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1st Source

117 hedge funds and large institutions have $849M invested in 1st Source in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 48 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $829M → $849M (+$19.4M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.09% less ownership

Funds ownership: 71.37%71.27% (-0.09%)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

3% less funds holding

Funds holding: 120117 (-3)

19% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 48

Holders
117
Holders Change
-3
Holders Change %
-2.5%
% of All Funds
2.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
39
Reduced
48
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1SB
1
1ST Source Bank
Indiana
$336M +$732K +15,981 +0.2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$96.7M -$303K -6,618 -0.3%
BlackRock
3
BlackRock
New York
$52M -$3.28M -71,510 -6%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$48.5M +$1.06M +23,050 +2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$37.4M +$521K +11,373 +1%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$23.5M -$1.99M -43,464 -8%
AllianceBernstein
7
AllianceBernstein
Tennessee
$22.6M +$589K +12,853 +3%
State Street
8
State Street
Massachusetts
$16.8M +$403K +8,794 +2%
Renaissance Technologies
9
Renaissance Technologies
New York
$14.8M +$1.54M +33,500 +12%
Norges Bank
10
Norges Bank
Norway
$14.6M
Northern Trust
11
Northern Trust
Illinois
$12.2M +$17K +370 +0.1%
JP Morgan Chase
12
JP Morgan Chase
New York
$12.1M +$353K +7,709 +3%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$11.4M +$565K +12,321 +5%
BTW
14
Boston Trust Walden
Massachusetts
$11.2M -$231K -5,033 -2%
USAA
15
United Services Automobile Association
Texas
$9.38M +$290K +6,320 +3%
Goldman Sachs
16
Goldman Sachs
New York
$8.64M -$165K -3,604 -2%
Millennium Management
17
Millennium Management
New York
$7.34M -$334K -7,296 -4%
Charles Schwab
18
Charles Schwab
California
$6.7M -$33.3K -727 -0.5%
RP
19
Reinhart Partners
Wisconsin
$6.66M +$986K +21,526 +18%
KCM
20
Kennedy Capital Management
Missouri
$5.96M -$861K -18,800 -13%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$5.87M -$98K -2,139 -2%
AQR Capital Management
22
AQR Capital Management
Connecticut
$4.73M -$126K -2,754 -3%
N
23
Nuveen
North Carolina
$4.37M +$4.31M +94,110 New
AL
24
AJO LP
Pennsylvania
$4.23M -$1.13M -24,609 -21%
MAM
25
Martingale Asset Management
Massachusetts
$3.77M +$678K +14,800 +22%

SRCE Hedge Fund Activity: Q2 2019 in Review

117 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q2 2019, worth a combined $849M — up 2.3% from $829M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of SRCE and 11 opened new positions — a net loss of 1 holder — while 48 trimmed existing stakes and 39 added.

The largest buyer was Nuveen, opening a new position worth an estimated $4.31M. The largest seller was BlackRock, cutting an estimated $3.28M.

  • 117 institutional investors held 1st Source (SRCE) as of Q2 2019, down from 120 in Q1 2019.
  • Funds reported $849M of 1st Source stock for Q2 2019, up 2.3% quarter-over-quarter.
  • 11 funds opened new 1st Source positions in Q2 2019 and 12 closed out, a net change of -1 holder.
  • The largest 1st Source buyer in Q2 2019 was Nuveen, an estimated $4.31M added.
  • The largest 1st Source seller in Q2 2019 was BlackRock, an estimated $3.28M sold.

Based on aggregated 13F filings for Q2 2019.