1st Source
SRCE
117 hedge funds and large institutions have $849M invested in 1st Source in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 48 reducing their positions, and 12 closing their positions.
2% more capital invested
Capital invested by funds: $829M → $849M (+$19.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 71.37% → 71.27% (-0.09%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3% less funds holding
Funds holding: 120 → 117 (-3)
19% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.31M |
| 2 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
+$2.14M |
| 3 |
Renaissance Technologies
New York
|
+$1.54M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.06M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.28M |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.51M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.51M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.99M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Prelude Capital Management
New York
| – | -$8K | -171 | Closed |
|
|
RFC
127
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -49 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$853 | -19 | Closed |
|
SRCE Hedge Fund Activity: Q2 2019 in Review
117 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2019, worth a combined $849M — up 2.3% from $829M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SRCE and 11 opened new positions — a net loss of 1 holder — while 48 trimmed existing stakes and 39 added.
The largest buyer was Nuveen, opening a new position worth an estimated $4.31M. The largest seller was BlackRock, cutting an estimated $3.28M.
- 117 institutional investors held 1st Source (SRCE) as of Q2 2019, down from 120 in Q1 2019.
- Funds reported $849M of 1st Source stock for Q2 2019, up 2.3% quarter-over-quarter.
- 11 funds opened new 1st Source positions in Q2 2019 and 12 closed out, a net change of -1 holder.
- The largest 1st Source buyer in Q2 2019 was Nuveen, an estimated $4.31M added.
- The largest 1st Source seller in Q2 2019 was BlackRock, an estimated $3.28M sold.
Based on aggregated 13F filings for Q2 2019.