8 Knots Management LLC Invests $7 Million in Service Corporation International

The investment firm purchased a new stake in the funeral services company.

Mar. 15, 2026 at 7:22am

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8 Knots Management LLC purchased a new stake of 84,062 shares in Service Corporation International (NYSE:SCI) during the third quarter, valued at approximately $6,996,000. This represents around 0.8% of 8 Knots Management's holdings, making SCI the 17th largest position in the firm's portfolio.

Why it matters

The investment by 8 Knots Management, a prominent investment firm, in Service Corporation International, a leading provider of funeral and cemetery services, signals confidence in the company's long-term prospects. This could indicate positive market sentiment around the funeral services industry.

The details

According to the SEC filing, 8 Knots Management acquired the new stake of 84,062 shares in Service Corporation International during the third quarter. This investment represents approximately 0.06% ownership of the company by the investment firm. The purchase was part of 8 Knots Management's broader portfolio, with SCI being the 17th largest holding.

  • 8 Knots Management LLC purchased the new stake in Service Corporation International during the third quarter.

The players

8 Knots Management LLC

An investment management firm that purchased a new stake in Service Corporation International.

Service Corporation International

A leading provider of funeral, cremation and cemetery services in North America, operating over 1,900 funeral homes and 450 cemeteries across the United States and Canada.

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The takeaway

The investment by 8 Knots Management in Service Corporation International suggests the investment firm sees long-term value in the funeral services industry, which could signal positive market sentiment around the company and the sector as a whole.