1st Source
SRCE
130 hedge funds and large institutions have $891M invested in 1st Source in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $763M → $891M (+$128M)
6% more funds holding
Funds holding: 123 → 130 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.41% less ownership
Funds ownership: 73.87% → 71.46% (-2.4%)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$9.48M |
| 2 |
BlackRock
New York
|
+$6.76M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.52M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.44M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.24M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.98M |
| 3 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$3.64M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.29M |
| 5 |
Renaissance Technologies
New York
|
-$3.18M |
SRCE Hedge Fund Activity: Q1 2021 in Review
130 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q1 2021, worth a combined $891M — up 17% from $763M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SRCE positions and 9 closed out — a net gain of 9 holders — while 36 added to existing stakes and 45 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $9.48M. The largest seller was Norges Bank, cutting an estimated $5.24M.
- 130 institutional investors held 1st Source (SRCE) as of Q1 2021, up from 123 in Q4 2020.
- Funds reported $891M of 1st Source stock for Q1 2021, up 17% quarter-over-quarter.
- 18 funds opened new 1st Source positions in Q1 2021 and 9 closed out, a net change of +9 holders.
- The largest 1st Source buyer in Q1 2021 was AllianceBernstein, an estimated $9.48M added.
- The largest 1st Source seller in Q1 2021 was Norges Bank, an estimated $5.24M sold.
Based on aggregated 13F filings for Q1 2021.