Service Corp International
396 hedge funds and large institutions have $6.04B invested in Service Corp International in 2020 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 125 increasing their positions, 153 reducing their positions, and 60 closing their positions.
26% more call options, than puts
Call options by funds: $9.03M | Put options by funds: $7.19M
3% less capital invested
Capital invested by funds: $6.25B → $6.04B (-$208M)
1.19% less ownership
Funds ownership: 88.27% → 87.08% (-1.2%)
3% less funds holding
Funds holding: 409 → 396 (-13)
15% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 60
18% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 153
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$128M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$45.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$28.9M |
| 4 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$24.5M |
| 5 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$124M |
| 2 |
First Manhattan
New York
|
-$44.9M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$40.2M |
| 4 |
ClearBridge Investments
New York
|
-$33.8M |
| 5 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$26.4M |
SCI Hedge Fund Activity: Q2 2020 in Review
396 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Service Corp International (SCI) for Q2 2020, worth a combined $6.04B — down 3.3% from $6.25B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of SCI and 51 opened new positions — a net loss of 9 holders — while 153 trimmed existing stakes and 125 added.
The largest buyer was Select Equity Group, adding an estimated $128M. The largest seller was Wellington Management Group, cutting an estimated $124M.
- 396 institutional investors held Service Corp International (SCI) as of Q2 2020, down from 409 in Q1 2020.
- Funds reported $6.04B of Service Corp International stock for Q2 2020, down 3.3% quarter-over-quarter.
- 51 funds opened new Service Corp International positions in Q2 2020 and 60 closed out, a net change of -9 holders.
- The largest Service Corp International buyer in Q2 2020 was Select Equity Group, an estimated $128M added.
- The largest Service Corp International seller in Q2 2020 was Wellington Management Group, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2020.