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 5 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 6 closing their positions.
5.45% more ownership
Funds ownership: 27.85% → 33.29% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 32 → 31 (-1)
7% less capital invested
Capital invested by funds: $18.8M → $17.4M (-$1.36M)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
17% less first-time investments, than exits
New positions opened: 5 | 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 |
ASRV Hedge Fund Activity: Q1 2023 in Review
31 of the 6,284 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 5 opened new positions — a net loss of 1 holder — while 9 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 32 in Q4 2022.
- Funds reported $17.4M of AmeriServ Financial stock for Q1 2023, down 7.3% quarter-over-quarter.
- 5 funds opened new AmeriServ Financial positions in Q1 2023 and 6 closed out, a net change of -1 holder.
- 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.