AmeriServ Financial
ASRV
30 hedge funds and large institutions have $15M invested in AmeriServ Financial in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
25% more capital invested
Capital invested by funds: $12M → $15M (+$2.97M)
3.74% more ownership
Funds ownership: 31.07% → 34.81% (+3.7%)
9% less funds holding
Funds holding: 33 → 30 (-3)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$473K |
| 2 |
GJL
Gendell Jeffrey L
|
+$396K |
| 3 |
OC
Oppenheimer & Close
New York
|
+$197K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$189K |
| 5 |
JP Morgan Chase
New York
|
+$63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$101K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$52.8K |
| 3 |
Renaissance Technologies
New York
|
-$22.1K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$19.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $562 | +$224 | +89 | +71% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $298 | – | – | – |
|
28
Wells Fargo
San Francisco,
California
| $2 | – | – | – |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$52.8K | -23,355 | Closed |
|
|
IC
30
Innealta Capital
Austin,
Texas
| – | -$283 | -125 | Closed |
|
|
CAL
31
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$3 | -1 | -0.8% |
|
32
Morgan Stanley
New York
| – | -$3 | -1 | Closed |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$3 | +1 | +1% |
|
ASRV Hedge Fund Activity: Q3 2024 in Review
30 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in AmeriServ Financial (ASRV) for Q3 2024, worth a combined $15M — up 25% from $12M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ASRV and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 11 added.
The largest buyer was John G. Ullman & Associates, adding an estimated $473K. The largest seller was PNC Financial Services Group, cutting an estimated $101K.
- 30 institutional investors held AmeriServ Financial (ASRV) as of Q3 2024, down from 33 in Q2 2024.
- Funds reported $15M of AmeriServ Financial stock for Q3 2024, up 25% quarter-over-quarter.
- 1 fund opened new AmeriServ Financial positions in Q3 2024 and 3 closed out, a net change of -2 holders.
- The largest AmeriServ Financial buyer in Q3 2024 was John G. Ullman & Associates, an estimated $473K added.
- The largest AmeriServ Financial seller in Q3 2024 was PNC Financial Services Group, an estimated $101K sold.
Based on aggregated 13F filings for Q3 2024.