ServiceSource International, Inc.
SREV
SREV was delisted on the 20th of July, 2022.
103 hedge funds and large institutions have $577M invested in ServiceSource International, Inc. in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 34 closing their positions.
2,414% more call options, than puts
Call options by funds: $22M | Put options by funds: $874K
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
1% more capital invested
Capital invested by funds: $570M → $577M (+$6.4M)
18% less funds holding
Funds holding: 125 → 103 (-22)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$24.5M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
+$15.9M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
+$9.06M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.99M |
| 5 |
Bank of New York Mellon
New York
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.6M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$20.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$8.11M |
| 4 |
JG
Jefferies Group
New York
|
-$4.48M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
126
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$213K | -25,376 | Closed |
|
|
FMA
127
FNY Managed Accounts
New York
| – | -$130K | -15,500 | Closed |
|
|
FNYS
128
First New York Securities
New York
| – | -$126K | -15,000 | Closed |
|
129
Goldman Sachs
New York
| – | -$102K | -12,166 | Closed |
|
|
PI
130
Placemark Investments
Chicago,
Illinois
| – | -$97K | -11,606 | Closed |
|
|
HI
131
HBK Investments
Dallas,
Texas
| – | -$93K | -11,100 | Closed |
|
|
PM
132
Parametrica Management
Wanchai,
Hong Kong
| – | -$87K | -10,422 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$21K | -2,454 | Closed |
|
|
ASN
134
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -405 | Closed |
|
135
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -131 | Closed |
|
136
Credit Agricole
Montrouge Cedex,
France
| – | -$1K | -122 | Closed |
|
SREV Hedge Fund Activity: Q1 2014 in Review
103 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in ServiceSource International, Inc. (SREV) for Q1 2014, worth a combined $577M — up 1.1% from $570M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SREV and 14 opened new positions — a net loss of 20 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Primecap Management, opening a new position worth an estimated $24.5M. The largest seller was Wellington Management Group, cutting an estimated $23.6M.
- 103 institutional investors held ServiceSource International, Inc. (SREV) as of Q1 2014, down from 125 in Q4 2013.
- Funds reported $577M of ServiceSource International, Inc. stock for Q1 2014, up 1.1% quarter-over-quarter.
- 14 funds opened new ServiceSource International, Inc. positions in Q1 2014 and 34 closed out, a net change of -20 holders.
- The largest ServiceSource International, Inc. buyer in Q1 2014 was Primecap Management, an estimated $24.5M added.
- The largest ServiceSource International, Inc. seller in Q1 2014 was Wellington Management Group, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2014.