Service Corp International
334 hedge funds and large institutions have $5.5B invested in Service Corp International in 2017 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 117 increasing their positions, 120 reducing their positions, and 20 closing their positions.
1,398% more call options, than puts
Call options by funds: $4.5M | Put options by funds: $300K
130% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 20
8% more funds holding
Funds holding: 310 → 334 (+24)
3% more capital invested
Capital invested by funds: $5.35B → $5.5B (+$149M)
0.04% more ownership
Funds ownership: 85.16% → 85.2% (+0.04%)
3% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 120
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$190M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$32.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$27.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$134M |
| 2 |
IIM
Ivory Investment Management
New York
|
-$39.7M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$38.8M |
| 4 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$32.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.1M |
SCI Hedge Fund Activity: Q3 2017 in Review
334 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q3 2017, worth a combined $5.5B — up 2.8% from $5.35B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SCI positions and 20 closed out — a net gain of 26 holders — while 117 added to existing stakes and 120 trimmed.
The largest buyer was Select Equity Group, adding an estimated $190M. The largest seller was EdgePoint Investment Group, cutting an estimated $134M.
- 334 institutional investors held Service Corp International (SCI) as of Q3 2017, up from 310 in Q2 2017.
- Funds reported $5.5B of Service Corp International stock for Q3 2017, up 2.8% quarter-over-quarter.
- 46 funds opened new Service Corp International positions in Q3 2017 and 20 closed out, a net change of +26 holders.
- The largest Service Corp International buyer in Q3 2017 was Select Equity Group, an estimated $190M added.
- The largest Service Corp International seller in Q3 2017 was EdgePoint Investment Group, an estimated $134M sold.
Based on aggregated 13F filings for Q3 2017.