ArrowMark Financial
BANX
23 hedge funds and large institutions have $30.8M invested in ArrowMark Financial in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 0 closing their positions.
35% more funds holding
Funds holding: 17 → 23 (+6)
5% more capital invested
Capital invested by funds: $29.3M → $30.8M (+$1.44M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.01M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$439K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$414K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$329K |
| 5 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$79.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.82M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$687K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$73.5K |
| 4 |
Morgan Stanley
New York
|
-$70.3K |
| 5 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$43.8K |
BANX Hedge Fund Activity: Q1 2016 in Review
23 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in ArrowMark Financial (BANX) for Q1 2016, worth a combined $30.8M — up 4.9% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BANX positions and 0 closed out — a net gain of 6 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was M3F Inc, opening a new position worth an estimated $1.01M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $1.82M.
- 23 institutional investors held ArrowMark Financial (BANX) as of Q1 2016, up from 17 in Q4 2015.
- Funds reported $30.8M of ArrowMark Financial stock for Q1 2016, up 4.9% quarter-over-quarter.
- 6 funds opened new ArrowMark Financial positions in Q1 2016 and 0 closed out, a net change of +6 holders.
- The largest ArrowMark Financial buyer in Q1 2016 was M3F Inc, an estimated $1.01M added.
- The largest ArrowMark Financial seller in Q1 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2016.