Service Corp International
482 hedge funds and large institutions have $8.49B invested in Service Corp International in 2023 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 139 increasing their positions, 170 reducing their positions, and 58 closing their positions.
12% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 58
10% more call options, than puts
Call options by funds: $7.51M | Put options by funds: $6.81M
0% more funds holding
Funds holding: 481 → 482 (+1)
2.22% less ownership
Funds ownership: 88.72% → 86.5% (-2.2%)
9% less capital invested
Capital invested by funds: $9.32B → $8.49B (-$828M)
18% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 170
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$70.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$63.2M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$54.8M |
| 4 |
VDI
Vaughan David Investments
Peoria,
Illinois
|
+$29.3M |
| 5 |
ClearBridge Investments
New York
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$207M |
| 2 |
Select Equity Group
New York
|
-$137M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$51.9M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$29.4M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$22.9M |
SCI Hedge Fund Activity: Q2 2023 in Review
482 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q2 2023, worth a combined $8.49B — down 8.9% from $9.32B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new SCI positions and 58 closed out — a net gain of 7 holders — while 139 added to existing stakes and 170 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $70.7M. The largest seller was Sarasin & Partners, cutting an estimated $207M.
- 482 institutional investors held Service Corp International (SCI) as of Q2 2023, up from 481 in Q1 2023.
- Funds reported $8.49B of Service Corp International stock for Q2 2023, down 8.9% quarter-over-quarter.
- 65 funds opened new Service Corp International positions in Q2 2023 and 58 closed out, a net change of +7 holders.
- The largest Service Corp International buyer in Q2 2023 was Capital International Investors, an estimated $70.7M added.
- The largest Service Corp International seller in Q2 2023 was Sarasin & Partners, an estimated $207M sold.
Based on aggregated 13F filings for Q2 2023.