1st Source
SRCE
99 hedge funds and large institutions have $503M 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.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
9% more funds holding
Funds holding: 91 → 99 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $538M → $503M (-$35.7M)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$2.56M |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$1.97M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$839K |
| 5 |
1SB
1ST Source Bank
South Bend,
Indiana
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.89M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$2.06M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.59M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
-$1.44M |
| 5 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$747K |
SRCE Hedge Fund Activity: Q1 2015 in Review
99 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2015, worth a combined $503M — down 6.6% from $538M 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 $503M of 1st Source stock for Q1 2015, down 6.6% 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.