The cluster is dominated by small asset manager adds on one side and a single meaningful trim by Alps Advisors on the other. With no insider buying and a negative earnings catalyst, watch for further institutional selling in Q4 13F filings and any insider open-market activity.
How similar events traded
Executive Summary
A small institutional cluster in SCI shows mixed conviction: four asset managers added $2.0M in net new positions while two trimmed $6.9M, led by Alps Advisors cutting $6.8M. The cluster follows SCI's Q3 earnings miss and lowered full-year guidance, with no insider buying to corroborate the buying side.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$4.9M
▲ Buyers (4)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Creative Planning | ADD | +47.2% | $2.6M | $834.0K |
| Wealth Enhancement Advisory Services | ADD | +57% | $1.6M | $576.0K |
| Mather Group | DOUBLED | +928.2% | $31.0K | $28.0K |
| Hb Wealth Management | ADD | +64.1% | $1.3M | $515.0K |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Strs Ohio | TRIM | -35.6% | $215.0K | -$76.0K |
| Alps Advisors | TRIM | -46.6% | $14.6M | -$6.8M |
Key Facts
- 4 institutional buyers added $2.0M in net new positions during Q3 2026
- 2 institutional sellers trimmed $6.9M, with Alps Advisors accounting for $6.8M of the reduction
- SCI reported Q3 2026 adjusted EPS of $0.97 (missed consensus of $0.99 by 2.0%) and lowered full-year EPS guidance to $3.94-$4.04 from $4.05-$4.35
- No open-market insider buying was detected in the window (confluence score 25/100, verdict 'institutions_only')
Financial Impact
Net institutional selling of $4.9M across 6 filers; buyers added $2.0M while sellers reduced $6.9M
Risk Factors
- 13F data is 45+ days stale; positions may have been reversed since quarter-end
- Alps Advisors' $6.8M trim may signal broader institutional caution post-earnings miss
- Lowered full-year guidance could pressure fundamentals and attract more selling
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-SCI-2026-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 today | Press Release | $77.18 | awaiting T+20 | awaiting T+20 | No price |
Nov 3, 2026 1d ago | Institutional Cluster | $77.75 | awaiting T+20 | awaiting T+20 | No price |
Oct 28, 2026 6d ago | 8-K | No price | awaiting T+20 | awaiting T+20 | No price |
Oct 28, 2026 6d ago | Press Release | $75.17 | awaiting T+20 | awaiting T+20 | No price |
Oct 15, 2026 20d ago | Press Release | $80.83 | awaiting T+20 | awaiting T+20 | No price |
Aug 5, 2026 13w ago | Press Release | $85.34 $81.09 | ▼ −4.98% | ▼ −4.38% | No price |
Aug 4, 2026 13w ago | Insider Cluster | $85.52 $81.43 | ▼ −4.78% | ▼ −3.54% | No price |
Aug 4, 2026 13w ago | Insider Cluster | $85.52 $81.43 | ▼ −4.78% | ▼ −3.54% | No price |
Jul 29, 2026 13w ago | 8-K | $85.29 $83.47 | ▼ −2.13% | ▼ −6.10% | No price |
Jul 29, 2026 13w ago | Press Release | $85.29 $83.47 | ▼ −2.13% | ▼ −6.10% | No price |
US Market Status
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