1st Source
SRCE
141 hedge funds and large institutions have $1B invested in 1st Source in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 11 closing their positions.
9,080% more call options, than puts
Call options by funds: $918K | Put options by funds: $10K
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
33% more capital invested
Capital invested by funds: $753M → $1B (+$252M)
24% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 42
6% more funds holding
Funds holding: 133 → 141 (+8)
2.42% more ownership
Funds ownership: 72.42% → 74.84% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.75M |
| 2 |
BlackRock
New York
|
+$6.01M |
| 3 |
Morgan Stanley
New York
|
+$5.91M |
| 4 |
Millennium Management
New York
|
+$2.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$10.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.5M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.29M |
| 4 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$1.32M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$767 | -16 | -80% |
|
|
C
152
Covestor
London,
United Kingdom
| – | -$48 | -1 | -20% |
|
SRCE Hedge Fund Activity: Q4 2023 in Review
141 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2023, worth a combined $1B — up 33% from $753M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SRCE positions and 11 closed out — a net gain of 9 holders — while 52 added to existing stakes and 42 trimmed.
The largest buyer was Vanguard Group, adding an estimated $8.75M. The largest seller was 1ST Source Bank, cutting an estimated $10.8M.
- 141 institutional investors held 1st Source (SRCE) as of Q4 2023, up from 133 in Q3 2023.
- Funds reported $1B of 1st Source stock for Q4 2023, up 33% quarter-over-quarter.
- 20 funds opened new 1st Source positions in Q4 2023 and 11 closed out, a net change of +9 holders.
- The largest 1st Source buyer in Q4 2023 was Vanguard Group, an estimated $8.75M added.
- The largest 1st Source seller in Q4 2023 was 1ST Source Bank, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2023.