ArrowMark Financial
BANX
28 hedge funds and large institutions have $44.4M invested in ArrowMark Financial in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 27 → 28 (+1)
3% less capital invested
Capital invested by funds: $45.9M → $44.4M (-$1.45M)
1.47% less ownership
Funds ownership: 34.4% → 32.93% (-1.5%)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$496K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$306K |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$271K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$260K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.8M |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$527K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$373K |
| 4 |
Morgan Stanley
New York
|
-$225K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWM
26
Perigon Wealth Management
San Francisco,
California
| $36K | +$35.1K | +1,727 | New |
|
|
VFA
27
Valeo Financial Advisors
Carmel,
Indiana
| $8K | +$7.63K | +375 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $5K | -$1.24K | -61 | -21% |
|
|
TMC
29
Trellus Management Company
Delray Beach,
Florida
| – | -$527K | -25,841 | Closed |
|
|
30
Brown Advisory
Baltimore,
Maryland
| – | -$212K | -10,370 | Closed |
|
|
AIM
31
Acrospire Investment Management
Chicago,
Illinois
| – | -$8K | -398 | Closed |
|
BANX Hedge Fund Activity: Q3 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q3 2017, worth a combined $44.4M — down 3.1% from $45.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BANX positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Greenwich Investment Management, adding an estimated $496K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $1.8M.
- 28 institutional investors held ArrowMark Financial (BANX) as of Q3 2017, up from 27 in Q2 2017.
- Funds reported $44.4M of ArrowMark Financial stock for Q3 2017, down 3.1% quarter-over-quarter.
- 4 funds opened new ArrowMark Financial positions in Q3 2017 and 3 closed out, a net change of +1 holder.
- The largest ArrowMark Financial buyer in Q3 2017 was Greenwich Investment Management, an estimated $496K added.
- The largest ArrowMark Financial seller in Q3 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $1.8M sold.
Based on aggregated 13F filings for Q3 2017.