Swedbank
Stockholm,
Sweden
|
+$202M |
| 2 |
Select Equity Group
New York
|
+$179M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$58.8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$41.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$28M |
Top Sellers
| 1 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$148M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$129M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$42.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$35.6M |
| 5 |
BlackRock
New York
|
-$33.9M |
SCI Hedge Fund Activity: Q2 2024 in Review
509 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q2 2024, worth a combined $8.8B — down 3.8% from $9.15B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new SCI positions and 42 closed out — a net gain of 24 holders — while 173 added to existing stakes and 173 trimmed.
The largest buyer was Swedbank, opening a new position worth an estimated $202M. The largest seller was Sarasin & Partners, exiting entirely with an estimated $148M sold.
- 509 institutional investors held Service Corp International (SCI) as of Q2 2024, up from 491 in Q1 2024.
- Funds reported $8.8B of Service Corp International stock for Q2 2024, down 3.8% quarter-over-quarter.
- 66 funds opened new Service Corp International positions in Q2 2024 and 42 closed out, a net change of +24 holders.
- The largest Service Corp International buyer in Q2 2024 was Swedbank, an estimated $202M added.
- The largest Service Corp International seller in Q2 2024 was Sarasin & Partners, an estimated $148M sold.
Based on aggregated 13F filings for Q2 2024.