1st Source
SRCE
121 hedge funds and large institutions have $949M invested in 1st Source in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 118 → 121 (+3)
4% more capital invested
Capital invested by funds: $912M → $949M (+$36.9M)
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.39% less ownership
Funds ownership: 71.11% → 69.72% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.88M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.77M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$3.63M |
| 4 |
Goldman Sachs
New York
|
+$3.13M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.28M |
| 2 |
JP Morgan Chase
New York
|
-$1.87M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.53M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$920K |
| 5 |
State Street
Boston,
Massachusetts
|
-$721K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$345K | -6,983 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$204K | -4,118 | Closed |
|
128
Parallax Volatility Advisers
San Francisco,
California
| – | -$123K | -2,478 | Closed |
|
|
RQS
129
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$23K | -468 | Closed |
|
|
DCM
130
Delpha Capital Management
New York
| – | -$22K | -444 | Closed |
|
|
LTFS
131
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$8K | -159 | Closed |
|
|
WAM
132
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$4K | -71 | Closed |
|
|
BBHC
133
Brown Brothers Harriman & Co
New York
| – | -$3K | -69 | Closed |
|
SRCE Hedge Fund Activity: Q1 2018 in Review
121 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2018, worth a combined $949M — up 4% from $912M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SRCE positions and 12 closed out — a net gain of 3 holders — while 40 added to existing stakes and 39 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.88M. The largest seller was Fidelity Investments, cutting an estimated $2.28M.
- 121 institutional investors held 1st Source (SRCE) as of Q1 2018, up from 118 in Q4 2017.
- Funds reported $949M of 1st Source stock for Q1 2018, up 4% quarter-over-quarter.
- 15 funds opened new 1st Source positions in Q1 2018 and 12 closed out, a net change of +3 holders.
- The largest 1st Source buyer in Q1 2018 was Renaissance Technologies, an estimated $3.88M added.
- The largest 1st Source seller in Q1 2018 was Fidelity Investments, an estimated $2.28M sold.
Based on aggregated 13F filings for Q1 2018.