1st Source
SRCE
86 hedge funds and large institutions have $435M invested in 1st Source in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
8% less capital invested
Capital invested by funds: $474M → $435M (-$39.4M)
10% less funds holding
Funds holding: 96 → 86 (-10)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$5.35M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.52M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.28M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$739K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$707K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.6M |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$3.67M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$673K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$514K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Envestnet Asset Management
Chicago,
Illinois
| – | -$350 | -13 | -52% |
|
SRCE Hedge Fund Activity: Q3 2014 in Review
86 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2014, worth a combined $435M — down 8.3% from $474M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SRCE and 5 opened new positions — a net loss of 10 holders — while 31 trimmed existing stakes and 28 added.
The largest buyer was LSV Asset Management, opening a new position worth an estimated $5.35M. The largest seller was Norges Bank, cutting an estimated $5.6M.
- 86 institutional investors held 1st Source (SRCE) as of Q3 2014, down from 96 in Q2 2014.
- Funds reported $435M of 1st Source stock for Q3 2014, down 8.3% quarter-over-quarter.
- 5 funds opened new 1st Source positions in Q3 2014 and 15 closed out, a net change of -10 holders.
- The largest 1st Source buyer in Q3 2014 was LSV Asset Management, an estimated $5.35M added.
- The largest 1st Source seller in Q3 2014 was Norges Bank, an estimated $5.6M sold.
Based on aggregated 13F filings for Q3 2014.