1ST SOURCE CORP SRCE
COM · Common Stock · CUSIP 336901103
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersSouth Bend, IN
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.2m this quarter). Holder counts are more reliable. Shares outstanding: 24.6m as of 2025-02-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $58.38. Options: 6 managers hold calls ($6.9m notional), 2 hold puts ($17.5k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 125 |
| Q4 2022 | 145 |
| Q1 2023 | 133 |
| Q2 2023 | 120 |
| Q3 2023 | 134 |
| Q4 2023 | 142 |
| Q1 2024 | 149 |
| Q2 2024 | 153 |
| Q3 2024 | 187 |
| Q4 2024 | 189 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 71 | 63 |
| Q2 2023 | 49 | 69 |
| Q3 2023 | 63 | 47 |
| Q4 2023 | 65 | 53 |
| Q1 2024 | 74 | 56 |
| Q2 2024 | 71 | 63 |
| Q3 2024 | 109 | 46 |
| Q4 2024 | 88 | 71 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $89.1k | $88.6k | 0.99 |
| Q2 2024 | $674.8k | $48.3k | 0.07 |
| Q3 2024 | $9.4m | $958.1k | 0.10 |
| Q4 2024 | $6.9m | $17.5k | 0.00 |
Biggest buyers
| BlackRock, Inc. | Added | +94.5k |
| Nuveen Asset Management, LLC | Added | +84.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +52.1k |
| UBS Group AG | Added | +46.8k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +44.6k |
| STATE STREET CORP | Added | +39.6k |
| CITADEL ADVISORS LLC | Added | +31.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +28.0k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +27.0k |
| SEI INVESTMENTS CO | Added | +25.5k |
Biggest sellers
| REINHART PARTNERS, LLC. | Sold out | -233.5k |
| JPMORGAN CHASE & CO | Reduced | -58.8k |
| 1ST SOURCE BANK | Reduced | -40.2k |
| MORGAN STANLEY | Reduced | -34.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -30.7k |
| HARBOR CAPITAL ADVISORS, INC. | Sold out | -28.1k |
| VANGUARD GROUP INC | Reduced | -23.8k |
| NORGES BANK | Reduced | -20.0k |
| JANE STREET GROUP, LLC | Reduced | -19.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -14.7k |
Biggest calls
| PEAK6 LLC | First filing | $2.1m36.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.1m35.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.5m26.4k shares |
| Caption Management, LLC | Unchanged | $1.0m17.3k shares |
| CITADEL ADVISORS LLC | Added | $163.5k2.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $17.5k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 6.0% |
Fell to 5% or below in the last year: Carmichael Oliver Cromwell III (4.9%, 2026-07-06), VANGUARD GROUP INC (0.0%, 2026-03-25)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 1 | $45.2k | 0 | — | — |
| Q2 2023 | 2 | $62.7k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $39.2k | — |
| Q2 2024 | 2 | $52.4k | 1 | $97.9k | — |
| Q3 2024 | 1 | $3.0k | 1 | $59.8k | — |
| Q4 2024 | 1 | $3.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-15 | BIRMINGHAM MELODY Director | Bought | $3.1k46 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| 1ST SOURCE BANK 17.82% of their portfolio | 5.3m $311.5m | Reduced -40.2k |
| BlackRock, Inc. 0.00% of their portfolio | 2.0m $114.3m | Added +94.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $89.4m | Added +1.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 927.4k $54.1m | Reduced -23.8k |
| STATE STREET CORP 0.00% of their portfolio | 606.8k $35.4m | Added +39.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 592.9k $34.6m | Added +6.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 540.6k $31.6m | Reduced -14.7k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 519.8k $30.3m | Added +13.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 434.3k $25.4m | Added +885 |
| Boston Trust Walden Corp 0.17% of their portfolio | 418.6k $24.4m | Reduced -6.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 260.1k $15.2m | Reduced -3.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 203.9k $11.9m | Added +52.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 196.6k $11.5m | Added +27.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 184.4k $10.8m | Added +9.2k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 176.9k $10.3m | Reduced -1.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 163.9k $9.6m | Added +10.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 142.0k $8.3m | Reduced -6.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 139.0k $8.1m | Added +84.4k |
| FMR LLC 0.00% of their portfolio | 132.8k $7.8m | Added +12.2k |
| MORGAN STANLEY 0.00% of their portfolio | 126.0k $7.4m | Reduced -34.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 123.3k $7.2m | Reduced -58.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 122.8k $7.2m | Added +1.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 119.6k $7.0m | Added +28.0k |
| DENALI ADVISORS LLC 0.70% of their portfolio | 114.0k $6.7m | Reduced -2.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 107.1k $6.3m | Reduced -485 |
| UBS Group AG 0.00% of their portfolio | 104.2k $6.1m | Added +46.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 93.5k $5.5m | Reduced -509 |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 78.9k $4.6m | Added +44.6k |
| Empowered Funds, LLC 0.07% of their portfolio | 76.5k $4.5m | Reduced -8.1k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.20% of their portfolio | 73.5k $4.3m | Added +1.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 68.9k $4.0m | Added +14.8k |
| MALTESE CAPITAL MANAGEMENT LLC 0.59% of their portfolio | 65.9k $3.8m | Added +1.1k |
