Ameris Bancorp
ABCB
97 hedge funds and large institutions have $370M invested in Ameris Bancorp in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 27 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
15% more capital invested
Capital invested by funds: $321M → $370M (+$49.4M)
9% more funds holding
Funds holding: 89 → 97 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.68M |
| 2 |
CP
Clover Partners
Dallas,
Texas
|
+$4.44M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.38M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$4.27M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$10.8M |
| 2 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
-$2.25M |
| 3 |
Two Sigma Investments
New York
|
-$1.02M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$921K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$907K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NI
101
Numeric Investors
Boston,
Massachusetts
| – | -$416K | -19,685 | Closed |
|
|
GCP
102
GSA Capital Partners
London,
United Kingdom
| – | -$318K | -15,081 | Closed |
|
|
BGIM
103
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$307K | -14,500 | Closed |
|
|
SSWM
104
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$299K | -14,143 | Closed |
|
|
PP
105
PDT Partners
New York
| – | -$267K | -12,644 | Closed |
|
|
CRC
106
Curi RMB Capital
Chicago,
Illinois
| – | -$253K | -12,000 | Closed |
|
107
Nomura Holdings
Tokyo,
Japan
| – | -$212K | -10,013 | Closed |
|
108
Credit Agricole
Montrouge Cedex,
France
| – | -$40K | -1,852 | Closed |
|
ABCB Hedge Fund Activity: Q1 2014 in Review
97 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q1 2014, worth a combined $370M — up 15% from $321M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ABCB positions and 11 closed out — a net gain of 9 holders — while 36 added to existing stakes and 27 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $4.68M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $10.8M.
- 97 institutional investors held Ameris Bancorp (ABCB) as of Q1 2014, up from 89 in Q4 2013.
- Funds reported $370M of Ameris Bancorp stock for Q1 2014, up 15% quarter-over-quarter.
- 20 funds opened new Ameris Bancorp positions in Q1 2014 and 11 closed out, a net change of +9 holders.
- The largest Ameris Bancorp buyer in Q1 2014 was Wellington Management Group, an estimated $4.68M added.
- The largest Ameris Bancorp seller in Q1 2014 was Bryn Mawr Capital Management Inc, an estimated $10.8M sold.
Based on aggregated 13F filings for Q1 2014.