1st Source
SRCE
94 hedge funds and large institutions have $496M invested in 1st Source in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $492M → $496M (+$3.73M)
0% more funds holding
Funds holding: 94 → 94 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.67M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$6.01M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$3.16M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
+$1.65M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$9.92M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.89M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$688K |
| 4 |
Two Sigma Investments
New York
|
-$433K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$432K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EU
101
Emory University
Atlanta,
Georgia
| – | -$4K | -165 | Closed |
|
102
Creative Planning
Overland Park,
Kansas
| – | -$3K | -110 | Closed |
|
SRCE Hedge Fund Activity: Q1 2014 in Review
94 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2014, worth a combined $496M — up 0.76% from $492M a quarter earlier.
Fund positioning in SRCE was balanced in Q1 2014: 8 funds opened new positions, 8 closed out, 31 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $6.67M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $9.92M.
- 94 institutional investors held 1st Source (SRCE) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $496M of 1st Source stock for Q1 2014, up 0.76% quarter-over-quarter.
- 8 funds opened new 1st Source positions in Q1 2014 and 8 closed out, a net change of 0 holders.
- The largest 1st Source buyer in Q1 2014 was Fidelity Investments, an estimated $6.67M added.
- The largest 1st Source seller in Q1 2014 was Bryn Mawr Capital Management Inc, an estimated $9.92M sold.
Based on aggregated 13F filings for Q1 2014.