Service Corp International
277 hedge funds and large institutions have $4.08B invested in Service Corp International in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 89 reducing their positions, and 48 closing their positions.
377% more call options, than puts
Call options by funds: $267K | Put options by funds: $56K
16% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 89
1.15% less ownership
Funds ownership: 85.93% → 84.77% (-1.2%)
3% less funds holding
Funds holding: 287 → 277 (-10)
7% less capital invested
Capital invested by funds: $4.39B → $4.08B (-$316M)
15% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 48
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$56.6M |
| 2 |
Renaissance Technologies
New York
|
+$30.3M |
| 3 |
First Manhattan
New York
|
+$30.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$28.6M |
| 5 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$67.1M |
| 2 |
O
OppenheimerFunds
New York
|
-$61.3M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$43.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$42.2M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$21M |
SCI Hedge Fund Activity: Q1 2016 in Review
277 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q1 2016, worth a combined $4.08B — down 7.2% from $4.39B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of SCI and 41 opened new positions — a net loss of 7 holders — while 89 trimmed existing stakes and 103 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $56.6M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $67.1M sold.
- 277 institutional investors held Service Corp International (SCI) as of Q1 2016, down from 287 in Q4 2015.
- Funds reported $4.08B of Service Corp International stock for Q1 2016, down 7.2% quarter-over-quarter.
- 41 funds opened new Service Corp International positions in Q1 2016 and 48 closed out, a net change of -7 holders.
- The largest Service Corp International buyer in Q1 2016 was EdgePoint Investment Group, an estimated $56.6M added.
- The largest Service Corp International seller in Q1 2016 was Westfield Capital Management, an estimated $67.1M sold.
Based on aggregated 13F filings for Q1 2016.