AmeriServ Financial
ASRV
36 hedge funds and large institutions have $19.1M invested in AmeriServ Financial in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
6% more funds holding
Funds holding: 34 → 36 (+2)
0.49% less ownership
Funds ownership: 40.39% → 39.9% (-0.49%)
10% less capital invested
Capital invested by funds: $21.2M → $19.1M (-$2.03M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFP
Verus Financial Partners
Richmond,
Virginia
|
+$121K |
| 2 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$82.7K |
| 3 |
GJL
Gendell Jeffrey L
|
+$34.4K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$21.4K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$8.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
-$280K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$141K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$53.1K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.77K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Charles Schwab
San Francisco,
California
| $31K | – | – | – |
|
|
STB
27
S&T Bank
Indiana,
Pennsylvania
| $28K | – | – | – |
|
|
PH
28
Pinnacle Holdings
Tulsa,
Oklahoma
| $4.22K | -$280K | -98,030 | -98% |
|
|
29
UBS Group
Zurich,
Switzerland
| $3K | -$4.44K | -1,556 | -62% |
|
30
Wells Fargo
San Francisco,
California
| $1K | -$29 | -10 | -2% |
|
31
Morgan Stanley
New York
| – | -$3K | -836 | Closed |
|
32
JP Morgan Chase
New York
| – | +$6 | +2 | +18% |
|
33
Bank of America
Charlotte,
North Carolina
| – | +$439 | +154 | New |
|
ASRV Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AmeriServ Financial (ASRV) for Q3 2020, worth a combined $19.1M — down 9.6% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ASRV positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Verus Financial Partners, opening a new position worth an estimated $121K. The largest seller was Pinnacle Holdings, cutting an estimated $280K.
- 36 institutional investors held AmeriServ Financial (ASRV) as of Q3 2020, up from 34 in Q2 2020.
- Funds reported $19.1M of AmeriServ Financial stock for Q3 2020, down 9.6% quarter-over-quarter.
- 3 funds opened new AmeriServ Financial positions in Q3 2020 and 1 closed out, a net change of +2 holders.
- The largest AmeriServ Financial buyer in Q3 2020 was Verus Financial Partners, an estimated $121K added.
- The largest AmeriServ Financial seller in Q3 2020 was Pinnacle Holdings, an estimated $280K sold.
Based on aggregated 13F filings for Q3 2020.