Ameris Bancorp
ABCB
80 hedge funds and large institutions have $273M 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
16% more capital invested
Capital invested by funds: $236M → $273M (+$36.7M)
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 |
ABCB Hedge Fund Activity: Q3 2013 in Review
80 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q3 2013, worth a combined $273M — up 16% 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 $273M of Ameris Bancorp stock for Q3 2013, up 16% 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.