ServiceSource International, Inc.
SREV
SREV was delisted on the 20th of July, 2022.
75 hedge funds and large institutions have $104M invested in ServiceSource International, Inc. in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 8 closing their positions.
84% more call options, than puts
Call options by funds: $107K | Put options by funds: $58K
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
3% less funds holding
Funds holding: 77 → 75 (-2)
15% less capital invested
Capital invested by funds: $122M → $104M (-$18.1M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$860K |
| 2 |
BlackRock
New York
|
+$680K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$647K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$639K |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$378K |
| 2 |
Millennium Management
New York
|
-$207K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$181K |
| 4 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
-$164K |
| 5 |
State Street
Boston,
Massachusetts
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$55K | -31,357 | Closed |
|
|
CS
77
Credit Suisse
Zurich,
Switzerland
| – | -$48K | -27,579 | Closed |
|
78
SG Americas Securities
New York
| – | -$39K | -22,209 | Closed |
|
79
Jane Street
New York
| – | -$21K | -11,726 | Closed |
|
80
Victory Capital Management
San Antonio,
Texas
| – | -$19K | -10,680 | Closed |
|
|
BFEC
81
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -1,000 | Closed |
|
|
OSAM
82
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$777 | -471 | -63% |
|
|
PHK
83
Point72 Hong Kong
Hong Kong
| – | +$482 | +292 | New |
|
SREV Hedge Fund Activity: Q1 2021 in Review
75 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ServiceSource International, Inc. (SREV) for Q1 2021, worth a combined $104M — down 15% from $122M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SREV and 6 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 23 added.
The largest buyer was Edenbrook Capital, adding an estimated $860K. The largest seller was Acadian Asset Management, cutting an estimated $378K.
- 75 institutional investors held ServiceSource International, Inc. (SREV) as of Q1 2021, down from 77 in Q4 2020.
- Funds reported $104M of ServiceSource International, Inc. stock for Q1 2021, down 15% quarter-over-quarter.
- 6 funds opened new ServiceSource International, Inc. positions in Q1 2021 and 8 closed out, a net change of -2 holders.
- The largest ServiceSource International, Inc. buyer in Q1 2021 was Edenbrook Capital, an estimated $860K added.
- The largest ServiceSource International, Inc. seller in Q1 2021 was Acadian Asset Management, an estimated $378K sold.
Based on aggregated 13F filings for Q1 2021.