ArrowMark Financial
BANX
36 hedge funds and large institutions have $38.5M invested in ArrowMark Financial in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 35 → 36 (+1)
0.52% less ownership
Funds ownership: 26.74% → 26.22% (-0.52%)
4% less capital invested
Capital invested by funds: $40M → $38.5M (-$1.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OGC
Oak Grove Capital
North Hampton,
New Hampshire
|
+$247K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$218K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$197K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$165K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$1.41M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$544K |
| 3 |
Man Group
London,
United Kingdom
|
-$92.2K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$79K |
| 5 |
BlackRock
New York
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $119K | +$120K | +5,327 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $112K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $56K | +$45.3K | +2,013 | +403% |
|
29
UBS Group
Zurich,
Switzerland
| $48K | +$28.9K | +1,285 | +147% |
|
30
Macquarie Group
Sydney, NSW 2000,
Australia
| $22K | +$22.5K | +1,000 | New |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| $11K | – | – | – |
|
|
VFA
32
Valeo Financial Advisors
Carmel,
Indiana
| $8K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $6K | -$32.7K | -1,453 | -83% |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $4K | -$39.6K | -1,760 | -90% |
|
|
TFA
35
Toth Financial Advisory
Leesburg,
Virginia
| $4K | – | – | – |
|
|
FHA
36
Flagship Harbor Advisors
Boston,
Massachusetts
| $2K | – | – | – |
|
|
37
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$79K | -3,449 | Closed |
|
|
38
BlackRock
New York
| – | -$49K | -2,147 | Closed |
|
39
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$23K | -1,000 | Closed |
|
BANX Hedge Fund Activity: Q3 2018 in Review
36 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q3 2018, worth a combined $38.5M — down 3.7% from $40M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BANX positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Oak Grove Capital, opening a new position worth an estimated $247K. The largest seller was Fenimore Asset Management, cutting an estimated $1.41M.
- 36 institutional investors held ArrowMark Financial (BANX) as of Q3 2018, up from 35 in Q2 2018.
- Funds reported $38.5M of ArrowMark Financial stock for Q3 2018, down 3.7% quarter-over-quarter.
- 4 funds opened new ArrowMark Financial positions in Q3 2018 and 3 closed out, a net change of +1 holder.
- The largest ArrowMark Financial buyer in Q3 2018 was Oak Grove Capital, an estimated $247K added.
- The largest ArrowMark Financial seller in Q3 2018 was Fenimore Asset Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2018.