1st Source
SRCE
124 hedge funds and large institutions have $842M invested in 1st Source in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
2% more funds holding
Funds holding: 122 → 124 (+2)
5% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 43
2% more capital invested
Capital invested by funds: $821M → $842M (+$20.3M)
0.55% more ownership
Funds ownership: 73.15% → 73.7% (+0.55%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
+$5M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$2.12M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$2.05M |
| 4 |
BlackRock
New York
|
+$1.86M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.75M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.54M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$934K |
| 4 |
AIC
Aurora Investment Counsel
Atlanta,
Georgia
|
-$904K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$896K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
126
Graham Capital Management
Rowayton,
Connecticut
| – | -$463K | -10,204 | Closed |
|
127
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
| – | -$418K | -9,200 | Closed |
|
128
Truist Financial
Charlotte,
North Carolina
| – | -$345K | -7,590 | Closed |
|
129
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$203K | -4,477 | Closed |
|
|
VVP
130
Venture Visionary Partners
Sylvania,
Ohio
| – | -$49.1K | -1,081 | Closed |
|
131
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$21K | -466 | Closed |
|
|
SWM
132
Spire Wealth Management
Mclean,
Virginia
| – | -$4K | -94 | Closed |
|
|
C
133
Covestor
London,
United Kingdom
| – | -$2.75K | -58 | -92% |
|
SRCE Hedge Fund Activity: Q3 2022 in Review
124 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2022, worth a combined $842M — up 2.5% from $821M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SRCE positions and 9 closed out — a net gain of 3 holders — while 45 added to existing stakes and 43 trimmed.
The largest buyer was 1ST Source Bank, adding an estimated $5M. The largest seller was Wellington Management Group, cutting an estimated $7.75M.
- 124 institutional investors held 1st Source (SRCE) as of Q3 2022, up from 122 in Q2 2022.
- Funds reported $842M of 1st Source stock for Q3 2022, up 2.5% quarter-over-quarter.
- 12 funds opened new 1st Source positions in Q3 2022 and 9 closed out, a net change of +3 holders.
- The largest 1st Source buyer in Q3 2022 was 1ST Source Bank, an estimated $5M added.
- The largest 1st Source seller in Q3 2022 was Wellington Management Group, an estimated $7.75M sold.
Based on aggregated 13F filings for Q3 2022.