ArrowMark Financial
BANX
33 hedge funds and large institutions have $36.9M invested in ArrowMark Financial in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 4 closing their positions.
16% more capital invested
Capital invested by funds: $31.9M → $36.9M (+$5M)
1.07% more ownership
Funds ownership: 25.24% → 26.31% (+1.1%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$1.13M |
| 2 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$724K |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$444K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$201K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$322K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$262K |
| 3 |
Morgan Stanley
New York
|
-$222K |
| 4 |
JP Morgan Chase
New York
|
-$213K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $107K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $107K | +$27.7K | +1,342 | +36% |
|
28
Bank of America
Charlotte,
North Carolina
| $82K | +$48.6K | +2,350 | +155% |
|
29
UBS Group
Zurich,
Switzerland
| $32K | -$52.5K | -2,539 | -63% |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $11K | – | – | – |
|
|
VFA
31
Valeo Financial Advisors
Carmel,
Indiana
| $8K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $3K | -$827 | -40 | -20% |
|
|
FHA
33
Flagship Harbor Advisors
Boston,
Massachusetts
| $2K | – | – | – |
|
|
BRWA
34
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$322K | -16,661 | Closed |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$212K | -10,974 | Closed |
|
36
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$19K | -1,000 | Closed |
|
|
MWNA
37
Marshall Wace North America
New York
| – | -$11K | -552 | Closed |
|
BANX Hedge Fund Activity: Q1 2019 in Review
33 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q1 2019, worth a combined $36.9M — up 16% from $31.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BANX and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Hilton Capital Management, opening a new position worth an estimated $1.13M. The largest seller was B. Riley Wealth Advisors, exiting entirely with an estimated $322K sold.
- 33 institutional investors held ArrowMark Financial (BANX) as of Q1 2019, down from 34 in Q4 2018.
- Funds reported $36.9M of ArrowMark Financial stock for Q1 2019, up 16% quarter-over-quarter.
- 3 funds opened new ArrowMark Financial positions in Q1 2019 and 4 closed out, a net change of -1 holder.
- The largest ArrowMark Financial buyer in Q1 2019 was Hilton Capital Management, an estimated $1.13M added.
- The largest ArrowMark Financial seller in Q1 2019 was B. Riley Wealth Advisors, an estimated $322K sold.
Based on aggregated 13F filings for Q1 2019.