ArrowMark Financial
BANX
26 hedge funds and large institutions have $32.6M invested in ArrowMark Financial in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 7 closing their positions.
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
0.64% more ownership
Funds ownership: 26.81% → 27.44% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $34.3M → $32.6M (-$1.71M)
16% less funds holding
Funds holding: 31 → 26 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$903K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$571K |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$359K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$254K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$823K |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$655K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$382K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$169K |
| 5 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$67.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Allworth Financial
Folsom,
California
| $3.33K | – | – | – |
|
|
HBCM
27
Heron Bay Capital Management
Bloomfield Hills,
Michigan
| – | -$823K | -45,742 | Closed |
|
|
RJA
28
Raymond James & Associates
St Petersburg,
Florida
| – | -$382K | -21,238 | Closed |
|
|
BAM
29
Belpointe Asset Management
Reno,
Nevada
| – | -$169K | -9,382 | Closed |
|
|
TAM
30
Tucker Asset Management
Littleton,
Colorado
| – | -$67.2K | -3,735 | Closed |
|
|
SCA
31
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$34.2K | -1,900 | Closed |
|
32
Acadian Asset Management
Boston,
Massachusetts
| – | -$20K | -1,161 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$6.3K | -350 | Closed |
|
BANX Hedge Fund Activity: Q2 2023 in Review
26 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q2 2023, worth a combined $32.6M — down 5% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BANX and 3 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 14 added.
The largest buyer was Stifel Financial, adding an estimated $903K. The largest seller was Heron Bay Capital Management, exiting entirely with an estimated $823K sold.
- 26 institutional investors held ArrowMark Financial (BANX) as of Q2 2023, down from 31 in Q1 2023.
- Funds reported $32.6M of ArrowMark Financial stock for Q2 2023, down 5% quarter-over-quarter.
- 3 funds opened new ArrowMark Financial positions in Q2 2023 and 7 closed out, a net change of -4 holders.
- The largest ArrowMark Financial buyer in Q2 2023 was Stifel Financial, an estimated $903K added.
- The largest ArrowMark Financial seller in Q2 2023 was Heron Bay Capital Management, an estimated $823K sold.
Based on aggregated 13F filings for Q2 2023.