Service Corp International
243 hedge funds and large institutions have $3.7B invested in Service Corp International in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 95 reducing their positions, and 26 closing their positions.
1,499% more call options, than puts
Call options by funds: $8.74M | Put options by funds: $547K
5% more capital invested
Capital invested by funds: $3.53B → $3.7B (+$175M)
0.12% more ownership
Funds ownership: 83.56% → 83.67% (+0.12%)
1% less funds holding
Funds holding: 245 → 243 (-2)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
17% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$85.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.1M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$30M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$28.9M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$23.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$47.4M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$45.1M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$41M |
| 4 |
Renaissance Technologies
New York
|
-$22.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$21M |
SCI Hedge Fund Activity: Q2 2014 in Review
243 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q2 2014, worth a combined $3.7B — up 5% from $3.53B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SCI and 25 opened new positions — a net loss of 1 holder — while 95 trimmed existing stakes and 79 added.
The largest buyer was Owl Creek Asset Management, opening a new position worth an estimated $85.4M. The largest seller was Balyasny Asset Management, cutting an estimated $47.4M.
- 243 institutional investors held Service Corp International (SCI) as of Q2 2014, down from 245 in Q1 2014.
- Funds reported $3.7B of Service Corp International stock for Q2 2014, up 5% quarter-over-quarter.
- 25 funds opened new Service Corp International positions in Q2 2014 and 26 closed out, a net change of -1 holder.
- The largest Service Corp International buyer in Q2 2014 was Owl Creek Asset Management, an estimated $85.4M added.
- The largest Service Corp International seller in Q2 2014 was Balyasny Asset Management, an estimated $47.4M sold.
Based on aggregated 13F filings for Q2 2014.