Ameris Bancorp
ABCB
192 hedge funds and large institutions have $1.32B invested in Ameris Bancorp in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 68 increasing their positions, 63 reducing their positions, and 30 closing their positions.
606% more call options, than puts
Call options by funds: $5.3M | Put options by funds: $750K
8% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 63
0.25% less ownership
Funds ownership: 84.16% → 83.91% (-0.25%)
4% less capital invested
Capital invested by funds: $1.37B → $1.32B (-$51.7M)
7% less funds holding
Funds holding: 207 → 192 (-15)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$11M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$9.83M |
| 3 |
BlackRock
New York
|
+$5.42M |
| 4 |
Millennium Management
New York
|
+$5.35M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$7.24M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.18M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.59M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.02M |
ABCB Hedge Fund Activity: Q3 2020 in Review
192 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ameris Bancorp (ABCB) for Q3 2020, worth a combined $1.32B — down 3.8% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ABCB and 17 opened new positions — a net loss of 13 holders — while 63 trimmed existing stakes and 68 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $11M. The largest seller was Wellington Management Group, cutting an estimated $10.3M.
- 192 institutional investors held Ameris Bancorp (ABCB) as of Q3 2020, down from 207 in Q2 2020.
- Funds reported $1.32B of Ameris Bancorp stock for Q3 2020, down 3.8% quarter-over-quarter.
- 17 funds opened new Ameris Bancorp positions in Q3 2020 and 30 closed out, a net change of -13 holders.
- The largest Ameris Bancorp buyer in Q3 2020 was Basswood Capital Management, an estimated $11M added.
- The largest Ameris Bancorp seller in Q3 2020 was Wellington Management Group, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2020.