Ameris Bancorp
ABCB
142 hedge funds and large institutions have $830M invested in Ameris Bancorp in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 38 reducing their positions, and 11 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 38
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
2% more funds holding
Funds holding: 139 → 142 (+3)
1% more capital invested
Capital invested by funds: $820M → $830M (+$9.9M)
Top Buyers
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$18.2M |
| 2 |
AC
Alpenglow Capital
San Carlos,
California
|
+$12M |
| 3 |
Goldman Sachs
New York
|
+$9.5M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$4.81M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.13M |
Top Sellers
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$14.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.8M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$10.8M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$9.79M |
| 5 |
Renaissance Technologies
New York
|
-$3.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -240 | Closed |
|
ABCB Hedge Fund Activity: Q2 2016 in Review
142 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q2 2016, worth a combined $830M — up 1.2% from $820M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ABCB positions and 11 closed out — a net gain of 4 holders — while 57 added to existing stakes and 38 trimmed.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $18.2M. The largest seller was EJF Capital, exiting entirely with an estimated $14.8M sold.
- 142 institutional investors held Ameris Bancorp (ABCB) as of Q2 2016, up from 139 in Q1 2016.
- Funds reported $830M of Ameris Bancorp stock for Q2 2016, up 1.2% quarter-over-quarter.
- 15 funds opened new Ameris Bancorp positions in Q2 2016 and 11 closed out, a net change of +4 holders.
- The largest Ameris Bancorp buyer in Q2 2016 was GW&K Investment Management, an estimated $18.2M added.
- The largest Ameris Bancorp seller in Q2 2016 was EJF Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2016.