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1st Source

96 hedge funds and large institutions have $538M invested in 1st Source in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 30

4% more capital invested

Capital invested by funds: $516M → $538M (+$22.3M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 10496 (-8)

67% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 12

Holders
96
Holders Change
-8
Holders Change %
-7.69%
% of All Funds
2.56%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
38
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
76
Russell Frank Company
Washington
$189K
BG
77
BlackRock Group
United Kingdom
$161K +$63.3K +2,081 +69%
ST
78
Smithfield Trust
Pennsylvania
$151K
Axa
79
Axa
France
$146K -$387K -12,730 -74%
Morgan Stanley
80
Morgan Stanley
New York
$132K -$910K -29,937 -88%
Ohio Public Employees Retirement System (OPERS)
81
Ohio Public Employees Retirement System (OPERS)
Ohio
$129K
Royal Bank of Canada
82
Royal Bank of Canada
Ontario, Canada
$118K +$50.5K +1,661 +81%
Legal & General Group
83
Legal & General Group
United Kingdom
$97K
US Bancorp
84
US Bancorp
Minnesota
$91K -$28.7K -945 -25%
Teacher Retirement System of Texas
85
Teacher Retirement System of Texas
Texas
$51K +$11.9K +391 +32%
Bank of America
86
Bank of America
North Carolina
$47K +$20.9K +688 +88%
Canada Life
87
Canada Life
Manitoba, Canada
$45K
Federated Hermes
88
Federated Hermes
Pennsylvania
$40K -$124K -4,091 -77%
Bessemer Group
89
Bessemer Group
New Jersey
$39K
BlackRock
90
BlackRock
New York
$31K +$17.8K +587 +152%
Zurich Cantonal Bank
91
Zurich Cantonal Bank
Switzerland
$20K
Barclays
92
Barclays
United Kingdom
$10K +$10.3K +338 New
Geode Capital Management
93
Geode Capital Management
Massachusetts
$4.36K +$417K +13,716 +11%
MFS
94
MSI Financial Services
Massachusetts
$3K -$4.5K -148 -64%
DA
95
Denali Advisors
California
$3K
BNP Paribas Financial Markets
96
BNP Paribas Financial Markets
France
$2.1K -$106K -3,486 -98%
BCM
97
Basswood Capital Management
New York
-$2.57M -83,256 Closed
HAI
98
Hennessy Advisors Inc
California
-$1.85M -60,000 Closed
Millennium Management
99
Millennium Management
New York
-$975K -31,576 Closed
SS
100
Simplicity Solutions
Minnesota
-$644K -20,846 Closed

SRCE Hedge Fund Activity: Q1 2016 in Review

96 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2016, worth a combined $538M — up 4.3% from $516M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of SRCE and 4 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 38 added.

The largest buyer was Vanguard Group, adding an estimated $5.98M. The largest seller was Maltese Capital Management, cutting an estimated $6.43M.

  • 96 institutional investors held 1st Source (SRCE) as of Q1 2016, down from 104 in Q4 2015.
  • Funds reported $538M of 1st Source stock for Q1 2016, up 4.3% quarter-over-quarter.
  • 4 funds opened new 1st Source positions in Q1 2016 and 12 closed out, a net change of -8 holders.
  • The largest 1st Source buyer in Q1 2016 was Vanguard Group, an estimated $5.98M added.
  • The largest 1st Source seller in Q1 2016 was Maltese Capital Management, an estimated $6.43M sold.

Based on aggregated 13F filings for Q1 2016.