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1st Source

99 hedge funds and large institutions have $495M invested in 1st Source in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

9% more funds holding

Funds holding: 9199 (+8)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less capital invested

Capital invested by funds: $530M → $495M (-$34.4M)

17% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 35

Holders
99
Holders Change
+8
Holders Change %
+8.79%
% of All Funds
2.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
29
Reduced
35
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1SB
1
1ST Source Bank
Indiana
$257M +$589K +20,509 +0.2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$63.8M +$316K +11,008 +0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$19M -$4.89M -170,120 -21%
BIT
4
BlackRock Institutional Trust
California
$14M -$106K -3,701 -0.8%
BFA
5
BlackRock Fund Advisors
California
$11.9M -$52.5K -1,828 -0.4%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$10.4M +$1.28M +44,550 +14%
AllianceBernstein
7
AllianceBernstein
Tennessee
$10.2M -$282K -9,823 -3%
State Street
8
State Street
Massachusetts
$8.07M +$40.2K +1,399 +0.5%
RRAM
9
River Road Asset Management
Kentucky
$7.3M -$468K -16,280 -6%
JP Morgan Chase
10
JP Morgan Chase
New York
$7.19M +$416K +14,476 +6%
LSV Asset Management
11
LSV Asset Management
Illinois
$6.48M -$149K -5,170 -2%
Norges Bank
12
Norges Bank
Norway
$5.83M -$247K -8,590 -4%
Northern Trust
13
Northern Trust
Illinois
$5.79M +$178K +6,194 +3%
RP
14
Reinhart Partners
Wisconsin
$4.98M -$94.2K -3,278 -2%
Prudential Financial
15
Prudential Financial
New Jersey
$4.47M +$2.56M +89,019 +139%
BCM
16
Bridgeway Capital Management
Texas
$4.22M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$3.56M +$3.25K +113 +0.1%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$2.79M +$374K +13,027 +16%
BGIM
19
Brandywine Global Investment Management
Pennsylvania
$2.58M
ITIM
20
Indiana Trust & Investment Management
Indiana
$2.51M -$111K -3,850 -4%
Charles Schwab
21
Charles Schwab
California
$2.45M +$55K +1,914 +2%
Ameriprise
22
Ameriprise
Minnesota
$2.22M -$128K -4,466 -6%
TCIM
23
TIAA CREF Investment Management
New York
$2.11M
BMCMI
24
Bryn Mawr Capital Management Inc
Pennsylvania
$2M +$1.97M +68,393 New
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$1.56M

SRCE Hedge Fund Activity: Q1 2015 in Review

99 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2015, worth a combined $495M — down 6.5% from $530M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SRCE positions and 2 closed out — a net gain of 8 holders — while 29 added to existing stakes and 35 trimmed.

The largest buyer was Prudential Financial, adding an estimated $2.56M. The largest seller was Vanguard Group, cutting an estimated $4.89M.

  • 99 institutional investors held 1st Source (SRCE) as of Q1 2015, up from 91 in Q4 2014.
  • Funds reported $495M of 1st Source stock for Q1 2015, down 6.5% quarter-over-quarter.
  • 10 funds opened new 1st Source positions in Q1 2015 and 2 closed out, a net change of +8 holders.
  • The largest 1st Source buyer in Q1 2015 was Prudential Financial, an estimated $2.56M added.
  • The largest 1st Source seller in Q1 2015 was Vanguard Group, an estimated $4.89M sold.

Based on aggregated 13F filings for Q1 2015.