1st Source
SRCE
143 hedge funds and large institutions have $871M invested in 1st Source in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 53 reducing their positions, and 7 closing their positions.
573% more call options, than puts
Call options by funds: $74K | Put options by funds: $11K
286% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more funds holding
Funds holding: 124 → 143 (+19)
4% more capital invested
Capital invested by funds: $841M → $871M (+$29.7M)
7.15% less ownership
Funds ownership: 73.68% → 66.53% (-7.1%)
17% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.53M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.96M |
| 3 |
BlackRock
New York
|
+$2.7M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$2.43M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$9.2M |
| 2 |
JP Morgan Chase
New York
|
-$5.38M |
| 3 |
Goldman Sachs
New York
|
-$1.93M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.32M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.18M |
SRCE Hedge Fund Activity: Q4 2022 in Review
143 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in 1st Source (SRCE) for Q4 2022, worth a combined $871M — up 3.5% from $841M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SRCE positions and 7 closed out — a net gain of 20 holders — while 44 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.53M. The largest seller was 1ST Source Bank, cutting an estimated $9.2M.
- 143 institutional investors held 1st Source (SRCE) as of Q4 2022, up from 124 in Q3 2022.
- Funds reported $871M of 1st Source stock for Q4 2022, up 3.5% quarter-over-quarter.
- 27 funds opened new 1st Source positions in Q4 2022 and 7 closed out, a net change of +20 holders.
- The largest 1st Source buyer in Q4 2022 was Millennium Management, an estimated $4.53M added.
- The largest 1st Source seller in Q4 2022 was 1ST Source Bank, an estimated $9.2M sold.
Based on aggregated 13F filings for Q4 2022.