1st Source
SRCE
107 hedge funds and large institutions have $548M invested in 1st Source in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 44 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
11% more funds holding
Funds holding: 96 → 107 (+11)
2% more capital invested
Capital invested by funds: $538M → $548M (+$9.77M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
32% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$5.76M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$3.68M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.54M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$1.47M |
| 5 |
Goldman Sachs
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$7.85M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.78M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$2.65M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.39M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
BNP Paribas Financial Markets
Paris,
France
| $23.8K | +$22.1K | +668 | +1,012% |
|
102
Zurich Cantonal Bank
Zurich,
Switzerland
| $21K | – | – | – |
|
|
DA
103
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
PCM
104
Prelude Capital Management
New York
| $3K | +$3.31K | +100 | New |
|
105
Barclays
London,
United Kingdom
| $2K | -$9.59K | -290 | -86% |
|
|
QI
106
QS Investors
New York
| $1K | +$397 | +12 | New |
|
|
AG
107
Advisor Group
Phoenix,
Arizona
| $1K | +$1.26K | +38 | New |
|
|
MCM
108
Maltese Capital Management
New York
| – | -$2.65M | -83,300 | Closed |
|
|
VKH
109
Virtu KCG Holdings
New York
| – | -$237K | -7,443 | Closed |
|
110
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$217K | -6,818 | Closed |
|
SRCE Hedge Fund Activity: Q2 2016 in Review
107 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2016, worth a combined $548M — up 1.8% from $538M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SRCE positions and 3 closed out — a net gain of 12 holders — while 30 added to existing stakes and 44 trimmed.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $5.76M. The largest seller was 1ST Source Bank, cutting an estimated $7.85M.
- 107 institutional investors held 1st Source (SRCE) as of Q2 2016, up from 96 in Q1 2016.
- Funds reported $548M of 1st Source stock for Q2 2016, up 1.8% quarter-over-quarter.
- 15 funds opened new 1st Source positions in Q2 2016 and 3 closed out, a net change of +12 holders.
- The largest 1st Source buyer in Q2 2016 was Boston Trust Walden, an estimated $5.76M added.
- The largest 1st Source seller in Q2 2016 was 1ST Source Bank, an estimated $7.85M sold.
Based on aggregated 13F filings for Q2 2016.