| Granite Investment Partners, LLC 0.16% of their portfolio | 62.7k $3.7m | Reduced -6.6k |
| DEAN INVESTMENT ASSOCIATES, LLC 0.50% of their portfolio | 59.9k $3.5m | Added +849 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 58.8k $3.4m | Reduced -1.6k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 57.7k $3.4m | Added +10.8k |
| ISTHMUS PARTNERS, LLC 0.39% of their portfolio | 54.6k $3.2m | Added +328 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 53.5k $3.1m | Added +25.5k |
| NORGES BANK 0.00% of their portfolio | 51.1k $3.0m | Reduced -20.0k |
| Indiana Trust & Investment Management Co 0.91% of their portfolio | 46.0k $2.7m | Reduced -550 |
| BARCLAYS PLC 0.00% of their portfolio | 45.6k $2.7m | Added +4.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.06% of their portfolio | 44.0k $2.6m | Added +3.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 42.7k $2.5m | Reduced -30.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 42.4k $2.5m | Added +13.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 42.2k $2.5m | Added +656 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 40.9k $2.4m | Unchanged |
| Dean Capital Management 1.00% of their portfolio | 40.4k $2.4m | Added +3.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 38.8k $2.3m | Reduced -995 |
| VELA Investment Management, LLC 0.76% of their portfolio | 38.2k $2.2m | Added +8.1k |
| Invesco Ltd. 0.00% of their portfolio | 37.5k $2.2m | Added +465 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 36.8k $2.2m | Added +31.5k |
| Swiss National Bank 0.00% of their portfolio | 35.9k $2.1m | Unchanged |
| Values First Advisors, Inc. 1.15% of their portfolio | 35.8k $2.1m | Reduced -1.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 30.6k $1.8m | Reduced -2.7k |
| Linden Thomas Advisory Services, LLC 0.21% of their portfolio | 28.1k $1.6m | Reduced -27 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 27.4k $1.6m | Reduced -774 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 26.4k $1.5m | Added +3.1k |
| Campbell & CO Investment Adviser LLC 0.12% of their portfolio | 25.8k $1.5m | Reduced -10.4k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 25.7k $1.5m | Added +2.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 25.6k $1.5m | Added +6.9k |
| CITIGROUP INC 0.00% of their portfolio | 25.5k $1.5m | Added +594 |
| Legato Capital Management LLC 0.19% of their portfolio | 25.4k $1.5m | Added +2.3k |
| Rosenthal | Henry Capital Advisors, Inc. 1.35% of their portfolio | 25.0k $1.5m | Unchanged |
| Jackson Creek Investment Advisors LLC 0.42% of their portfolio | 23.7k $1.4m | Reduced -733 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 22.7k $1.3m | Reduced -4.8k |
| Legal & General Group Plc 0.00% of their portfolio | 21.4k $1.2m | Added +357 |
| HRT FINANCIAL LP 0.01% of their portfolio | 20.9k $1.2m | Added +9.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 19.9k $1.2m | Added +11.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 18.9k $1.1m | Added +1.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 17.2k $1.0m | Reduced -189 |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 17.1k $996.0k | New |
| IFG Advisory, LLC 0.06% of their portfolio | 16.8k $979.0k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 16.6k $970.6k | Added +6.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 16.6k $966.2k | Added +1.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.9k $930.4k | Reduced -19.2k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 15.3k $892.0k | New |
| FINANCIAL COUNSELORS INC 0.01% of their portfolio | 14.7k $857.2k | Reduced -1.2k |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 14.6k $854.3k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 14.4k $838.9k | Added +2.1k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 14.3k $833.5k | Reduced -2.2k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 13.7k $802.4k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 13.6k $793.3k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 12.2k $717.8k | Added +1.9k |
| Trexquant Investment LP 0.01% of their portfolio | 12.2k $709.7k | Reduced -4.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 12.1k $706.2k | Added +1.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.1k $704.3k | Reduced -12.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 11.9k $692.1k | Added +3.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 11.2k $654.9k | Added +612 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 11.1k $645.6k | Added +40 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 11.0k $643.2k | Added +7.0k |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 10.9k $633.7k | Reduced -542 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 10.5k $612.9k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 10.4k $609.7k | Added +388 |
| AlphaQuest LLC 0.08% of their portfolio | 10.3k $602.6k | Reduced -2.2k |
| Valeo Financial Advisors, LLC 0.02% of their portfolio | 10.1k $591.0k | Added +221 |
| LPL Financial LLC 0.00% of their portfolio | 9.8k $569.6k | Added +109 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 9.1k $532.7k | Reduced -688 |
| PDT Partners, LLC 0.05% of their portfolio | 8.7k $510.3k | Added +2.1k |
| SG Americas Securities, LLC 0.00% of their portfolio | 8.7k $508.0k | Added +2.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 8.6k $504.2k | Added +1.7k |