Burke & Herbert Financial Services Corp
BHRB
51 hedge funds and large institutions have $89.3M invested in Burke & Herbert Financial Services Corp in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 7 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
3.84% more ownership
Funds ownership: 22.02% → 25.86% (+3.8%)
2% less funds holding
Funds holding: 52 → 51 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
15% less capital invested
Capital invested by funds: $105M → $89.3M (-$15.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.7M |
| 2 |
BlackRock
New York
|
+$5.45M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.55M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$567K |
| 5 |
State Street
Boston,
Massachusetts
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$4.67M |
| 2 |
Jane Street
New York
|
-$3.15M |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$2.58M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.7M |
| 5 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$519K |
BHRB Hedge Fund Activity: Q3 2023 in Review
51 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Burke & Herbert Financial Services Corp (BHRB) for Q3 2023, worth a combined $89.3M — down 15% from $105M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BHRB and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 19 added.
The largest buyer was Vanguard Group, adding an estimated $15.7M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $4.67M sold.
- 51 institutional investors held Burke & Herbert Financial Services Corp (BHRB) as of Q3 2023, down from 52 in Q2 2023.
- Funds reported $89.3M of Burke & Herbert Financial Services Corp stock for Q3 2023, down 15% quarter-over-quarter.
- 6 funds opened new Burke & Herbert Financial Services Corp positions in Q3 2023 and 7 closed out, a net change of -1 holder.
- The largest Burke & Herbert Financial Services Corp buyer in Q3 2023 was Vanguard Group, an estimated $15.7M added.
- The largest Burke & Herbert Financial Services Corp seller in Q3 2023 was T. Rowe Price Investment Management, an estimated $4.67M sold.
Based on aggregated 13F filings for Q3 2023.