ArrowMark Financial
BANX
27 hedge funds and large institutions have $45.9M invested in ArrowMark Financial in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.96% less ownership
Funds ownership: 35.36% → 34.4% (-0.96%)
1% less capital invested
Capital invested by funds: $46.5M → $45.9M (-$651K)
4% less funds holding
Funds holding: 28 → 27 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$724K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$480K |
| 3 |
BA
Bard Associates
Chicago,
Illinois
|
+$413K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$244K |
| 5 |
Morgan Stanley
New York
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$1.01M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$714K |
| 3 |
IP
Ironsides Partners
Boston,
Massachusetts
|
-$689K |
| 4 |
STMM
South Texas Money Management
San Antonio,
Texas
|
-$267K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Acrospire Investment Management
Chicago,
Illinois
| $8K | -$2K | -100 | -20% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $6K | +$1.5K | +75 | +36% |
|
|
NRCM
28
Northern Right Capital Management
Darien,
Connecticut
| – | -$1.01M | -50,066 | Closed |
|
|
STMM
29
South Texas Money Management
San Antonio,
Texas
| – | -$267K | -13,260 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$35K | -1,731 | Closed |
|
BANX Hedge Fund Activity: Q2 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q2 2017, worth a combined $45.9M — down 1.4% from $46.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BANX and 2 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.
The largest buyer was Stifel Financial, adding an estimated $724K. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $1.01M sold.
- 27 institutional investors held ArrowMark Financial (BANX) as of Q2 2017, down from 28 in Q1 2017.
- Funds reported $45.9M of ArrowMark Financial stock for Q2 2017, down 1.4% quarter-over-quarter.
- 2 funds opened new ArrowMark Financial positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest ArrowMark Financial buyer in Q2 2017 was Stifel Financial, an estimated $724K added.
- The largest ArrowMark Financial seller in Q2 2017 was Northern Right Capital Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2017.