Ameris Bancorp
ABCB
106 hedge funds and large institutions have $460M invested in Ameris Bancorp in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 27 increasing their positions, 42 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
22% more capital invested
Capital invested by funds: $377M → $460M (+$82.8M)
8% more funds holding
Funds holding: 98 → 106 (+8)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 42
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$12.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.45M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$2.7M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$4.23M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.36M |
| 3 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
-$2.75M |
| 4 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$2.71M |
| 5 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of America
Charlotte,
North Carolina
| $10K | -$27.9K | -1,128 | -74% |
|
102
Group One Trading
Chicago,
Illinois
| $10K | – | – | – |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| $8K | -$14.6K | -591 | -65% |
|
|
MPWT
104
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $5.15K | +$816 | +33 | +20% |
|
105
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
KCM
106
KeyPoint Capital Management
Dallas,
Texas
| – | -$2.75M | -125,102 | Closed |
|
|
CRC
107
Curi RMB Capital
Chicago,
Illinois
| – | -$1.79M | -81,595 | Closed |
|
|
NCCM
108
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$353K | -16,100 | Closed |
|
|
AIU
109
Algebris Investments (UK)
London,
United Kingdom
| – | -$285K | -13,000 | Closed |
|
110
ProShare Advisors
Bethesda,
Maryland
| – | -$217K | -9,883 | Closed |
|
111
Stifel Financial
St. Louis,
Missouri
| – | -$203K | -9,226 | Closed |
|
|
PFP
112
Patriot Financial Partners
Radnor,
Pennsylvania
| – | -$34K | -1,562 | Closed |
|
113
BNP Paribas Financial Markets
Paris,
France
| – | -$32.4K | -1,477 | Closed |
|
ABCB Hedge Fund Activity: Q4 2014 in Review
106 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q4 2014, worth a combined $460M — up 22% from $377M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ABCB positions and 8 closed out — a net gain of 10 holders — while 27 added to existing stakes and 42 trimmed.
The largest buyer was Polaris Capital Management, opening a new position worth an estimated $12.5M. The largest seller was Investment Counselors of Maryland, cutting an estimated $4.23M.
- 106 institutional investors held Ameris Bancorp (ABCB) as of Q4 2014, up from 98 in Q3 2014.
- Funds reported $460M of Ameris Bancorp stock for Q4 2014, up 22% quarter-over-quarter.
- 18 funds opened new Ameris Bancorp positions in Q4 2014 and 8 closed out, a net change of +10 holders.
- The largest Ameris Bancorp buyer in Q4 2014 was Polaris Capital Management, an estimated $12.5M added.
- The largest Ameris Bancorp seller in Q4 2014 was Investment Counselors of Maryland, an estimated $4.23M sold.
Based on aggregated 13F filings for Q4 2014.