Service Corp International
287 hedge funds and large institutions have $4.23B invested in Service Corp International in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 98 increasing their positions, 113 reducing their positions, and 33 closing their positions.
5,932% more call options, than puts
Call options by funds: $3.98M | Put options by funds: $66K
5% less capital invested
Capital invested by funds: $4.43B → $4.23B (-$202M)
1.91% less ownership
Funds ownership: 84.59% → 82.68% (-1.9%)
3% less funds holding
Funds holding: 297 → 287 (-10)
13% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 113
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$83.9M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
+$27.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26.7M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$26.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$223M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$110M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$39.1M |
| 4 |
Renaissance Technologies
New York
|
-$12.9M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$10.7M |
SCI Hedge Fund Activity: Q3 2016 in Review
287 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q3 2016, worth a combined $4.23B — down 4.6% from $4.43B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SCI and 25 opened new positions — a net loss of 8 holders — while 113 trimmed existing stakes and 98 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $83.9M. The largest seller was Fidelity Investments, cutting an estimated $223M.
- 287 institutional investors held Service Corp International (SCI) as of Q3 2016, down from 297 in Q2 2016.
- Funds reported $4.23B of Service Corp International stock for Q3 2016, down 4.6% quarter-over-quarter.
- 25 funds opened new Service Corp International positions in Q3 2016 and 33 closed out, a net change of -8 holders.
- The largest Service Corp International buyer in Q3 2016 was T. Rowe Price Associates, an estimated $83.9M added.
- The largest Service Corp International seller in Q3 2016 was Fidelity Investments, an estimated $223M sold.
Based on aggregated 13F filings for Q3 2016.