1st Source
SRCE
117 hedge funds and large institutions have $566M invested in 1st Source in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 52 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.28% less ownership
Funds ownership: 73.11% → 71.83% (-1.3%)
5% less funds holding
Funds holding: 123 → 117 (-6)
15% less capital invested
Capital invested by funds: $664M → $566M (-$97.8M)
35% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 52
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.77M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.56M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$890K |
| 4 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$641K |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.62M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.57M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.66M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.5M |
| 5 |
Renaissance Technologies
New York
|
-$1M |
SRCE Hedge Fund Activity: Q3 2020 in Review
117 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2020, worth a combined $566M — down 15% from $664M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SRCE and 7 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 34 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $1.77M. The largest seller was BlackRock, cutting an estimated $2.62M.
- 117 institutional investors held 1st Source (SRCE) as of Q3 2020, down from 123 in Q2 2020.
- Funds reported $566M of 1st Source stock for Q3 2020, down 15% quarter-over-quarter.
- 7 funds opened new 1st Source positions in Q3 2020 and 13 closed out, a net change of -6 holders.
- The largest 1st Source buyer in Q3 2020 was Bridgeway Capital Management, an estimated $1.77M added.
- The largest 1st Source seller in Q3 2020 was BlackRock, an estimated $2.62M sold.
Based on aggregated 13F filings for Q3 2020.