ArrowMark Financial
BANX
25 hedge funds and large institutions have $33.6M invested in ArrowMark Financial in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% more capital invested
Capital invested by funds: $32.6M → $33.6M (+$1.04M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.37% less ownership
Funds ownership: 25.25% → 24.88% (-0.37%)
11% less funds holding
Funds holding: 28 → 25 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
+$332K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$224K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$132K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$102K |
| 5 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$60.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$472K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$369K |
| 3 |
Morgan Stanley
New York
|
-$211K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$186K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$144K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$472K | -26,000 | Closed |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| – | -$186K | -10,244 | Closed |
|
|
AWM
28
Able Wealth Management
Toms River,
New Jersey
| – | -$10K | -552 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$1.1K | -61 | Closed |
|
BANX Hedge Fund Activity: Q1 2024 in Review
25 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q1 2024, worth a combined $33.6M — up 3.2% from $32.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BANX and 1 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Oppenheimer & Co, opening a new position worth an estimated $332K. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $472K sold.
- 25 institutional investors held ArrowMark Financial (BANX) as of Q1 2024, down from 28 in Q4 2023.
- Funds reported $33.6M of ArrowMark Financial stock for Q1 2024, up 3.2% quarter-over-quarter.
- 1 fund opened new ArrowMark Financial positions in Q1 2024 and 4 closed out, a net change of -3 holders.
- The largest ArrowMark Financial buyer in Q1 2024 was Oppenheimer & Co, an estimated $332K added.
- The largest ArrowMark Financial seller in Q1 2024 was PNC Financial Services Group, an estimated $472K sold.
Based on aggregated 13F filings for Q1 2024.