1st Source
SRCE
120 hedge funds and large institutions have $829M invested in 1st Source in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 14 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
11% more capital invested
Capital invested by funds: $750M → $829M (+$78.8M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% more funds holding
Funds holding: 119 → 120 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 71.65% → 71.37% (-0.28%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.07M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.57M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.2M |
| 4 |
Millennium Management
New York
|
+$1.88M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$15.6M |
| 2 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$2.13M |
| 3 |
Morgan Stanley
New York
|
-$1.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.31M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.06M |
SRCE Hedge Fund Activity: Q1 2019 in Review
120 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2019, worth a combined $829M — up 11% from $750M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SRCE positions and 14 closed out — a net gain of 1 holder — while 43 added to existing stakes and 35 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $3.07M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $15.6M sold.
- 120 institutional investors held 1st Source (SRCE) as of Q1 2019, up from 119 in Q4 2018.
- Funds reported $829M of 1st Source stock for Q1 2019, up 11% quarter-over-quarter.
- 15 funds opened new 1st Source positions in Q1 2019 and 14 closed out, a net change of +1 holder.
- The largest 1st Source buyer in Q1 2019 was Hotchkis & Wiley Capital Management, an estimated $3.07M added.
- The largest 1st Source seller in Q1 2019 was Janus Henderson Group, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2019.