ArrowMark Financial
BANX
32 hedge funds and large institutions have $40.8M invested in ArrowMark Financial in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $41.3M → $40.8M (-$517K)
2.71% less ownership
Funds ownership: 31.4% → 28.68% (-2.7%)
6% less funds holding
Funds holding: 34 → 32 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$299K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$129K |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$104K |
| 4 |
Morgan Stanley
New York
|
+$78.6K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$74.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.3M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.77M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$490K |
| 4 |
ICA
Infrastructure Capital Advisors
New York
|
-$324K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWM
26
Perigon Wealth Management
San Francisco,
California
| $38K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $33K | +$32.5K | +1,510 | New |
|
28
US Bancorp
Minneapolis,
Minnesota
| $29K | +$29.1K | +1,350 | New |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $22K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $11K | +$10.8K | +500 | New |
|
|
VFA
31
Valeo Financial Advisors
Carmel,
Indiana
| $8K | – | – | – |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $3K | -$21.6K | -1,004 | -90% |
|
|
ICA
33
Infrastructure Capital Advisors
New York
| – | -$324K | -16,100 | Closed |
|
|
DRZID
34
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$296K | -14,728 | Closed |
|
35
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$35K | -1,730 | Closed |
|
|
TA
36
Townsend & Associates
Westminster,
Colorado
| – | -$9K | -460 | Closed |
|
|
HFP
37
Holistic Financial Partners
Indianapolis,
Indiana
| – | -$2K | -100 | Closed |
|
BANX Hedge Fund Activity: Q1 2018 in Review
32 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q1 2018, worth a combined $40.8M — down 1.3% from $41.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BANX and 4 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 13 added.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $299K. The largest seller was Punch & Associates Investment Management, cutting an estimated $2.3M.
- 32 institutional investors held ArrowMark Financial (BANX) as of Q1 2018, down from 34 in Q4 2017.
- Funds reported $40.8M of ArrowMark Financial stock for Q1 2018, down 1.3% quarter-over-quarter.
- 4 funds opened new ArrowMark Financial positions in Q1 2018 and 5 closed out, a net change of -1 holder.
- The largest ArrowMark Financial buyer in Q1 2018 was Ladenburg Thalmann Financial Services, an estimated $299K added.
- The largest ArrowMark Financial seller in Q1 2018 was Punch & Associates Investment Management, an estimated $2.3M sold.
Based on aggregated 13F filings for Q1 2018.