1st Source
SRCE
113 hedge funds and large institutions have $943M invested in 1st Source in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 39 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $887M → $943M (+$56.3M)
3% more funds holding
Funds holding: 110 → 113 (+3)
0.19% more ownership
Funds ownership: 71.4% → 71.59% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$2.64M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.31M |
| 3 |
Millennium Management
New York
|
+$2.23M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.1M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.59M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$980K |
| 5 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$653K |
SRCE Hedge Fund Activity: Q3 2017 in Review
113 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2017, worth a combined $943M — up 6.3% from $887M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SRCE positions and 4 closed out — a net gain of 3 holders — while 37 added to existing stakes and 39 trimmed.
The largest buyer was Boston Trust Walden, adding an estimated $2.64M. The largest seller was AllianceBernstein, cutting an estimated $4.7M.
- 113 institutional investors held 1st Source (SRCE) as of Q3 2017, up from 110 in Q2 2017.
- Funds reported $943M of 1st Source stock for Q3 2017, up 6.3% quarter-over-quarter.
- 7 funds opened new 1st Source positions in Q3 2017 and 4 closed out, a net change of +3 holders.
- The largest 1st Source buyer in Q3 2017 was Boston Trust Walden, an estimated $2.64M added.
- The largest 1st Source seller in Q3 2017 was AllianceBernstein, an estimated $4.7M sold.
Based on aggregated 13F filings for Q3 2017.