1st Source
SRCE
110 hedge funds and large institutions have $887M invested in 1st Source in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
32% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 31
5% more funds holding
Funds holding: 105 → 110 (+5)
3.29% more ownership
Funds ownership: 68.11% → 71.4% (+3.3%)
3% more capital invested
Capital invested by funds: $860M → $887M (+$27.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$17.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.54M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.51M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.33M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.5M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$2.23M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.99M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.89M |
SRCE Hedge Fund Activity: Q2 2017 in Review
110 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2017, worth a combined $887M — up 3.2% from $860M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SRCE positions and 8 closed out — a net gain of 6 holders — while 41 added to existing stakes and 31 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $17.9M. The largest seller was LSV Asset Management, exiting entirely with an estimated $3.33M sold.
- 110 institutional investors held 1st Source (SRCE) as of Q2 2017, up from 105 in Q1 2017.
- Funds reported $887M of 1st Source stock for Q2 2017, up 3.2% quarter-over-quarter.
- 14 funds opened new 1st Source positions in Q2 2017 and 8 closed out, a net change of +6 holders.
- The largest 1st Source buyer in Q2 2017 was Janus Henderson Group, an estimated $17.9M added.
- The largest 1st Source seller in Q2 2017 was LSV Asset Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q2 2017.