ArrowMark Financial
BANX
28 hedge funds and large institutions have $43.5M invested in ArrowMark Financial in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
35.67% more ownership
Funds ownership: 0% → 35.67% (+36%)
22% more funds holding
Funds holding: 23 → 28 (+5)
14% more capital invested
Capital invested by funds: $38.2M → $43.5M (+$5.22M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$724K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$507K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$197K |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$195K |
| 5 |
Goldman Sachs
New York
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$353K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$271K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$33.2K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$10.6K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$9.24K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Acrospire Investment Management
Chicago,
Illinois
| $43K | +$31.4K | +1,698 | +283% |
|
27
UBS Group
Zurich,
Switzerland
| $23K | +$23.2K | +1,254 | New |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | -$9.24K | -500 | -50% |
|
|
GCP
29
GSA Capital Partners
London,
United Kingdom
| – | -$271K | -14,505 | Closed |
|
BANX Hedge Fund Activity: Q4 2016 in Review
28 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q4 2016, worth a combined $43.5M — up 14% from $38.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BANX positions and 1 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Greenwich Investment Management, adding an estimated $724K. The largest seller was Fenimore Asset Management, cutting an estimated $353K.
- 28 institutional investors held ArrowMark Financial (BANX) as of Q4 2016, up from 23 in Q3 2016.
- Funds reported $43.5M of ArrowMark Financial stock for Q4 2016, up 14% quarter-over-quarter.
- 6 funds opened new ArrowMark Financial positions in Q4 2016 and 1 closed out, a net change of +5 holders.
- The largest ArrowMark Financial buyer in Q4 2016 was Greenwich Investment Management, an estimated $724K added.
- The largest ArrowMark Financial seller in Q4 2016 was Fenimore Asset Management, an estimated $353K sold.
Based on aggregated 13F filings for Q4 2016.