Service Corp International
313 hedge funds and large institutions have $5B invested in Service Corp International in 2017 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 121 increasing their positions, 95 reducing their positions, and 31 closing their positions.
92% more call options, than puts
Call options by funds: $1.64M | Put options by funds: $853K
74% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 31
27% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 95
10% more capital invested
Capital invested by funds: $4.55B → $5B (+$449M)
5% more funds holding
Funds holding: 297 → 313 (+16)
1.93% more ownership
Funds ownership: 84.08% → 86.01% (+1.9%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$490M |
| 2 |
Morgan Stanley
New York
|
+$68.5M |
| 3 |
MGM
Miura Global Management
New York
|
+$39.1M |
| 4 |
Renaissance Technologies
New York
|
+$36.5M |
| 5 |
Two Sigma Investments
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$123M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$31.6M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$25.9M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$21.3M |
| 5 |
IIM
Ivory Investment Management
New York
|
-$15.7M |
SCI Hedge Fund Activity: Q1 2017 in Review
313 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q1 2017, worth a combined $5B — up 9.9% from $4.55B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new SCI positions and 31 closed out — a net gain of 23 holders — while 121 added to existing stakes and 95 trimmed.
The largest buyer was BlackRock, adding an estimated $490M. The largest seller was Fidelity Investments, cutting an estimated $123M.
- 313 institutional investors held Service Corp International (SCI) as of Q1 2017, up from 297 in Q4 2016.
- Funds reported $5B of Service Corp International stock for Q1 2017, up 9.9% quarter-over-quarter.
- 54 funds opened new Service Corp International positions in Q1 2017 and 31 closed out, a net change of +23 holders.
- The largest Service Corp International buyer in Q1 2017 was BlackRock, an estimated $490M added.
- The largest Service Corp International seller in Q1 2017 was Fidelity Investments, an estimated $123M sold.
Based on aggregated 13F filings for Q1 2017.