1st Source
SRCE
91 hedge funds and large institutions have $530M invested in 1st Source in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
22% more capital invested
Capital invested by funds: $435M → $530M (+$94.7M)
6% more funds holding
Funds holding: 86 → 91 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.77M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.99M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.66M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$1.53M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.5M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.86M |
| 3 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$797K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$743K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$489K |
SRCE Hedge Fund Activity: Q4 2014 in Review
91 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2014, worth a combined $530M — up 22% from $435M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SRCE positions and 4 closed out — a net gain of 6 holders — while 26 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.77M. The largest seller was Fidelity Investments, cutting an estimated $2.5M.
- 91 institutional investors held 1st Source (SRCE) as of Q4 2014, up from 86 in Q3 2014.
- Funds reported $530M of 1st Source stock for Q4 2014, up 22% quarter-over-quarter.
- 10 funds opened new 1st Source positions in Q4 2014 and 4 closed out, a net change of +6 holders.
- The largest 1st Source buyer in Q4 2014 was Vanguard Group, an estimated $3.77M added.
- The largest 1st Source seller in Q4 2014 was Fidelity Investments, an estimated $2.5M sold.
Based on aggregated 13F filings for Q4 2014.