Ameris Bancorp
ABCB
139 hedge funds and large institutions have $820M invested in Ameris Bancorp in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 23 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
7% less funds holding
Funds holding: 149 → 139 (-10)
8% less capital invested
Capital invested by funds: $888M → $820M (-$68.2M)
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$15.8M |
| 2 |
Goldman Sachs
New York
|
+$14.5M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$14.2M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.58M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$35.1M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$9.6M |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$5.77M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.05M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$4.81M |
ABCB Hedge Fund Activity: Q1 2016 in Review
139 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q1 2016, worth a combined $820M — down 7.7% from $888M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ABCB and 14 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 69 added.
The largest buyer was NWQ Investment Management Company, adding an estimated $15.8M. The largest seller was Wellington Management Group, cutting an estimated $35.1M.
- 139 institutional investors held Ameris Bancorp (ABCB) as of Q1 2016, down from 149 in Q4 2015.
- Funds reported $820M of Ameris Bancorp stock for Q1 2016, down 7.7% quarter-over-quarter.
- 14 funds opened new Ameris Bancorp positions in Q1 2016 and 23 closed out, a net change of -9 holders.
- The largest Ameris Bancorp buyer in Q1 2016 was NWQ Investment Management Company, an estimated $15.8M added.
- The largest Ameris Bancorp seller in Q1 2016 was Wellington Management Group, an estimated $35.1M sold.
Based on aggregated 13F filings for Q1 2016.