Service Corp International
370 hedge funds and large institutions have $5.53B invested in Service Corp International in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 121 increasing their positions, 143 reducing their positions, and 45 closing their positions.
1.36% less ownership
Funds ownership: 86.21% → 84.85% (-1.4%)
3% less funds holding
Funds holding: 383 → 370 (-13)
8% less capital invested
Capital invested by funds: $6.02B → $5.53B (-$492M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
15% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 143
17% less call options, than puts
Call options by funds: $9.64M | Put options by funds: $11.6M
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$123M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$41.2M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$19.1M |
| 4 |
BlackRock
New York
|
+$18.5M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$134M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
-$78.5M |
| 3 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$62.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$28.3M |
SCI Hedge Fund Activity: Q2 2018 in Review
370 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q2 2018, worth a combined $5.53B — down 8.2% from $6.02B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of SCI and 34 opened new positions — a net loss of 11 holders — while 143 trimmed existing stakes and 121 added.
The largest buyer was Fidelity International, adding an estimated $123M. The largest seller was Fidelity Investments, cutting an estimated $134M.
- 370 institutional investors held Service Corp International (SCI) as of Q2 2018, down from 383 in Q1 2018.
- Funds reported $5.53B of Service Corp International stock for Q2 2018, down 8.2% quarter-over-quarter.
- 34 funds opened new Service Corp International positions in Q2 2018 and 45 closed out, a net change of -11 holders.
- The largest Service Corp International buyer in Q2 2018 was Fidelity International, an estimated $123M added.
- The largest Service Corp International seller in Q2 2018 was Fidelity Investments, an estimated $134M sold.
Based on aggregated 13F filings for Q2 2018.