Service Corp International
253 hedge funds and large institutions have $3.24B invested in Service Corp International in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 104 increasing their positions, 89 reducing their positions, and 24 closing their positions.
63% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 89
5% more funds holding
Funds holding: 240 → 253 (+13)
3% more capital invested
Capital invested by funds: $3.14B → $3.24B (+$97M)
0.25% more ownership
Funds ownership: 81.9% → 82.15% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$45.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.8M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$20.1M |
| 4 |
HOAM
Halcyon Offshore Asset Management
New York
|
+$18.6M |
| 5 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$99.4M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$95.5M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$30.9M |
| 4 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
-$23.3M |
| 5 |
BJ
BlackRock Japan
Tokyo,
Japan
|
-$21.1M |
SCI Hedge Fund Activity: Q3 2013 in Review
253 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q3 2013, worth a combined $3.24B — up 3.1% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SCI positions and 24 closed out — a net gain of 15 holders — while 104 added to existing stakes and 89 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $45.8M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $99.4M.
- 253 institutional investors held Service Corp International (SCI) as of Q3 2013, up from 240 in Q2 2013.
- Funds reported $3.24B of Service Corp International stock for Q3 2013, up 3.1% quarter-over-quarter.
- 39 funds opened new Service Corp International positions in Q3 2013 and 24 closed out, a net change of +15 holders.
- The largest Service Corp International buyer in Q3 2013 was Principal Financial Group, an estimated $45.8M added.
- The largest Service Corp International seller in Q3 2013 was Barrow, Hanley, Mewhinney & Strauss, an estimated $99.4M sold.
Based on aggregated 13F filings for Q3 2013.