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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
MLICM
101
Metropolitan Life Insurance Company (MetLife)
New York
$36.6K
Lazard Asset Management
102
Lazard Asset Management
New York
$31K +$32K +743 New
HCA
103
Harbor Capital Advisors
Illinois
$28.6K +$29.3K +681 New
Northwestern Mutual Wealth Management
104
Northwestern Mutual Wealth Management
Wisconsin
$26.2K
TRCT
105
Tower Research Capital (TRC)
New York
$22.9K -$63.5K -1,476 -73%
Canada Life
106
Canada Life
Manitoba, Canada
$18K -$27.1K -630 -60%
MPWT
107
MassMutual Private Wealth & Trust
Connecticut
$14.7K
WTC
108
WhitTier Trust Company
Nevada
$10.4K
AA
109
Addison Advisors
Vermont
$9.22K
QCG
110
Quadrant Capital Group
Ohio
$4.19K -$37.5K -873 -90%
MRCM
111
M&R Capital Management
New Jersey
$1.55K +$43 +1 +3%
PA
112
Parallel Advisors
California
$1.3K -$5.29K -123 -80%
Carson Wealth (CWM LLC)
113
Carson Wealth (CWM LLC)
Nebraska
$1K -$8.17K -190 -90%
FFA
114
Farther Finance Advisors
California
$839
GWS
115
Glassman Wealth Services
Virginia
$755
Nisa Investment Advisors
116
Nisa Investment Advisors
Missouri
$755 +$774 +18 New
LC
117
Lindbrook Capital
California
$461 -$22K -512 -98%
TWC
118
TD Waterhouse Canada
Ontario, Canada
$42
Millennium Management
119
Millennium Management
New York
-$6.33M -146,819 Closed
ZIM
120
Zacks Investment Management
Illinois
-$1.69M -39,149 Closed
D.E. Shaw & Co
121
D.E. Shaw & Co
New York
-$746K -17,296 Closed
Los Angeles Capital Management
122
Los Angeles Capital Management
California
-$643K -14,890 Closed
HIM
123
Hillsdale Investment Management
Ontario, Canada
-$513K -11,900 Closed
Truist Financial
124
Truist Financial
North Carolina
-$483K -11,193 Closed
Skandinaviska Enskilda Banken (SEB)
125
Skandinaviska Enskilda Banken (SEB)
Sweden
-$388K -9,000 Closed

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.