1st Source
SRCE
121 hedge funds and large institutions have $834M invested in 1st Source in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
3% more funds holding
Funds holding: 117 → 121 (+4)
0.15% more ownership
Funds ownership: 71.27% → 71.43% (+0.15%)
2% less capital invested
Capital invested by funds: $849M → $834M (-$14.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$5.59M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.41M |
| 3 |
Goldman Sachs
New York
|
+$2.14M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.59M |
| 5 |
ITIM
Indiana Trust & Investment Management
Mishawaka,
Indiana
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.38M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.74M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.21M |
| 4 |
Millennium Management
New York
|
-$2.04M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
126
ALPS Advisors
Denver,
Colorado
| – | -$382K | -8,222 | Closed |
|
127
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$307K | -6,617 | Closed |
|
|
PP
128
Paloma Partners
Greenwich,
Connecticut
| – | -$292K | -6,300 | Closed |
|
|
CCIA
129
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$226K | -4,868 | Closed |
|
130
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$131K | -2,833 | Closed |
|
|
PCP
131
Proficio Capital Partners
Newton,
Massachusetts
| – | -$4K | -96 | Closed |
|
SRCE Hedge Fund Activity: Q3 2019 in Review
121 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2019, worth a combined $834M — down 1.7% from $849M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SRCE positions and 10 closed out — a net gain of 4 holders — while 44 added to existing stakes and 34 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $5.59M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $9.38M sold.
- 121 institutional investors held 1st Source (SRCE) as of Q3 2019, up from 117 in Q2 2019.
- Funds reported $834M of 1st Source stock for Q3 2019, down 1.7% quarter-over-quarter.
- 14 funds opened new 1st Source positions in Q3 2019 and 10 closed out, a net change of +4 holders.
- The largest 1st Source buyer in Q3 2019 was Victory Capital Management, an estimated $5.59M added.
- The largest 1st Source seller in Q3 2019 was United Services Automobile Association, an estimated $9.38M sold.
Based on aggregated 13F filings for Q3 2019.