1st Source
SRCE
119 hedge funds and large institutions have $751M invested in 1st Source in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
3% more funds holding
Funds holding: 115 → 119 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.68% less ownership
Funds ownership: 72.33% → 71.65% (-0.68%)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
24% less capital invested
Capital invested by funds: $988M → $751M (-$238M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.21M |
| 2 |
BlackRock
New York
|
+$1.68M |
| 3 |
Morgan Stanley
New York
|
+$1.52M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$9.98M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.09M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.75M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.33M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$898K |
SRCE Hedge Fund Activity: Q4 2018 in Review
119 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2018, worth a combined $751M — down 24% from $988M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SRCE positions and 4 closed out — a net gain of 4 holders — while 34 added to existing stakes and 44 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $2.21M. The largest seller was Janus Henderson Group, cutting an estimated $9.98M.
- 119 institutional investors held 1st Source (SRCE) as of Q4 2018, up from 115 in Q3 2018.
- Funds reported $751M of 1st Source stock for Q4 2018, down 24% quarter-over-quarter.
- 8 funds opened new 1st Source positions in Q4 2018 and 4 closed out, a net change of +4 holders.
- The largest 1st Source buyer in Q4 2018 was Goldman Sachs, an estimated $2.21M added.
- The largest 1st Source seller in Q4 2018 was Janus Henderson Group, an estimated $9.98M sold.
Based on aggregated 13F filings for Q4 2018.