Ameris Bancorp
ABCB
193 hedge funds and large institutions have $1.84B invested in Ameris Bancorp in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 69 increasing their positions, 57 reducing their positions, and 29 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 57
3% less funds holding
Funds holding: 199 → 193 (-6)
6.55% less ownership
Funds ownership: 91.38% → 84.84% (-6.5%)
8% less capital invested
Capital invested by funds: $2B → $1.84B (-$159M)
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
44% less call options, than puts
Call options by funds: $653K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$43.2M |
| 2 |
Goldman Sachs
New York
|
+$28.1M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$23.3M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$21.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$78.2M |
| 2 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$23M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$22M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$11M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$7.47M |
ABCB Hedge Fund Activity: Q3 2018 in Review
193 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q3 2018, worth a combined $1.84B — down 7.9% from $2B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ABCB and 24 opened new positions — a net loss of 5 holders — while 57 trimmed existing stakes and 69 added.
The largest buyer was Millennium Management, adding an estimated $43.2M. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $78.2M sold.
- 193 institutional investors held Ameris Bancorp (ABCB) as of Q3 2018, down from 199 in Q2 2018.
- Funds reported $1.84B of Ameris Bancorp stock for Q3 2018, down 7.9% quarter-over-quarter.
- 24 funds opened new Ameris Bancorp positions in Q3 2018 and 29 closed out, a net change of -5 holders.
- The largest Ameris Bancorp buyer in Q3 2018 was Millennium Management, an estimated $43.2M added.
- The largest Ameris Bancorp seller in Q3 2018 was Angelo Gordon & Co, an estimated $78.2M sold.
Based on aggregated 13F filings for Q3 2018.