Service Corp International
247 hedge funds and large institutions have $3.17B invested in Service Corp International in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 84 reducing their positions, and 37 closing their positions.
40% more call options, than puts
Call options by funds: $7K | Put options by funds: $5K
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 84
0.28% more ownership
Funds ownership: 82.15% → 82.43% (+0.28%)
2% less capital invested
Capital invested by funds: $3.24B → $3.17B (-$74.8M)
2% less funds holding
Funds holding: 253 → 247 (-6)
14% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$34M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$19.6M |
| 3 |
HOAM
Halcyon Offshore Asset Management
New York
|
+$18.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$17.2M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$60.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.7M |
| 3 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$21.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.7M |
| 5 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
-$16.8M |
SCI Hedge Fund Activity: Q4 2013 in Review
247 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q4 2013, worth a combined $3.17B — down 2.3% from $3.24B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SCI and 32 opened new positions — a net loss of 5 holders — while 84 trimmed existing stakes and 97 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $34M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, exiting entirely with an estimated $60.2M sold.
- 247 institutional investors held Service Corp International (SCI) as of Q4 2013, down from 253 in Q3 2013.
- Funds reported $3.17B of Service Corp International stock for Q4 2013, down 2.3% quarter-over-quarter.
- 32 funds opened new Service Corp International positions in Q4 2013 and 37 closed out, a net change of -5 holders.
- The largest Service Corp International buyer in Q4 2013 was BlackRock Institutional Trust, an estimated $34M added.
- The largest Service Corp International seller in Q4 2013 was Barrow, Hanley, Mewhinney & Strauss, an estimated $60.2M sold.
Based on aggregated 13F filings for Q4 2013.