ServiceSource International, Inc.
SREV
SREV was delisted on the 20th of July, 2022.
64 hedge funds and large institutions have $53.8M invested in ServiceSource International, Inc. in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% less funds holding
Funds holding: 73 → 64 (-9)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
49% less capital invested
Capital invested by funds: $105M → $53.8M (-$51.1M)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
100% less call options, than puts
Call options by funds: $2K | Put options by funds: $474K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.32M |
| 3 |
Millennium Management
New York
|
+$729K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$503K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$448K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$3.14M |
| 2 |
HM
HCSF Management
San Francisco,
California
|
-$1.38M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.38M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.05M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$567K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
76
Paloma Partners
Greenwich,
Connecticut
| – | -$53K | -31,452 | Closed |
|
|
ARTA
77
A.R.T. Advisors
New York
| – | -$45K | -26,917 | Closed |
|
|
CSS
78
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$17K | -10,459 | Closed |
|
79
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16K | -9,870 | Closed |
|
SREV Hedge Fund Activity: Q1 2020 in Review
64 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in ServiceSource International, Inc. (SREV) for Q1 2020, worth a combined $53.8M — down 49% from $105M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SREV and 8 opened new positions — a net loss of 8 holders — while 21 trimmed existing stakes and 17 added.
The largest buyer was Edenbrook Capital, adding an estimated $2M. The largest seller was Primecap Management, cutting an estimated $3.14M.
- 64 institutional investors held ServiceSource International, Inc. (SREV) as of Q1 2020, down from 73 in Q4 2019.
- Funds reported $53.8M of ServiceSource International, Inc. stock for Q1 2020, down 49% quarter-over-quarter.
- 8 funds opened new ServiceSource International, Inc. positions in Q1 2020 and 16 closed out, a net change of -8 holders.
- The largest ServiceSource International, Inc. buyer in Q1 2020 was Edenbrook Capital, an estimated $2M added.
- The largest ServiceSource International, Inc. seller in Q1 2020 was Primecap Management, an estimated $3.14M sold.
Based on aggregated 13F filings for Q1 2020.