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1st Source

119 hedge funds and large institutions have $764M invested in 1st Source in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more ownership

Funds ownership: 73.03%74.04% (+1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $778M → $764M (-$14.7M)

10% less funds holding

Funds holding: 132119 (-13)

14% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 44

52% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 25

97% less call options, than puts

Call options by funds: $13K | Put options by funds: $453K

Holders
119
Holders Change
-13
Holders Change %
-9.85%
% of All Funds
1.87%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
38
Reduced
44
Closed
25
Calls
$13K
Puts
$453K
Net Calls
-$440K
Net Calls Change
-$52K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
76
UBS AM
Illinois
$271K
State Board of Administration of Florida Retirement System
77
State Board of Administration of Florida Retirement System
Florida
$264K -$366K -8,520 -57%
KWM
78
KFG Wealth Management
Indiana
$261K +$301 +7 +0.1%
Deutsche Bank
79
Deutsche Bank
Germany
$257K -$189K -4,387 -42%
SEI Investments
80
SEI Investments
Pennsylvania
$229K -$87.2K -2,028 -27%
NSIM
81
North Star Investment Management
Illinois
$224K
ASRS
82
Arizona State Retirement System
Arizona
$218K -$6.67K -155 -3%
BNP Paribas Financial Markets
83
BNP Paribas Financial Markets
France
$182K -$250K -5,804 -57%
CSS
84
Cubist Systematic Strategies
Connecticut
$159K +$163K +3,798 New
Zurich Cantonal Bank
85
Zurich Cantonal Bank
Switzerland
$137K
BC
86
Bartlett & Co
Ohio
$120K
BCWM
87
Bartlett & Co Wealth Management
Ohio
$120K
Ohio Public Employees Retirement System (OPERS)
88
Ohio Public Employees Retirement System (OPERS)
Ohio
$116K +$43 +1 +0%
US Bancorp
89
US Bancorp
Minnesota
$98.9K -$12.7K -295 -11%
PNC Financial Services Group
90
PNC Financial Services Group
Pennsylvania
$89.6K -$3.78K -88 -4%
PMEF
91
Point72 Middle East FZE
United Arab Emirates
$87.6K +$89.8K +2,088 New
Royal Bank of Canada
92
Royal Bank of Canada
Ontario, Canada
$80K -$247K -5,742 -75%
AB
93
Amalgamated Bank
New York
$69K -$2.11K -49 -3%
AIP
94
Ameritas Investment Partners
Nebraska
$52.9K
SF
95
Safeguard Financial
Wisconsin
$52K +$53.8K +1,251 New
HNB
96
Huntington National Bank
Ohio
$46.2K -$1.98K -46 -4%
Acadian Asset Management
97
Acadian Asset Management
Massachusetts
$42K -$148K -3,430 -77%
Allspring Global Investments
98
Allspring Global Investments
North Carolina
$41.9K -$12.5K -290 -22%
Osaic Holdings
99
Osaic Holdings
Arizona
$41.8K +$15.8K +368 +58%
Bessemer Group
100
Bessemer Group
New Jersey
$41K

SRCE Hedge Fund Activity: Q2 2023 in Review

119 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2023, worth a combined $764M — down 1.9% from $778M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of SRCE and 12 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 38 added.

The largest buyer was Wellington Management Group, adding an estimated $13.2M. The largest seller was Millennium Management, exiting entirely with an estimated $6.33M sold.

  • 119 institutional investors held 1st Source (SRCE) as of Q2 2023, down from 132 in Q1 2023.
  • Funds reported $764M of 1st Source stock for Q2 2023, down 1.9% quarter-over-quarter.
  • 12 funds opened new 1st Source positions in Q2 2023 and 25 closed out, a net change of -13 holders.
  • The largest 1st Source buyer in Q2 2023 was Wellington Management Group, an estimated $13.2M added.
  • The largest 1st Source seller in Q2 2023 was Millennium Management, an estimated $6.33M sold.

Based on aggregated 13F filings for Q2 2023.