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1st Source

105 hedge funds and large institutions have $860M invested in 1st Source in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 45 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $785M → $860M (+$74.6M)

0.13% more ownership

Funds ownership: 67.98%68.11% (+0.13%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less funds holding

Funds holding: 115105 (-10)

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

36% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 45

Holders
105
Holders Change
-10
Holders Change %
-8.7%
% of All Funds
2.61%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
29
Reduced
45
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1SB
1
1ST Source Bank
Indiana
$346M -$5.32M -116,664 -2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$104M -$181K -3,975 -0.2%
BlackRock
3
BlackRock
New York
$50.9M +$49.2M +1,079,672 +28,853%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$49.9M +$36.4M +797,158 +301%
Vanguard Group
5
Vanguard Group
Pennsylvania
$32.2M -$2.39M -52,413 -7%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32M +$3.69M +80,852 +13%
AllianceBernstein
7
AllianceBernstein
Tennessee
$24.4M +$885K +19,410 +4%
State Street
8
State Street
Massachusetts
$13.7M -$612K -13,422 -4%
Norges Bank
9
Norges Bank
Norway
$13.6M +$1.83M +40,137 +16%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$13.4M +$2.98M +65,300 +30%
JP Morgan Chase
11
JP Morgan Chase
New York
$13.1M -$355K -7,792 -3%
Northern Trust
12
Northern Trust
Illinois
$12M +$714K +15,665 +7%
PIM
13
Perkins Investment Management
Illinois
$11.1M +$10.8M +235,806 New
BTW
14
Boston Trust Walden
Massachusetts
$9.48M -$919K -20,153 -9%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$7.36M +$308K +6,756 +5%
AQR Capital Management
16
AQR Capital Management
Connecticut
$6.59M +$3.03M +66,372 +90%
Charles Schwab
17
Charles Schwab
California
$6.28M +$1.17M +25,721 +24%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$5.54M +$318K +6,974 +6%
BCM
19
Bridgeway Capital Management
Texas
$5.5M -$1.25M -27,500 -19%
KCM
20
Kennedy Capital Management
Missouri
$4.88M -$188K -4,123 -4%
First Trust Advisors
21
First Trust Advisors
Illinois
$4.78M +$250K +5,487 +6%
EMFAT
22
Emerald Mutual Fund Advisers Trust
Pennsylvania
$4.7M
Renaissance Technologies
23
Renaissance Technologies
New York
$4.48M -$86.6K -1,900 -2%
CAM
24
ClariVest Asset Management
California
$4.22M +$789K +17,300 +24%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$4.21M +$789K +17,300 +24%

SRCE Hedge Fund Activity: Q1 2017 in Review

105 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2017, worth a combined $860M — up 9.5% from $785M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of SRCE and 13 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 29 added.

The largest buyer was BlackRock, adding an estimated $49.2M. The largest seller was Prudential Financial, cutting an estimated $5.63M.

  • 105 institutional investors held 1st Source (SRCE) as of Q1 2017, down from 115 in Q4 2016.
  • Funds reported $860M of 1st Source stock for Q1 2017, up 9.5% quarter-over-quarter.
  • 13 funds opened new 1st Source positions in Q1 2017 and 17 closed out, a net change of -4 holders.
  • The largest 1st Source buyer in Q1 2017 was BlackRock, an estimated $49.2M added.
  • The largest 1st Source seller in Q1 2017 was Prudential Financial, an estimated $5.63M sold.

Based on aggregated 13F filings for Q1 2017.