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1st Source

115 hedge funds and large institutions have $785M invested in 1st Source in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

67.98% more ownership

Funds ownership: 0%67.98% (+68%)

29% more capital invested

Capital invested by funds: $609M → $785M (+$177M)

19% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 36

8% more funds holding

Funds holding: 106115 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
115
Holders Change
+9
Holders Change %
+8.49%
% of All Funds
2.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
43
Reduced
36
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BA
26
Boston Advisors
Massachusetts
$3.59M -$742K -19,210 -19%
BGIM
27
Brandywine Global Investment Management
Pennsylvania
$3.59M -$117K -3,040 -4%
RP
28
Reinhart Partners
Wisconsin
$3.4M -$12.5K -323 -0.4%
AQR Capital Management
29
AQR Capital Management
Connecticut
$3.3M +$978K +25,313 +52%
Nordea Investment Management
30
Nordea Investment Management
Sweden
$3.24M +$2.07M +53,700 +286%
CAM
31
ClariVest Asset Management
California
$3.24M +$2.07M +53,700 +286%
NI
32
Numeric Investors
Massachusetts
$2.98M
BIM
33
BlackRock Investment Management
Delaware
$2.88M -$43K -1,112 -2%
ITIM
34
Indiana Trust & Investment Management
Indiana
$2.75M -$79.2K -2,050 -3%
Morgan Stanley
35
Morgan Stanley
New York
$2.46M +$1.52M +39,335 +252%
PPA
36
Parametric Portfolio Associates
Washington
$2.43M -$60.7K -1,570 -3%
SCA
37
Stieven Capital Advisors
Missouri
$2.25M -$3.86K -100 -0.2%
RHCA
38
Rosenthal Henry Capital Advisors
Indiana
$2.23M +$1.93M +50,000 New
TCIM
39
TIAA CREF Investment Management
New York
$2.22M -$50.6K -1,309 -3%
Invesco
40
Invesco
Georgia
$2.01M -$118K -3,045 -6%
BFC
41
Banc Funds Company
Illinois
$2.01M
DCM
42
Dupont Capital Management
Delaware
$1.91M
MCM
43
Matarin Capital Management
New York
$1.89M +$11K +286 +0.7%
GC
44
Guggenheim Capital
Illinois
$1.85M -$103K -2,663 -6%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$1.79M +$85K +2,200 +6%
ZCM
46
Zebra Capital Management
Connecticut
$1.56M +$26.9K +697 +2%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$1.44M -$30.9K -800 -2%
Goldman Sachs
48
Goldman Sachs
New York
$1.37M -$239K -6,184 -17%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$1.32M -$75.1K -1,943 -6%
Bessemer Group
50
Bessemer Group
New Jersey
$1.25M +$609K +15,762 +128%

SRCE Hedge Fund Activity: Q4 2016 in Review

115 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2016, worth a combined $785M — up 29% from $609M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new SRCE positions and 8 closed out — a net gain of 9 holders — while 43 added to existing stakes and 36 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $2.96M. The largest seller was River Road Asset Management, exiting entirely with an estimated $6.54M sold.

  • 115 institutional investors held 1st Source (SRCE) as of Q4 2016, up from 106 in Q3 2016.
  • Funds reported $785M of 1st Source stock for Q4 2016, up 29% quarter-over-quarter.
  • 17 funds opened new 1st Source positions in Q4 2016 and 8 closed out, a net change of +9 holders.
  • The largest 1st Source buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $2.96M added.
  • The largest 1st Source seller in Q4 2016 was River Road Asset Management, an estimated $6.54M sold.

Based on aggregated 13F filings for Q4 2016.