AmeriServ Financial
ASRV
31 hedge funds and large institutions have $13.9M invested in AmeriServ Financial in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.77% less ownership
Funds ownership: 31.96% → 31.2% (-0.77%)
3% less funds holding
Funds holding: 32 → 31 (-1)
22% less capital invested
Capital invested by funds: $17.7M → $13.9M (-$3.82M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$357K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$308K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$102K |
| 4 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$23.9K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.02M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$247K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$57.7K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14K |
| 5 |
Renaissance Technologies
New York
|
-$3.26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$3.46K | +1,200 | New |
|
|
CAL
27
Capital Advisors Ltd
Shaker Heights,
Ohio
| $1K | +$588 | +204 | New |
|
28
Wells Fargo
San Francisco,
California
| $318 | +$9 | +3 | +3% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $296 | – | – | – |
|
30
Morgan Stanley
New York
| $4 | -$3 | -1 | -50% |
|
|
FL
31
Fourthstone LLC
St Louis,
Missouri
| – | -$1.02M | -316,428 | Closed |
|
|
BCM
32
BHZ Capital Management
San Jose,
California
| – | -$247K | -76,277 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$1.17K | -362 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | -$29 | -9 | Closed |
|
35
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$3 | +1 | +1% |
|
ASRV Hedge Fund Activity: Q1 2024 in Review
31 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in AmeriServ Financial (ASRV) for Q1 2024, worth a combined $13.9M — down 22% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ASRV and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $357K. The largest seller was Fourthstone LLC, exiting entirely with an estimated $1.02M sold.
- 31 institutional investors held AmeriServ Financial (ASRV) as of Q1 2024, down from 32 in Q4 2023.
- Funds reported $13.9M of AmeriServ Financial stock for Q1 2024, down 22% quarter-over-quarter.
- 3 funds opened new AmeriServ Financial positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest AmeriServ Financial buyer in Q1 2024 was Gendell Jeffrey L, an estimated $357K added.
- The largest AmeriServ Financial seller in Q1 2024 was Fourthstone LLC, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2024.