Ameris Bancorp
ABCB
80 hedge funds and large institutions have $260M invested in Ameris Bancorp in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 24
10% more capital invested
Capital invested by funds: $236M → $260M (+$23.5M)
10% more funds holding
Funds holding: 73 → 80 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$10.5M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$6.16M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$1.6M |
| 4 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$1.58M |
| 5 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.99M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.51M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.07M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$1.96M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $13.2K | – | – | – |
|
77
BlackRock
New York
| $13K | – | – | – |
|
|
PCM
78
Prelude Capital Management
New York
| $5K | +$5.47K | +290 | New |
|
79
Barclays
London,
United Kingdom
| $4K | -$8.82K | -468 | -66% |
|
80
M&T Bank
Buffalo,
New York
| $2K | – | – | – |
|
81
First Trust Advisors
Wheaton,
Illinois
| – | -$567K | -33,637 | Closed |
|
82
Principal Financial Group
Des Moines,
Iowa
| – | -$185K | -10,989 | Closed |
|
ABCB Hedge Fund Activity: Q3 2013 in Review
80 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q3 2013, worth a combined $260M — up 9.9% from $236M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ABCB positions and 2 closed out — a net gain of 7 holders — while 32 added to existing stakes and 24 trimmed.
The largest buyer was Russell Frank Company, adding an estimated $10.5M. The largest seller was Ameriprise, cutting an estimated $3.99M.
- 80 institutional investors held Ameris Bancorp (ABCB) as of Q3 2013, up from 73 in Q2 2013.
- Funds reported $260M of Ameris Bancorp stock for Q3 2013, up 9.9% quarter-over-quarter.
- 9 funds opened new Ameris Bancorp positions in Q3 2013 and 2 closed out, a net change of +7 holders.
- The largest Ameris Bancorp buyer in Q3 2013 was Russell Frank Company, an estimated $10.5M added.
- The largest Ameris Bancorp seller in Q3 2013 was Ameriprise, an estimated $3.99M sold.
Based on aggregated 13F filings for Q3 2013.