AmeriServ Financial
ASRV
32 hedge funds and large institutions have $17.7M invested in AmeriServ Financial in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
13% more capital invested
Capital invested by funds: $15.7M → $17.7M (+$2.04M)
3% more funds holding
Funds holding: 31 → 32 (+1)
2.56% less ownership
Funds ownership: 34.53% → 31.96% (-2.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$439K |
| 2 |
GJL
Gendell Jeffrey L
|
+$259K |
| 3 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$52.7K |
| 4 |
OC
Oppenheimer & Close
New York
|
+$44.4K |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$26.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$41.9K |
| 2 |
Renaissance Technologies
New York
|
-$26.4K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$20.4K |
| 4 |
BlackRock
New York
|
-$1.19K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.19K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SL
26
Salomon & Ludwin
Richmond,
Virginia
| $3.2K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $1.17K | +$1K | +362 | New |
|
28
Wells Fargo
San Francisco,
California
| $385 | +$17 | +6 | +5% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $369 | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $29 | +$25 | +9 | New |
|
31
Morgan Stanley
New York
| $10 | +$3 | +1 | +100% |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$41.9K | -15,799 | Closed |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$3 | +1 | +1% |
|
ASRV Hedge Fund Activity: Q4 2023 in Review
32 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in AmeriServ Financial (ASRV) for Q4 2023, worth a combined $17.7M — up 13% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ASRV positions and 1 closed out — a net gain of 2 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $439K. The largest seller was Citadel Advisors, exiting entirely with an estimated $41.9K sold.
- 32 institutional investors held AmeriServ Financial (ASRV) as of Q4 2023, up from 31 in Q3 2023.
- Funds reported $17.7M of AmeriServ Financial stock for Q4 2023, up 13% quarter-over-quarter.
- 3 funds opened new AmeriServ Financial positions in Q4 2023 and 1 closed out, a net change of +2 holders.
- The largest AmeriServ Financial buyer in Q4 2023 was PNC Financial Services Group, an estimated $439K added.
- The largest AmeriServ Financial seller in Q4 2023 was Citadel Advisors, an estimated $41.9K sold.
Based on aggregated 13F filings for Q4 2023.