1st Source
SRCE
106 hedge funds and large institutions have $611M invested in 1st Source in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 33 reducing their positions, and 8 closing their positions.
84% more capital inflows, than outflows
Capital inflows: $18M | Capital outflows: $9.7M
39% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 33
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0.82% more ownership
Funds ownership: 65.36% → 66.18% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 107 → 106 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kennedy Capital Management
St Louis,
Missouri
|
+$2.35M |
| 2 |
1ST Source Bank
South Bend,
Indiana
|
+$2.23M |
| 3 |
Boston Trust Walden
Boston,
Massachusetts
|
+$1.9M |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
+$1.46M |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Numeric Investors
Boston,
Massachusetts
|
-$2.41M |
| 2 |
Millennium Management
New York
|
-$861K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$763K |
| 4 |
Goldman Sachs
New York
|
-$651K |
| 5 |
Two Sigma Investments
New York
|
-$641K |
SRCE Hedge Fund Activity: Q3 2016 in Review
106 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2016, worth a combined $611M — up 12% from $548M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SRCE positions and 8 closed out — a net gain of 1 holder — while 46 added to existing stakes and 33 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $2.35M. The largest seller was Numeric Investors, cutting an estimated $2.41M.
- 106 institutional investors held 1st Source (SRCE) as of Q3 2016, down from 107 in Q2 2016.
- Funds reported $611M of 1st Source stock for Q3 2016, up 12% quarter-over-quarter.
- 9 funds opened new 1st Source positions in Q3 2016 and 8 closed out, a net change of +1 holder.
- The largest 1st Source buyer in Q3 2016 was Kennedy Capital Management, an estimated $2.35M added.
- The largest 1st Source seller in Q3 2016 was Numeric Investors, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2016.