1st Source
SRCE
119 hedge funds and large institutions have $764M invested in 1st Source in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 25 closing their positions.
1% more ownership
Funds ownership: 73.03% → 74.04% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $778M → $764M (-$14.7M)
10% less funds holding
Funds holding: 132 → 119 (-13)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
97% less call options, than puts
Call options by funds: $13K | Put options by funds: $453K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.2M |
| 2 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$3.46M |
| 3 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$2.55M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.48M |
| 5 |
LTAS
Linden Thomas Advisory Services
Charlotte,
North Carolina
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.33M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.56M |
| 3 |
Goldman Sachs
New York
|
-$1.92M |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.69M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.5M |
SRCE Hedge Fund Activity: Q2 2023 in Review
119 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2023, worth a combined $764M — down 1.9% from $778M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SRCE and 12 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 38 added.
The largest buyer was Wellington Management Group, adding an estimated $13.2M. The largest seller was Millennium Management, exiting entirely with an estimated $6.33M sold.
- 119 institutional investors held 1st Source (SRCE) as of Q2 2023, down from 132 in Q1 2023.
- Funds reported $764M of 1st Source stock for Q2 2023, down 1.9% quarter-over-quarter.
- 12 funds opened new 1st Source positions in Q2 2023 and 25 closed out, a net change of -13 holders.
- The largest 1st Source buyer in Q2 2023 was Wellington Management Group, an estimated $13.2M added.
- The largest 1st Source seller in Q2 2023 was Millennium Management, an estimated $6.33M sold.
Based on aggregated 13F filings for Q2 2023.