1st Source
SRCE
115 hedge funds and large institutions have $988M invested in 1st Source in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 8 closing their positions.
0.18% more ownership
Funds ownership: 72.15% → 72.33% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 116 → 115 (-1)
1% less capital invested
Capital invested by funds: $1B → $988M (-$12.4M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.43M |
| 2 |
Goldman Sachs
New York
|
+$4.06M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.13M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$538K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$534K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$1.4M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$1.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.02M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$919K |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$765K |
SRCE Hedge Fund Activity: Q3 2018 in Review
115 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q3 2018, worth a combined $988M — down 1.2% from $1B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SRCE and 7 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 31 added.
The largest buyer was Millennium Management, adding an estimated $4.43M. The largest seller was ClariVest Asset Management, cutting an estimated $1.4M.
- 115 institutional investors held 1st Source (SRCE) as of Q3 2018, down from 116 in Q2 2018.
- Funds reported $988M of 1st Source stock for Q3 2018, down 1.2% quarter-over-quarter.
- 7 funds opened new 1st Source positions in Q3 2018 and 8 closed out, a net change of -1 holder.
- The largest 1st Source buyer in Q3 2018 was Millennium Management, an estimated $4.43M added.
- The largest 1st Source seller in Q3 2018 was ClariVest Asset Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2018.