1st Source
SRCE
128 hedge funds and large institutions have $957M invested in 1st Source in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
15% more capital invested
Capital invested by funds: $834M → $957M (+$122M)
6% more funds holding
Funds holding: 121 → 128 (+7)
0.85% more ownership
Funds ownership: 71.43% → 72.28% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$4.64M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.26M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.42M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.39M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.37M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$1.62M |
| 3 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$1.59M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$1.28M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.26M |
SRCE Hedge Fund Activity: Q4 2019 in Review
128 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2019, worth a combined $957M — up 15% from $834M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SRCE positions and 10 closed out — a net gain of 8 holders — while 50 added to existing stakes and 35 trimmed.
The largest buyer was Reinhart Partners, adding an estimated $4.64M. The largest seller was Dimensional Fund Advisors, cutting an estimated $4.37M.
- 128 institutional investors held 1st Source (SRCE) as of Q4 2019, up from 121 in Q3 2019.
- Funds reported $957M of 1st Source stock for Q4 2019, up 15% quarter-over-quarter.
- 18 funds opened new 1st Source positions in Q4 2019 and 10 closed out, a net change of +8 holders.
- The largest 1st Source buyer in Q4 2019 was Reinhart Partners, an estimated $4.64M added.
- The largest 1st Source seller in Q4 2019 was Dimensional Fund Advisors, an estimated $4.37M sold.
Based on aggregated 13F filings for Q4 2019.