1st Source
SRCE
148 hedge funds and large institutions have $952M invested in 1st Source in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
5% more funds holding
Funds holding: 141 → 148 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more call options, than puts
Call options by funds: $89K | Put options by funds: $89K
0.56% less ownership
Funds ownership: 74.84% → 74.29% (-0.56%)
5% less capital invested
Capital invested by funds: $1B → $952M (-$52.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$6.27M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.25M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.98M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.24M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$4.88M |
| 2 |
Morgan Stanley
New York
|
-$4.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.25M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.14M |
| 5 |
BlackRock
New York
|
-$3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Jane Street
New York
| – | -$376K | -6,835 | Closed |
|
152
Principal Financial Group
Des Moines,
Iowa
| – | -$315K | -5,726 | Closed |
|
|
SPS
153
Susquehanna Portfolio Strategies
Bala Cynwyd,
Pennsylvania
| – | -$284K | -5,167 | Closed |
|
154
SG Americas Securities
New York
| – | -$188K | -3,426 | Closed |
|
|
QCG
155
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$2.75K | -50 | Closed |
|
|
GWS
156
Glassman Wealth Services
Vienna,
Virginia
| – | -$989 | -18 | Closed |
|
|
TWP
157
TFO Wealth Partners
Maumee,
Ohio
| – | -$275 | -5 | Closed |
|
|
C
158
Covestor
London,
United Kingdom
| – | -$103 | -2 | -50% |
|
|
TWC
159
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$53 | -1 | Closed |
|
SRCE Hedge Fund Activity: Q1 2024 in Review
148 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2024, worth a combined $952M — down 5.2% from $1B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SRCE positions and 11 closed out — a net gain of 9 holders — while 53 added to existing stakes and 46 trimmed.
The largest buyer was Charles Schwab, adding an estimated $6.27M. The largest seller was 1ST Source Bank, cutting an estimated $4.88M.
- 148 institutional investors held 1st Source (SRCE) as of Q1 2024, up from 141 in Q4 2023.
- Funds reported $952M of 1st Source stock for Q1 2024, down 5.2% quarter-over-quarter.
- 20 funds opened new 1st Source positions in Q1 2024 and 11 closed out, a net change of +9 holders.
- The largest 1st Source buyer in Q1 2024 was Charles Schwab, an estimated $6.27M added.
- The largest 1st Source seller in Q1 2024 was 1ST Source Bank, an estimated $4.88M sold.
Based on aggregated 13F filings for Q1 2024.