Service Corp International
471 hedge funds and large institutions have $9.01B invested in Service Corp International in 2023 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 118 increasing their positions, 184 reducing their positions, and 56 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 56
21% more capital invested
Capital invested by funds: $7.48B → $9.01B (+$1.54B)
2% more funds holding
Funds holding: 461 → 471 (+10)
1.32% more ownership
Funds ownership: 86.73% → 88.05% (+1.3%)
33% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $15.2M
36% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$215M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$51.4M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$20.1M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$34.3M |
| 2 |
Millennium Management
New York
|
-$29.4M |
| 3 |
BlackRock
New York
|
-$24.4M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$24.1M |
| 5 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$22.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
526
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$286 | -5 | Closed |
|
|
PTC
527
Private Trust Company
Cleveland,
Ohio
| – | -$229 | -4 | Closed |
|
|
VAG
528
VisionPoint Advisory Group
Dallas,
Texas
| – | -$171 | -3 | Closed |
|
SCI Hedge Fund Activity: Q4 2023 in Review
471 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q4 2023, worth a combined $9.01B — up 21% from $7.48B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new SCI positions and 56 closed out — a net gain of 18 holders — while 118 added to existing stakes and 184 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $215M. The largest seller was Baillie Gifford & Co, cutting an estimated $34.3M.
- 471 institutional investors held Service Corp International (SCI) as of Q4 2023, up from 461 in Q3 2023.
- Funds reported $9.01B of Service Corp International stock for Q4 2023, up 21% quarter-over-quarter.
- 74 funds opened new Service Corp International positions in Q4 2023 and 56 closed out, a net change of +18 holders.
- The largest Service Corp International buyer in Q4 2023 was Morgan Stanley, an estimated $215M added.
- The largest Service Corp International seller in Q4 2023 was Baillie Gifford & Co, an estimated $34.3M sold.
Based on aggregated 13F filings for Q4 2023.