1st Source
SRCE
96 hedge funds and large institutions have $533M invested in 1st Source in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 7 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital inflows, than outflows
Capital inflows: $11.8M | Capital outflows: $12.6M
3% less funds holding
Funds holding: 99 → 96 (-3)
5.99% less ownership
Funds ownership: 65.7% → 59.71% (-6%)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.64M |
| 2 |
Numeric Investors
Boston,
Massachusetts
|
+$1.85M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.74M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$630K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.5M |
| 2 |
BlackRock Institutional Trust
San Francisco,
California
|
-$1.47M |
| 3 |
Reinhart Partners
Mequon,
Wisconsin
|
-$1.01M |
| 4 |
Eaton Vance Management
Boston,
Massachusetts
|
-$999K |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
-$931K |
SRCE Hedge Fund Activity: Q2 2015 in Review
96 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2015, worth a combined $533M — up 6% from $503M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SRCE and 4 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 36 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $2.64M. The largest seller was Fidelity Investments, cutting an estimated $1.5M.
- 96 institutional investors held 1st Source (SRCE) as of Q2 2015, down from 99 in Q1 2015.
- Funds reported $533M of 1st Source stock for Q2 2015, up 6% quarter-over-quarter.
- 4 funds opened new 1st Source positions in Q2 2015 and 7 closed out, a net change of -3 holders.
- The largest 1st Source buyer in Q2 2015 was Wellington Management Group, an estimated $2.64M added.
- The largest 1st Source seller in Q2 2015 was Fidelity Investments, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2015.