BayCom
BCML
67 hedge funds and large institutions have $152M invested in BayCom in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 11 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $159M → $152M (-$6.69M)
6.58% less ownership
Funds ownership: 64.31% → 57.74% (-6.6%)
11% less funds holding
Funds holding: 75 → 67 (-8)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$2.36M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.01M |
| 3 |
RA
Royce & Associates
New York
|
+$698K |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$430K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PA Capital
Richmond,
Virginia
|
-$3.22M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.32M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$597K |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$383K |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$28K | -1,250 | Closed |
|
|
MAM
77
Meeder Asset Management
Dublin,
Ohio
| – | -$23K | -1,018 | Closed |
|
BCML Hedge Fund Activity: Q2 2019 in Review
67 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BayCom (BCML) for Q2 2019, worth a combined $152M — down 4.2% from $159M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BCML and 6 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 26 added.
The largest buyer was Covington Capital Management, opening a new position worth an estimated $2.36M. The largest seller was PA Capital, cutting an estimated $3.22M.
- 67 institutional investors held BayCom (BCML) as of Q2 2019, down from 75 in Q1 2019.
- Funds reported $152M of BayCom stock for Q2 2019, down 4.2% quarter-over-quarter.
- 6 funds opened new BayCom positions in Q2 2019 and 11 closed out, a net change of -5 holders.
- The largest BayCom buyer in Q2 2019 was Covington Capital Management, an estimated $2.36M added.
- The largest BayCom seller in Q2 2019 was PA Capital, an estimated $3.22M sold.
Based on aggregated 13F filings for Q2 2019.