ArrowMark Financial
BANX
21 hedge funds and large institutions have $34.7M invested in ArrowMark Financial in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
13% more capital invested
Capital invested by funds: $30.8M → $34.7M (+$3.92M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 23 → 21 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$890K |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$635K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$276K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$175K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$90.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$66.7K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$48K |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$45.6K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$34.9K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$16.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| – | -$17 | -1 | Closed |
|
BANX Hedge Fund Activity: Q2 2016 in Review
21 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q2 2016, worth a combined $34.7M — up 13% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BANX and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $890K. The largest seller was Fenimore Asset Management, cutting an estimated $66.7K.
- 21 institutional investors held ArrowMark Financial (BANX) as of Q2 2016, down from 23 in Q1 2016.
- Funds reported $34.7M of ArrowMark Financial stock for Q2 2016, up 13% quarter-over-quarter.
- 3 funds opened new ArrowMark Financial positions in Q2 2016 and 5 closed out, a net change of -2 holders.
- The largest ArrowMark Financial buyer in Q2 2016 was Punch & Associates Investment Management, an estimated $890K added.
- The largest ArrowMark Financial seller in Q2 2016 was Fenimore Asset Management, an estimated $66.7K sold.
Based on aggregated 13F filings for Q2 2016.