ArrowMark Financial
BANX
35 hedge funds and large institutions have $40M invested in ArrowMark Financial in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 32 → 35 (+3)
2% less capital invested
Capital invested by funds: $40.8M → $40M (-$855K)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
1.94% less ownership
Funds ownership: 28.68% → 26.74% (-1.9%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$260K |
| 2 |
JP Morgan Chase
New York
|
+$132K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$110K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$70.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$57.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$1.57M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$783K |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$436K |
| 4 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$366K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$154K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BlackRock
New York
| $49K | +$47.2K | +2,147 | New |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $45K | +$40.5K | +1,845 | +1,604% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $40K | -$5.45K | -248 | -12% |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $23K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $20K | -$13.9K | -634 | -42% |
|
31
Bank of America
Charlotte,
North Carolina
| $11K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $11K | +$11K | +500 | New |
|
|
VFA
33
Valeo Financial Advisors
Carmel,
Indiana
| $8K | – | – | – |
|
|
TFA
34
Toth Financial Advisory
Leesburg,
Virginia
| $5K | +$4.39K | +200 | New |
|
|
FHA
35
Flagship Harbor Advisors
Boston,
Massachusetts
| $2K | +$2.2K | +100 | New |
|
|
MI
36
M3F Inc
Salt Lake City,
Utah
| – | -$366K | -16,840 | Closed |
|
|
PWM
37
Perigon Wealth Management
San Francisco,
California
| – | -$38K | -1,727 | Closed |
|
38
US Bancorp
Minneapolis,
Minnesota
| – | -$29K | -1,350 | Closed |
|
BANX Hedge Fund Activity: Q2 2018 in Review
35 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q2 2018, worth a combined $40M — down 2.1% from $40.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BANX positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Man Group, adding an estimated $260K. The largest seller was Fenimore Asset Management, cutting an estimated $1.57M.
- 35 institutional investors held ArrowMark Financial (BANX) as of Q2 2018, up from 32 in Q1 2018.
- Funds reported $40M of ArrowMark Financial stock for Q2 2018, down 2.1% quarter-over-quarter.
- 6 funds opened new ArrowMark Financial positions in Q2 2018 and 3 closed out, a net change of +3 holders.
- The largest ArrowMark Financial buyer in Q2 2018 was Man Group, an estimated $260K added.
- The largest ArrowMark Financial seller in Q2 2018 was Fenimore Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q2 2018.