AmeriServ Financial
ASRV
31 hedge funds and large institutions have $17.4M invested in AmeriServ Financial in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.22% less ownership
Funds ownership: 35.51% → 33.29% (-2.2%)
6% less funds holding
Funds holding: 33 → 31 (-2)
7% less capital invested
Capital invested by funds: $18.8M → $17.4M (-$1.37M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$662K |
| 2 |
DC
Dryden Capital
Miami,
Florida
|
+$101K |
| 3 |
GJL
Gendell Jeffrey L
|
+$53.6K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$52K |
| 5 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
+$5.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.79M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$215K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$71K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$50.1K |
| 5 |
Charles Schwab
San Francisco,
California
|
-$48.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $5K | +$1.94K | +504 | +40% |
|
|
CAL
27
Capital Advisors Ltd
Shaker Heights,
Ohio
| $4K | +$5.17K | +1,340 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$22K | -5,694 | -85% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $490 | +$440 | +114 | New |
|
30
Wells Fargo
San Francisco,
California
| $337 | +$4 | +1 | +0.9% |
|
|
MI
31
M3F Inc
Salt Lake City,
Utah
| – | -$1.79M | -454,366 | Closed |
|
|
32
Charles Schwab
San Francisco,
California
| – | -$48.4K | -12,324 | Closed |
|
33
Two Sigma Investments
New York
| – | -$46.4K | -11,769 | Closed |
|
|
MCC
34
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$1.97K | -500 | Closed |
|
|
FDCDDQ
35
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$1.18K | -300 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$71 | -18 | Closed |
|
37
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$4 | +1 | +1% |
|
ASRV Hedge Fund Activity: Q1 2023 in Review
31 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in AmeriServ Financial (ASRV) for Q1 2023, worth a combined $17.4M — down 7.3% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ASRV and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $662K. The largest seller was M3F Inc, exiting entirely with an estimated $1.79M sold.
- 31 institutional investors held AmeriServ Financial (ASRV) as of Q1 2023, down from 33 in Q4 2022.
- Funds reported $17.4M of AmeriServ Financial stock for Q1 2023, down 7.3% quarter-over-quarter.
- 4 funds opened new AmeriServ Financial positions in Q1 2023 and 6 closed out, a net change of -2 holders.
- The largest AmeriServ Financial buyer in Q1 2023 was Boothbay Fund Management, an estimated $662K added.
- The largest AmeriServ Financial seller in Q1 2023 was M3F Inc, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2023.