1st Source
SRCE
116 hedge funds and large institutions have $1B invested in 1st Source in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 41 reducing their positions, and 9 closing their positions.
5% more capital invested
Capital invested by funds: $949M → $1B (+$51.8M)
2.43% more ownership
Funds ownership: 69.72% → 72.15% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 121 → 116 (-5)
15% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 41
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$2.97M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.77M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.32M |
| 4 |
Renaissance Technologies
New York
|
+$2.03M |
| 5 |
BlackRock
New York
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.05M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3.58M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.84M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.28M |
| 5 |
Goldman Sachs
New York
|
-$1.18M |
SRCE Hedge Fund Activity: Q2 2018 in Review
116 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2018, worth a combined $1B — up 5.5% from $949M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SRCE and 5 opened new positions — a net loss of 4 holders — while 41 trimmed existing stakes and 35 added.
The largest buyer was Janus Henderson Group, adding an estimated $2.97M. The largest seller was Millennium Management, cutting an estimated $9.05M.
- 116 institutional investors held 1st Source (SRCE) as of Q2 2018, down from 121 in Q1 2018.
- Funds reported $1B of 1st Source stock for Q2 2018, up 5.5% quarter-over-quarter.
- 5 funds opened new 1st Source positions in Q2 2018 and 9 closed out, a net change of -4 holders.
- The largest 1st Source buyer in Q2 2018 was Janus Henderson Group, an estimated $2.97M added.
- The largest 1st Source seller in Q2 2018 was Millennium Management, an estimated $9.05M sold.
Based on aggregated 13F filings for Q2 2018.